Gov’t to help MSMEs prepare bankable proposals- Trade Minister
By Love Wilhelmina Abanonave The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has announced that the Ministry is introducing dedicated financing support programmes to help Micro, Small and Medium Enterprises (MSMEs) prepare bankable proposals. “We know that you have a plan. We need to make it presentable so that the bank will understand. We […]
The Minister for Trade, Agribusiness and Industry in Ghana, Elizabeth Ofosu-Adjare, has announced that the government will provide dedicated financing support programmes to help Micro, Small and Medium Enterprises (MSMEs) prepare bankable proposals. She explained that while many women entrepreneurs have good business ideas and plans, they struggle to access finance due to the inability to present their proposals in a way that banks can understand and approve.
The Minister highlighted that the Ministry is working with the Ghana Export Promotion Authority (GEPA) through the Accelerated Export Development Programme and the Feed the Industry initiative to connect producers with buyers. Additionally, the West Africa Trade Facilitation Programme, implemented by the Ministry in partnership with Trademark Africa and the World Bank, has provided export readiness and cross-border trade centralisation to over 2,800 businesses led by women, young people, and persons with disabilities.
Brief written by urgent.news from GBC Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
