Small businesses in Ghana are typically reliant on the regional current market and ought to generally compete with bigger, more founded businesses.
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They have to be Innovative and resourceful to be able to endure inside of a hugely competitive market. They must also have the ability to market their solutions or companies correctly so as to draw in customers.
Lending and credit score scoring: Fintech startups in Accra are addressing gaps within the credit history current market by building electronic lending platforms and impressive credit history scoring types.
With its swiftly growing ecosystem of social enterprises and objective-driven startups, Accra is really a launchpad for making effect in West Africa and further than.
Speaking to journalists within the undertaking web page as part of his Ghana business news familiarisation tour to institutions underneath GAEC on Thursday, Mr Muhammed said the government would aspect about GH¢300 million demanded to finish the ability into the subsequent finances.
Accra “Accra, Ghana’s money and central hub for innovation, can be a important gateway for entrepreneurship through the nation and the broader region.
The Minister directed the GAEC and its businesses to post a paper, earning persuasive circumstance For additional means to execute their get the job done.
Voluntary impacts of the chance administration committee characteristics on firm overall performance: Do board measurement subject?
Whilst difficulties such as usage of money and regulatory hurdles continue to be, the alternatives in rising sectors give a promising outlook for the longer term.
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The networking, the strong conversations, the ecosystem excursions—it had been an practical experience that went outside of an celebration; it had been a movement of modify. What’s Up coming?
Based on the World wide Peace Index, Ghana is currently ranked among the top rated 10 most peaceful African nations. This peaceful surroundings generates a conducive environment for businesses to prosper. The audio macroeconomic natural environment can make it among the best areas for doing business in West Africa.
There have been Mobile Revenue (MOMO) penetration through the initiatives of telecommunication providers like MTN, Vodafone and Tigo that has provided customers a quick, uncomplicated, practical, secure and affordable technique for undertaking financial transactions with mobile phones