SME Training Project launches with Special Focus on Women-Led Businesses

An innovative project has been launched by Bank of Africa (BOA)-Ghana in a collaboration with International Finance Corporation (IFC) to provide training about 1000 Small and Medium-sized Enterprises (SMEs) in and across Ghana. This project has a special focus towards businesses that are led by women.

A member of the World Bank Group, IFC keep its focus on the private sector in emerging markets. It is the largest global development institution that offers investment, advisory, and asset-management services, intending to encourage development in the private-sector in less developed countries. The alliance between one of the foremost SME banking service providers of Ghana, ‘BOA’ and IFC is the first of its kind in the country that has an aim on the economic empowerment of targeted groups.

While speaking at the inaugural training seminar, Abderrahmane Belbachir, BOA-Ghana’s Managing Director indicates towards this particular training programme just being the beginning of comprehensive strategy of the bank in order to assist SMEs in the country,

He stated, “We recognise that access to capital is crucial, but true empowerment goes beyond financial resources. That is why we have designed this programme to equip you with the essential skills and knowledge to propel your businesses forward.”

Adding to the statement, he said, “This training is a great avenue to open doors to more opportunities with the Bank of Africa. We are prepared to support your growth with access to more loans, facilitation of your transfer requests, and other tailored financial solutions.”