Some features of this site may not work without it. Determinants and Challenges Fuseini, G. The motivation for this study is the persistent lack of access to credit facing all firms in general and SMEs in particular.
Speaking at an SME Clinic organised by Union Savings and Loans in Accra, Stephen Essien encouraged small business owners to look into connectivity, business applications, devices, security, payment platforms and solutions, and service support as they are some of the crucial elements that will make them more efficient and drive innovation.
He mentioned that Tigo business has invested in various products and services in this regard to support SMEs.
He said several studies indicate that mobile technologies are the leading cause of innovation in most SME businesses. He however expects liquidity to pick up in the run-up to the elections.
Toma Imirhe expects the exchange rates to remain stable until third quarter of the year. He however expects the cedi to depreciate in the last few months of the year due to increase money in circulation and speculative demand for foreign exchange. The SME clinic brought together over SMEs from Accra, and it was aimed at building their capacity in record-keeping and understanding macro-economic issues.Financing Small and Medium-Scale Enterprises (SMEs) to achieve the desirable growth and expansion has been topical for governments, policymakers, non-governmental organizations (NGOs), financial and non-financial institutions.
The recent upsurge in the interest of finding ways of bridging the financing gap faced by SMEs by these stakeholders have been necessitated by the enormous contributions.
The Ghana SME Finance Summit will bring together various participants from top financial technology companies as well as financial institutions in Ghana. There will be workshops where think-tanks from these institutions and companies dissect topics relating .
The Government of Ghana’s (GOG) Medium Term Growth Strategy aims to develop a thriving private sector with the capacity to create new jobs and improve livelihoods, especially for the youth, the.
SME financing in Ghana - enhancing access and reducing cost The upcoming maiden SME financing fair is deemed as an excellent opportunity for players in the industry to dialogue and share ideas.
SMEs in Ghana provide, estimably, eighty-five percent of manufacturing employment contributes seventy percent of the Gross Domestic Product (GDP) and constitute ninety-two percent of businesses in Ghana (Abor and Quartey, ).
GAIN is a body corporate limited by guarantee and established under the laws of Ghana. Jacana Partners is a pan-African private equity company that invests in entrepreneurs, builds successful small-to-medium sized enterprises (SMEs) and delivers sustainable social and financial returns.