Buoyed by the success of the initiative to provide young entrepreneurs with access to funding of between GH¢10,000 to GH¢100,000 to grow their businesses, the government, through Ministry of Business Development, will make available GH¢200 million to small-scale businesses and start-ups next year, the minster responsible for its implementation,...
…commends Otumfuo for releasing 150-acre land President Nana Addo Dankwa Akufo-Addo has inaugurated an integrated composting and recycling plant worth US$95 million in Kumasi to serve as the central point for processing waste generated in the Ashanti Region. The facility, named after the Asantehene, Otumfuo Osei Tutu II, was established...
Depending on how you respond, the COVID-19 pandemic could be a total disruption of your life or could be the beginning of a new lease of life for you, Executive Director of Springboard Road Show Foundation, Rev Albert Ocran has stated. Sharing a story, he titled ‘one pandemic, three movers’,...
...25,000 business set to benefit Micro, Small and Medium Enterprises (MSMEs) can begin the process to access a GH₵90million fund made available by the Mastercard Foundation, which is to be disbursed through the National Board for Small Scale Industries (NBSSI) under the COVID-19 Recovery and Resilience Programme. The support scheme, dubbed...
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...
To support Small and Medium Enterprises (SMEs), Fidelity Bank in partnership with the International Finance Corporation (IFC) initiated a four-part webinar series to offer financial and business strategies for SMEs to navigate the economic downturn caused by the COVID-19 pandemic. The webinar series was organized under the Bank’s new...
Despite the marginal decline in lending rates in the past few months, small businesses – especially startups, have bemoaned why the cost of borrowing remains high at a time they need capital to inject into their operations. The Statistical Bulletin report June 2020 published by the Bank of Ghana shows...
The Private Enterprise Federation (PEF) is pushing government to continue introducing policies, guidelines and legislation to enhance Ghana’s business-friendly environment, despite the World Bank halting publication of the Doing Business report after irregularities regarding changes to the data used in the report were detected. Nana Osei Bonsu, Chief Executive Officer...
-Young entrepreneurs advised The proprietor of Clearpower Ventures, Mr Clearforce Tetteh has urged fellow young entrepreneurs to diversify their product offerings to help survive the uncertainties of the COVID-19 pandemic. Sharing his experiences alongside other beneficiaries of the COVID-19 Recovery and Resilience Programme (CoRe), he said although he was an electrical...
The program will support 300 high-performing entrepreneurs with up to US$150,000 each in zero-interest loans and will provide technical support to spur Africa’s economic recovery. Entrepreneurial Solutions Partners (ESPartners), in collaboration with the U.S. African Development Foundation (USADF) and Ecobank, has launched the African Resilience Initiative for Entrepreneurs (ARIE)...