As part of an initiative to help women-led businesses in Ghana, Ecobank Ghana, in collaboration with the Women’s Empowerment and Investment Group (WEIG), Annan Capital Partners, GUBA and Ozé, disbursed GH 150,000 as a COVID-19 Stimulus package to 10 beneficiaries.
The collaboration is part of the bank’s contribution to the development of companies owned and led by women and the overall empowerment of women across Africa.
Speaking at a virtual conference, Dr Edward Botchway, Executive Director of Finance and Executive Head of Consumer Banking at Ecobank Ghana, said, “We at Ecobank are committed to updating women’s empowerment across Africa, as a pan-African bank, in line with the gender balance concept of the African Union.”
“This, in part, underpins our partnership with organizations such as the Ghanaian Investment Holding Company’s Women’s Empowerment and Investment Division, founded to efficiently channel capital into high-potential SMEs that prioritize women’s empowerment and entrepreneurship. Consequently, this disbursement ceremony is part of our continuing commitment to the growth of women-owned and women-led companies across the nation and the continent as a whole,” he added.
Funding
Ms Roberta Annan, Annan Capital Partners’ Managing Partner, said at the launch: “Many women have viable businesses but need funding to grow, so we hope that this disbursement will be the first of many such initiatives in our support for women-led businesses.”
Read Also: Supreme Court discharges Dominic Ayine of contempt charge
Ms Adeline Akufo-Addo Kufour, CEO of the Women’s Empowerment and Investment Group (WEIG), said: “We are very excited and delighted that, in very difficult times, we are able to contribute to the growth and survival of these 10 women-led companies.” We have also set up a series of business growth seminars as part of the funding to assist them in their business operations.
SOURCE: ATLFMNEWSROOM
