Government Support For Women-Owned Businesses Is Unprecedented- GEA CEO

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The Chief Executive Officer (CEO) of Ghana Enterprise Agency (GEA), Madam Kosi Yankey-Ayeh has revealed that government support for MSME sector, particularly the women-owned businesses and their economic empowerment is unprecedented.

According to her, government during the launch of Ghana Enterprise Agency (GEA) last year promised the business community that, it was just the beginning of good things to come and that the transformation of the NBSSI heralded a golden era for MSME Development in Ghana, an era for what government refers to as the Emancipation of Entrepreneurship in Ghana with a focus on accelerating the growth of women owned MSMEs.
Madam Kosi Yankey-Ayeh said, government has kept its promise and dedicated the 2022 budget to “building an entrepreneurial nation” with a focus on youth, particularly young women, by initiating the YouStart Program.

She lauded the government for delivering its promise to women entrepreneurs in ghana.
Madam Yankey added that for the time in the history of GEA, there has been so much energy and effort by various women groups to create new economic, social, institutional, and cultural environments, with the support of Government and their partners.

She stated that, GEA has been able to support MSMEs, particularly women-owned/MSMEs to achieved economic independence.

“Ghanaian women are an important force in the economy. The percentage of Ghanaian women who are economically active is almost equal with that of men”, she revealed.

Madam Kosi Yankey-Ayeh thanked the government for its support for entrepreneurs as she called on government to continue to support the GEA and women-owned businesses and their economic empowerment in the country.

She made this statement during the launch of Women Entrepreneurs Rise (WeRise) Network at Kempinski Hotel, Accra-Ghana.

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