Globally, it is estimated that approximately 1.3 billion people are working within the MSME subsector. However, huge number (between 414-466 million) of these MSMEs are not formalized. These are unsurprising statistics, especially when viewed in the context of emerging economies like Africa. This is because, in most part of...
When the wrath of COVID-19 began to ravage world economies, take lives and alter our way of life, many thought it was just a temporal occurrence. Six months down the line, we are still keeping social distance, wearing our face masks, and regularly washing or sanitising our hands. As...
In the midst of a period of ongoing disruption, SMEs are increasingly turning to the cloud to help evolve their business models, achieve greater efficiency, and drive innovation. According to Jade Michael, Head of Public Cloud at SAP Africa, the impact of the pandemic has left many SMEs operating under...
SNV Ghana has launched the second call of its matching grant competition dubbed: ‘GrEEn Innovation Challenge’ for 15 Small and Medium Enterprises (SMEs) in the Western and Ashanti Regions. The Boosting Green Employment and Enterprise Opportunities in Ghana (GrEEn) Innovation Challenge, will be awarding a matching grant of up to...
The West African Regional Director of CUTS International, Appiah Kusi Adomako has urged Ghanaian SMEs to collaborate and build partnerships to reduce the cost of exporting and trading under African Continental Free Trade Area. Speaking at a Public Private Dialogue organized by CUTS International Accra with support from Deutsche Gesellschaft...
KfW, the German development bank, has reaffirmed that its partnership with the recently launched Development Bank Ghana (DBG) - which was signed in December 2021, seeks to provide much-needed support to the Small- and Medium-sized Enterprise (SME) sector and thereby promote sustainable development of the Ghanaian economy based on...
Ecobank Commercial Banking, part of the Pan-African banking Group Ecobank, has launched its Ellevate Leadership Training Programme in partnership with the Global Business School Network (GBSN). The Ellevate Leadership Training Programme forms part of ‘Ellevate Equip’, the brand name for all capability and training support initiatives for Ellevate by Ecobank...
We’ve often heard success stories of the world’s biggest market leaders like Amazon, Apple, Samsung, Microsoft, Facebook and among others. Several businesses look up to them for inspiration and a sense of direction. There are quite a number of case studies on their business strategies and how these strategies can...
Cash they say is king, but the cash we have come to cherish may no longer be the printed paper and embossed coins decorated with the faces of dead statemen. Cash will become a string of codes recognised by highly sophisticated computer algorithms which we can either store in...
Societe General Ghana has launched its new loan product for the country’s Micro, Small and Medium Enterprises (MSMEs) to boost and support their operations. The product - tagged ‘Boafo Loan’ - is aimed at providing short to medium loan facilities to the tune of GH¢600,000 without collateral to turn their...