GH¢245m already deployed for on-lending by PFIs
GH¢1bn underway in 6-months
10 partnerships undertaken
5 partner financial institutions
Ensuring competitively priced medium-to-long-term financing to support the small and medium-sized enterprises (SME) sector, the Development Bank Ghana (DBG) is leveraging on its capacity and partner financial institutions (PFIs) to de-risk...
The Marketing Queen, a network marketing entrepreneurship pageant aimed at helping mitigate graduate unemployment among females in the country has been launched at the Longrich International office in Accra.
Developed by PGW-GH,a leading marketing partner of Longrich International, a consumer product manufacturing conglomerate, the Marketing Queen pageantry (MQP) is a...
Impact Investing Ghana (IIGh) has begun the operational set-up of its innovative Ci-Gaba Fund of Funds that seeks to unlock US$75million in local and international funding.
The fund seeks to support local capital firms with focus on investing in small and medium-sized enterprises (SMEs) to advance the Sustainable Development Goals...
Invest For Employment (IFE), an international financial institution, has supported Geolicraft Company Limited with a grant of over US$1million to establish a crafts vocational training center, to train rural women and youth on straw, wood products and fashion designing.
This was after Geolicraft applied and satisfied all the grant requirement...
The Ghana Chamber of Young Entrepreneurs (GCYE) has introduced a revolving fund programme aimed at offering accessible financial support to small and medium-sized enterprises (SMEs) and micro businesses, with a particular focus on those operating in the environmental sustainability space and circular economy.
To kickstart this initiative, the SNV Netherlands...
Standard Chartered Bank Ghana has opened applications for Cohort 4 of the Standard Chartered Women in Technology (SCWIT) Incubator Programme.
The initiative supports female-led and/or owned businesses, in line with the growing demand for diversity in technology and entrepreneurship. It underscores the need for increased opportunities for women to develop...
The Ecobank Group and the African Union Development Agency (AUDA-NEPAD), under its 100,000 MSMEs by 2021 (100K MSMEs), have launched the MSME Academy to provide easy access to practical training and resources on financing opportunities in various countries; how to build a digital presence for businesses; and how to...
… 400,000 businesses seek over GH¢2bn support
Data from the National Board for Small Scale Industries (NBSSI) have revealed that 400,000 businesses seeking a total sum of over GH¢2billion applied to benefit from the NBSSI and Mastercard Foundation Nkosuo loan scheme, whereas only GH¢90million is available to 25,000 Micro, Small...
Fidelity Bank Ghana in partnership with MDF West Africa launched a trade road show focused on training Micro, Small and Medium Enterprises (MSMEs). The various subject matters covered included international trade payment methods and their associated risks; opportunities available in the international trade business; and understanding the Integrated Customs Management System (ICUMS) new clearing process.
This...
Founder and CEO of Africa’s fast-growing tech-led outsourcing company Remoteli Limited, Samuel Brooksworth, has urged start-up business owners to concentrate on solving problems that impact people rather than financial gains.
According to the British-Ghanaian businessman, it is typical for every business to aim at financial benefits; but there should also...