The Monetary Authority of Singapore (MAS), Bank of Ghana (BOG) and Development Bank Ghana (DBG) have signed a Memorandum of Understanding (MoU) to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for micro, small and medium enterprises (MSMEs) in Ghana, and generate...
Th continues to extend its unflinching support to growth of the Ghanaian Micro, Small, Medium Enterprise (MSME) sector, providing over GH¢28million to 89 SMEs under the COVID-19 Response Grant Programme. They are the third batch of beneficiaries under the programme, which is a component of the Ghana Economic Transformation Project...
On January 30, the African Development Bank (AfDB) announced the approval of a dual-currency trade Finance Line of Credit for the ECOWAS Bank for Investment and Development (EBID). The three-and-a-half-year facility, which comprises of US$50million and €50million, and additional co-financing of US$30million from the People’s Bank of China (PBOC),...
Ghana and Africa's ability to put its people, especially the youth, to work and to create an inclusive, progressive economy, depends significantly on the growth of small and medium enterprises (SMEs). This is a known fact. But how to fuel the sustainable growth of SMEs is the running task that various...
...efforts aimed at propelling industrialisation and economic growth The Northern Regional Conference and Stakeholder Engagement focused on Implementation of the African Continental Free Trade Agreement (AfCFTA) concluded recently - with a strong commitment from government to bolster Micro, Small, and Medium-sized Enterprises (MSMEs) in order to fully capitalise on the...
… A roadmap for SME success Financial ratios are essential tools for small and medium-sized enterprises (SMEs) to assess their financial health, identify trends, and make informed strategic decisions. By calculating and interpreting key financial ratios, SMEs can gain valuable insights into their performance and take proactive steps to achieve...
GLICO Healthcare has launched its 20th anniversary, celebrating two decades of unwavering commitment to providing quality healthcare solutions for individuals, families and corporate entities. Part of the launch was an announcement of the ‘Retirees Health Plan’, a comprehensive healthcare package designed to cater to the specific needs of retirees; ensuring...
By Buertey Francis BORYOR The MIT Legatum Centre for Development and Entrepreneurship, in collaboration with the Ghana Enterprises Agency (GEA), Ghana Hubs Network (GHN) and She Hub Ghana, has successfully concluded a dynamic three-day bootcamp aimed at nurturing innovation-driven ventures in Accra. The event, themed 'Building scalable innovation ventures', brought together...