Absa Bank has achieved a remarkable milestone by disbursing an impressive GHs100 million through its 10% SME loan program. This achievement underscores the bank’s dedication to empowering and fostering the growth of SMEs in Ghana.In collaboration with the Mastercard Foundation, this initiative stands as a pioneering financing program launched by the bank. Its primary aim
Vodafone Ghana has demonstrated its unwavering commitment to the growth and transformation of Small and Medium-Scale Enterprises (SMEs) in Ghana. The telecommunications company marked the official launch of its annual SME Month with a media briefing led by Director of the Enterprise Business Unit & Wholesale at Vodafone Ghana, Tawa Bolarin.“SMEs are the cornerstone of
A global leader in the logistics industry, DHL has announced that it would continue to invest in the Nigerian market and help stimulate growth. Chief Executive Officer, DHL Express, Sub-Saharan Africa, Hennie Heymans, in a chat with journalists, said DHL would continue to be at the forefront of investment in the economy and help SMEs
A fastest privately owned company in Ghana, Pan African Business Developers (PABD) has provided training for 30 traders and awarded them with certificates through its Small Medium Enterprise (SMEs) Development and Innovation Programme (DIP) at Kwabenya market in the Greater Accra region. In addition to the above, they supported the traders with a seed capital
African Development Bank (AfDB) and First City Monument Bank, FCMB, have signed a $50 million Line of Credit agreement to improve access to finance for Small and Medium Enterprises, SMEs, and Women-Empowered Businesses (WEB) in the country. AfDB also said that it would partner with FCMB through a technical assistance grant of $200,000 sourced from
In line with Stanbic IBTC’s mandate of driving business growth and building capacities to create successful enterprises in the country, the Stanbic IBTC Bank Plc, in partnership with the FATE Foundation, has trained 2,000 Small and Medium Scale Enterprises (SMEs) in Nigeria through its SME Capacity Building Program. The Head, Enterprise Banking (SME) Stanbic IBTC
GCB Bank PLC continues to show its strong commitment to empowering the youth and SMEs, especially after the devastating economic effects of the Covid-19 pandemic. The Bank has disbursed GH₵100,000 as support to Resilient Ghana to provide a platform that challenges and empowers the youth to identify, create and present innovative solutions to real-life problems
Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, reinventing themselves with cutting edge financial services that remain key to sustaining its relevance to
Universal Merchant Bank (UMB) has been named among other universal banks with the lowest interest rate on loans offered to small and medium scale enterprises in the country, according to the Bank of Ghana “Annual Percentage Rates (APR)” report. The central bank’s 2021 Annual Percentage Rates (APR) report (BoG) revealed that “on loans offered to
The Ghana Stock Exchange is urging businesses to take advantage of the available opportunities on the capital market to raise funds to boost their operations. Deputy Managing Director of the GEE, Abena Amoah, hinted that the establishment of the listing support fund is to attract small businesses to list on the market without any financial
