Skip to main content

StarLife Assurance Provides GHS100,000 Insurance Cover for SMEGA 2025 Award Winners

 SME Ghana Awards, MTN, StarLife AssuranceIn a strategic move to deepen financial inclusion and support the resilience of Small and Medium-Sized Enterprises (SMEs), StarLife Assurance, in partnership with MTN Ghana, has announced a comprehensive insurance package for each winner of the 2025 SME Ghana Awards (SMEGA).

The initiative, unveiled during the 2025 SMEGA Awards ceremony, provides each award-winning entrepreneur with a dual-layer security net: GHS 100,000 in Life Insurance coverage for one year, alongside robust Business Protection against fire and allied perils.

While recognition is vital, this intervention shifts the focus toward long-term economic sustainability. In Ghana, SMEs account for most of the workforce, yet they remain the most vulnerable to financial shocks. By providing formal risk-mitigation tools, StarLife and MTN are transforming award recognition into meaningful financial sector impact.

According to Alex Twumasi, Head of Commercial Distribution, StarLife Assurance, the partnership with MTN Ghana reflects a shared commitment to strengthening Ghana’s SME ecosystem by providing not only visibility but also practical risk protection tools.

SMEs are the backbone of Ghana’s economy. By protecting both the entrepreneur and the business, we are ensuring continuity, resilience, and growth,” he stated.

The beneficiaries of the insurance package provided by StarLife Assurance in partnership with MTN Ghana at the 2025 SMEGA Awards include distinguished Ghanaian entrepreneurs across diverse sectors. They are Joyce Irene Ababio, CEO of JACCD Design Institute Africa; Jemima Blessed Attuahene, CEO of Evergreen Blessed; Braimah Hawah, CEO of Akaal Skill Development Academy; Charles Atia, CEO of B-Diet; Rita Aku Diabah, CEO of Yesli Ice; Gafaratu Fuseini, CEO of Queen Gaf; Asante Philomena, CEO of Minana Services; Nana Abenaa Oforiwa, CEO of Sinceshea; Alex Opare Yeboah, CEO of Lexvee Agro Processing; Hammond Stephen Nii Armah, CEO of Haps GlobalTogether; Mohammed Shani-Zakaria, CEO of Saan One One Company; and James Ebo Whyte, CEO of Roverman Productions.

This intervention is a critical response to a business environment where many SMEs remain highly vulnerable to unforeseen disruptions most notably fire outbreaks and the loss of key personnel. By integrating Life Insurance for business owners with comprehensive Asset Protection, this initiative provides a dual-layer of security. This approach does more than provide a safety net; it ensures business continuity, allowing these enterprises to survive external shocks, maintain operations, and continue contributing to Ghana's economic growth.

The collaboration underscores the growing role of corporate partnerships in SME development. With MTN Ghana leading in digital inclusion and StarLife Assurance providing world-class risk management, this partnership serves as a blueprint for safeguarding the future of Ghanaian entrepreneurship and driving forward Ghana’s financial inclusion agenda.

Labels:

Comments

Post a Comment

Popular posts from this blog

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...
Post a Comment
Read more

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...
16 comments
Read more

Tender Committee recommends E&P for Damang Mine lease transfer

  A Tender Committee has recommended the grant of the mining lease for the Damang Gold Mine to Engineers and Planners Limited, following a competitive evaluation process conducted by the Minerals Commission. The recommendation comes after a tender process initiated under Regulation 258 of the Minerals and Mining (Licensing Regulations), 2012 (LI 2176), aimed at selecting a strategic investor to take over the mining lease and operations of the Damang mine. According to the report, four companies responded to the public tender announced in the media. Out of these, two firms were shortlisted by the Mineral Titles Department of the Minerals Commission and subsequently submitted to the Tender Committee for detailed assessment. After what was described as a comprehensive evaluation, Engineers and Planners Limited emerged as the highest evaluated bidder, leading to the Committee’s recommendation for the award of the lease. Gold Fields Ghana Limited, which has operated in the country since...
Post a Comment
Read more