Ghana Enterprises Agency has announced partnership with two qualified concept shops to facilitate access to market for MSMEs.The Ghana Enterprises Agency reached the deal with Lokko House and Jowato Company Limited under its GEA/Mastercard Foundation Business In A Box (BizBox) Project.This initiative aims to promote Micro, Small and Medium Enterprises (MSMEs) in Ghana by providing market access for inclusive and sustainable development.Following a rigorous selection process, Lokko House and Jowato Company Limited were chosen to provide retail spaces for Ghana made products under the BizBox Project's Concept Shop Model.This Model is designed to provide MSMEs, particularly those run by young women and Persons with Disabilities (PWDs), with dedicated retail spaces to showcase their high quality and innovative products.The expected benefits are increased Sales and Revenue. By offering dedicated retail space, the Concept Shop Model is expected to significantly boost sales revenue for participating MSMEs.The partnership will also increase the visibility of Ghana made products, attracting both local and international investment, stimulate economic development through the influx of investment to support individual business growth and contribute to broader economic development, fostering a dynamic market environment.The collaboration is expected to generate employment opportunities for Ghanaians, creating sustainable livelihoods and providing participating MSMEs with sustainable access to market opportunities, driving increased sales and investment.Overall, the BizBox Project's partnership with Lokko House and Jowato Company Limited is a significant step in empowering Ghanaian MSMEs, particularly those run by young women and PWDs.This Initiative will contribute to creating dignified jobs, drive sustainable economic growth, and showcase the potential and quality of Ghana made products.The Business In A Box (BizBox) Project is a partnership between the Mastercard Foundation and Ghana Enterprises Agency (GE A).The goal of the 4-year Project is to create dignified and fulfilling jobs for 250,000 young people in Ghana, with 70% being women and 10% Persons with Disabilities (PWDs) by 2027.The synergy of this partnership lies within the Agency's mandate as the apex body to promote and develop Micro, Small, and Medium Enterprises (MSMEs) in Ghana and the Foundation's vision for Ghana; to enable 3 million young women and men access dignified and fulfilling work by 2030.Source: Ghana News Agency
Related Articles
South Africa Seeks Collaboration with Nigeria on Lithium for Electric Vehicle Batteries.
Cape Town: President Cyril Ramaphosa has expressed South Africa’s interest in collaborating with Nigeria to harness lithium for driving the green energy transition and supporting the development of electric vehicle (EV) batteries. He conveyed this during the Nigeria-South Africa Business Roundtable held in Cape Town, South Africa. According to News Agency of Nigeria, Ramaphosa proposed […]
Media advised not to use their platforms to disseminate fake news
Mr. Abraham Segenye, Project officer of Action for Sustainable Development (ASUDEV), a non-government organisationn NGO, has appealed to politicians to desist from vote buying to ensure the electorate voted with clear conscience. He said it was important for political parties to campaign on their manifestos and issues based other than using money and other material […]
Qualification to 2025 AFCON still in our hands – Ghana coach Otto Addo
Black Stars Head Coach, remains optimistic about Ghana’s qualification to the 2025 Africa Cup of Nations (AFCON), noting that it was still in their hands. Ghana’s Black Stars were held to a goalless draw by Sudan’s Falcons at the Accra Sports Stadium on Thursday, denying them the chance to finish second in Group F. With […]