The National AfCFTA Coordinating Office has called on banks in the country to provide the financial muscle for small and medium businesses that are seeking to access the single continental market. “Whatever they have to do, banks have to play a critical role to uplift our businesses from small scale...
 as GEA launches WeRise Network to celebrate women entrepreneurs The third Biennial Ghana Women Entrepreneurship Summit (GWES2022) has been opened with the launch of the innovative Women Entrepreneurs Rise (WERise) Network to support and celebrate achievements of the Women Entrepreneurs in Ghana. WERise will further unite the efforts of women...
Businesses seeking to explore the numerous opportunities that are being offered by the African Continental Free Trade Area (AfCFTA) will have to formalize their operations and pay the right taxes to support government’s quest to build strong and competitive local brands that can compete in the single continental market. “Taxes...
CIMAF Ghana, a multi-national cement manufacturing company, has bought into the Technical Vocational Education and Training (TVET) policy and launched a programme to train students at the Kumasi Technical University (KsTU). In all, some 1,200 masonry artisans are expected to be trained annually, by equipping them with modern skills in...
Twelve fast-growing Small and Medium Enterprises (SMEs) in Ghana have been selected to participate in the inaugural cohort of MEST Africa and the Mastercard Foundation’s venture acceleration programme, MEST Scale. MEST Scale is a venture acceleration programme designed to help SMEs strengthen their operations, address key technology gaps and increase...
The Head of Strategic Communications, Catherine Afeku, says that the National AfCFTA Coordinating Office’s strategy is to reach out directly to potential exporters through consistent engagements and stakeholder deliberations to enhance the capacity of Ghanaian women traders in the single continental market, and hand-hold local export businesses to equip...
The COVID-19 pandemic’s impact on global economies, and on SMEs in particular, has been largely covered and commented on. Businesses are experiencing dampened or scaled-back operations, disrupted supply chains, volatile raw material and input prices, shrinking or disappearance of supplier’s credit, and increased cost of doing business. These impacts...
Microsoft’s Founders Hub to launch in Africa through the ATO New partnerships with accelerators and incubators to provide industry-based start-ups with access to markets, technical skills and funding Network of partnerships with venture capital investors will facilitate access to US$500 million in potential funding Under the remit of its...
The Ghanaian business environment is dominated by Small and Medium-Sized Enterprises (SMEs) representing 85% of businesses and contributing 70% of Ghana’s Gross Domestic Product (GDP) according to the Association of Ghana Industries (AGI). However, this very important business segment continues to face a myriad of challenges including access to...
Small and Medium Enterprises (SMEs) have been advised to tap into advisory and other capacity building initiatives offered by banks to aid their development. This message was the basis of a presentation by Charlotte Lily Baidoo, General Manager for SME Banking at Universal Merchant Bank (UMB), during the German Sparkassenstiftung...