Micro, small, and medium business enterprises (MSMEs) play a vital role in the global economy, contributing significantly to job creation and economic growth. However, they often face challenges in competing with larger enterprises due to limited resources and capabilities. One way for MSMEs to overcome these challenges is through...
Green business accelerator, the Ghana Climate Innovation Centre (GCIC) which supports local small and medium enterprises to successfully commercialise and scale innovative business solutions, graduated 29 people from its Cohort Five at its Accra Office last week. It brings the total number of incubated businesses to 112 since the inception...
The Bank of Africa (BOA)-Ghana, in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, focused on the private sector in emerging markets, has launched an innovative project to train about 1000 Small and Medium-sized Enterprises (SMEs) across Ghana, with a special focus on...
… as gov’t, EBID join forces to empower businesses, drive economic growth Finance minister Dr. Mohammed Amin Adam has signed a strategic Memorandum of Understanding (MOU) with the ECOWAS Bank for Investment and Development (EBID), in a move aimed at empowering small businesses and driving economic growth. The agreement - signed...
Seven female-led micro, small and medium-sized enterprises (MSMEs) have successfully secured US$2million in funding from private high net-worth individual (HNI) investors. Announcing this during the Women Entrepreneurship for Africa (WE4A) project’s conclusion in Accra, Juanita Addo, CEO-Hyma Academy, revealed that four additional enterprises secured a €120,000 grant while ten more...
‘My Story Magazine’, a magazine set to tell the story of young African entrepreneurs, has been launched in Accra. The magazine, which will be published every quarter, is expected to be a one stop platform that promotes young African start-up entrepreneurs and their unique stories. According to Chief Executive Officer and...
The United Nations Industrial Development Organization (UNIDO) and the Ghana Enterprises Agency (GEA) has launched a call for applications for its program aimed at scaling up national initiatives on Micro, Small and Medium Enterprises (MSMEs) promotion. The call for proposal under the joint implementation of UNIDO and the GEA is...
For start-ups looking for sustained funding, the best way to access the right funding is to look out for investors who have experience in their field of business, Dr. Belinda Gail Quarterman Noah, Executive Director of the Founder Institute, a world premier idea-stage accelerator and start-up launch programme, has...
The Kumasi Metropolitan Assembly (KMA) has announced to undertake disinfection and fumigation exercise on Sunday, as part of phase three of the nationwide exercise being done to fight COVID-19. The exercise will start from 8 AM to 12 PM across all the major markets in the Metropolis. In view of this,...
The resurgent Venture Capital Trust Fund is not only providing financing that ensures the commercial growth and sustained viability of beneficiary SMEs; it is actually establishing a new financial industry that enables SMEs to access equity finance rather than inordinately expensive debt finance. TOMA IMIRHE examines the potential for...