Kofi Ahovi

The Bank of Ghana (BoG) has partnered with two institutions to create opportunities for international trade and financial cooperation for micro, small and medium enterprises (MSMEs) in the country. The central bank signed a memorandum of understanding (MOU) with its Singaporean counterpart, the Monetary Authority of Singapore (MAS) and the Development Bank Ghana (DBG) last week to develop the Ghana Integrated Financial Ecosystem (GIFE). A joint statement from the three partners said the agreement aimed to enhance financial capabilities and access for MSMEs in the country. It said it would help them to generate greater opportunities for trade and financial services cooperation between Singapore and Ghana. “Over time, it is envisaged that the integrated financial ecosystem model can serve the Asia-Africa SME trade corridor more broadly,” the statement said. Digital infrastructure The statement explained that GIFE would offer an open digital infrastructure for MSMEs in Ghana and Singapore...

Access Bank, Ghana will hold an SME capacity building forum as part of its efforts to support the growth of SMEs in the country. The Takoradi edition to be held at the Akroma Plaza in Takoradi on Wednesday, 8th December, 2021, is on the theme “Boosting Digital Skills for Emerging Opportunities”. It is the third in the series of clinics organized by the Bank in partnership with OpenLabs Technology Centres. The Accra and Kumasi editions saw over 4,000 SMEs receiving financial support and a boost in their knowledge on technological trends, helping to promote their business growth. To strengthen SMEs and ensure enhanced levels of access to credit facilities and other allied support, Access Bank says it continuously engages SMEs through capacity building sessions, aimed at driving the essence of digitalization for SMEs growth in the country. Read also: Vivo Energy Ghana appoints Kader Maiga as MD MD of Access Bank,  Olumide Olatunji, assured participants of an insightful time of learnin...