Government has outlined measures to strengthen women-owned businesses through improved access to finance, market opportunities and export support.
Vice President Prof. Naana Jane Opoku-Agyemang says the proposed Women’s Development Bank will provide affordable financing to women entrepreneurs, including market traders, farmers, food processors and artisans.
She disclosed that an application for a banking licence had been submitted to the Bank of Ghana for regulatory approval.
Meanwhile, the Ghana Enterprises Agency is working to improve the capacity of women-led businesses to expand their operations and compete in international markets.
The Chief Executive Officer of the Agency, Margaret Ansei, says efforts are underway to improve product packaging, standardisation and access to export opportunities. She also disclosed that the Agency is building partnerships in Cincinnati and Columbus, Ohio, to connect Ghanaian women entrepreneurs to international buyers.
The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, has also reaffirmed the Ministry’s commitment to addressing challenges relating to access to finance, product certification and digitalisation.
She disclosed that the Ghana Enterprises Agency reached 495,809 women in 2024 through targeted business development support.
The Minister said government would continue collaborating with stakeholders to improve productivity, expand exports and create sustainable jobs.
The remarks were made at the fifth Ghana Women Entrepreneurship Summit, held under the theme “Empowering Women to Drive Trade, Innovation and Industrial Growth.”
