– Learnings from Absa’s Young Africa Works project
By Celestine DUVOR & Prince KAY-TAKRAMA
Micro, Small and Medium-scale enterprises (MSMEs) play a key role in driving economic development, job creation, environmental sustainability, and financial inclusion. This, according to the World Bank, makes MSME development a foremost priority for many governments around...
...CEO sees move as pivotal
The Development Bank Ghana (DBG) is embarking on an ambitious digital finance initiative aimed at unlocking up to $100 million for small and medium enterprises (SMEs) across the country.
The new programme, dubbed the Ghana Integrated Financial Eco-system (GIFE), will leverage innovative technologies and partnerships to...
Absa Bank Ghana has released a set of impressive testimonial videos from their SME customers: to highlight a bank’s power to transform and grow small and medium scale (SME) businesses in a developing economy.
The videos, organically driven by its customers across a variety of sectors in the SME space,...
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...
... as AVI 2021 fellows graduate
Businesses, particularly small and medium-sized enterprises (SMEs), have been advised to derisk and better position their operations to attract investors, drum up financial support, and boost growth.
Following concerns that many enterprises fail in their quest to access funding because they are not investor-ready, experts,...
The Ghana Enterprises Agency is excited to announce a new partnership with Lokko House and Jowato Company Limited under its GEA/Mastercard Foundation Business In A Box (BizBox) Project. This initiative aims to promote Micro, Small and Medium Enterprises (MSMEs) in Ghana by providing market access for inclusive and sustainable...
The Ghana Enterprises Agency (GEA) in partnership with the Mastercard Foundation is set to create some 39,000 jobs for the youth in three years, the acting Director in-charge of Women Entrepreneurship at the agency, Philomena Norman, has said.
Of the total, 70 percent of the beneficiaries will be females and...
Managing Director of CalBank PLC, Philip Owiredu, has advised small and medium scale Enterprises (SMEs) to manage their sources of financing appropriately to be credit worthy at all times for business growth.
According to him, this would ensure businesses stay afloat and also help them invest more in other areas...
…Strategies for financial success in business
Budgeting and expense control are two cornerstones of financial management that can significantly impact the success and sustainability of any business. Effective budgeting allows you to plan your finances, allocate resources efficiently, and achieve your financial goals. Expense control ensures that your business operates...