The foundation of financial success for businesses Bookkeeping and record-keeping are the unsung heroes of financial management for businesses. Whether you're running a small start-up or managing a larger enterprise, mastering the basics of maintaining accurate financial records, tracking transactions and organising financial documents is essential for tax compliance,...
Absa Bank has disbursed an impressive GH¢100million under its 10 percent SME loan programme, marking a significant milestone that demonstrates the bank’s longstanding commitment to empowering and driving the growth of SMEs in Ghana. The initiative, which is in partnership with Mastercard Foundation, is a landmark financing programme from the...
The United Nations (UN) Resident Coordinator in Ghana, Charles Abani, has indicated that small and medium-scale enterprises (SMEs) are only able to access a paltry 0.41 percent of the required capital they need to scale up He said sources of SME financing in Ghana, such as private equity and venture...
Voice-based payment systems, driven by advancements in artificial intelligence and natural language processing, are rapidly entering the financial ecosystem and being mainstreamed. I share in a series of articles based on my direct experiences of being very closely associated with a global FinTech team that is involved in developing...
As preparations toward a single market for the African continent are underway, the Association of Ghana Start-ups president, Solomon Adjei, has reiterated the need for government to be deliberate in its implementation of programmes for start-ups. “If the government wants start-ups to benefit from the free trade area, then it...
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...
In a significant move aimed at bolstering the growth and resilience of thousands of trade associations and Small and Medium Enterprises (SMEs), Access Bank Ghana has signed a Memorandum of Understanding (MoU) with Deloitte Ghana. The partnership, announced on Monday 28th August, 2023, is set to usher in a new...
…on positioning entrepreneurs and SSME ecosystem for growth On a typical day, you would have seen the Inspiring Start-ups page spotlighting an entrepreneur or a small and medium-sized enterprise (SME) that is doing incredibly well in the entrepreneurial ecosystem. This, however, is not the case this week. Instead, we are bringing...
MTN Ghana, as part of its shared value strategy, has organised an enterprise support programme for some Small and Medium Enterprises (SMEs). The event took place in Accra and saw three categories of beneficiaries - youth, women and persons with disability. In all, the programme aims to support 500 enterprises...
showcases innovations of industrial clusters in cosmetics, fruits & cassava value chains The 2nd Ghana International Cluster Conference has concluded in Accra with a strong emphasis on enhanced business clusters throughout the ECOWAS region and the utilisation of cluster development methodologies to facilitate integration within the African Continental Free...