Women Cannot Be Sideline In Ghana’s Economy- Trade Minister

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The Minister of Trade and Industries, Hon. Alan Kwadwo Kyeremateng has revealed that women have always been the spine that holds Ghana’s economy and cannot be sidelined.
According to him, regardless of the fact that women’s roles and participation in economic activity have been defined as socio-cultural lines, women continuously make huge strides in different endeavors that keep making significant contributions to the Ghana’s economy.
Alan Kyeremateng said, data has shown that women account for approximately 50% of the labor force and are found in almost all kinds of economic activities in agriculture, industry and services. Women are also known to be the main actors in Ghana’s micro, small, and medium enterprises (MSMEs) sector- a sector that is known to be anchor of which Ghana’s economy hangs.
He added that SMEs represent about 92% of businesses with the private sector and women contribute about 70% of Ghana’s gross domestic product (GDP).
Speaking as an invited guest at the launch of Women Entrepreneurs Rise (WeRise) Network which was hosted on April 25,22 at Kempinski Hotel in Accra, Hon Alan Kwadwo Kyeremateng said women are the spine in Ghana’s economy and can never be sidelined.
The Women Entrepreneurs Rise (WeRise) Network is a supportive network established under Ghana Women Entrepreneurship Summit (GWES) to unite the efforts of women in the MSME sector to tackle shared challenges and to provide a suitable environment for constructive peer interactions and knowledge sharing.
Hon. Alan Kwadwo Kyeremateng urged Ghanaian women to take risk in order to expand their businesses as he called on Bank of Ghana to provide collateral scheme or program that will enable Ghanaian women entrepreneurs to expand their businesses.

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