WE4A project empowers 40 women entrepreneurs in Ghana
The WE4A project is a two-year endeavour aimed at fostering economic growth and promoting gender equality in entrepreneurship
John Duti, team leader of the Employment for Skills and Development in Africa (E4D) at GIZ Ghana, has announced the success of the Women Entrepreneurship for Africa (WE4A) project in Accra.
The project, an initiative of the German Federal Ministry for Economic Cooperation and Development, co-funded by the European Union and the Organisation of African, Caribbean, and Pacific States, empowered 40 women entrepreneurs in Ghana.
Their accomplishments were celebrated at a closeout event under the theme, “Capitalizing on the full potential of women entrepreneurs for employment creation.”
“The German government pledged 400,000 euros in support, to facilitate the expansion, create sustainable employment opportunities and promote collaboration between the private and public sectors through these women-led small and medium-sized enterprises,” John Duti stated.
The WE4A project was a two-year endeavour aimed at fostering economic growth and promoting gender equality in entrepreneurship. It provided comprehensive training in capacity building, bookkeeping, and investor readiness, among other critical skills.
Through this initiative, the 40 women-owned businesses collectively secured 217 jobs and created 103 new job opportunities in Ghana.
In addition to the training, 10 small and medium-sized enterprises (SMEs) received equipment grants of €50,000 to further support their businesses.
The event not only celebrated the achievements of these women entrepreneurs but also served as a platform for them to share their experiences, including their journeys, opportunities, challenges, and valuable lessons acquired during the program. It showcased their progress, achievements, and contributions to their respective industries.
On her part, team Leader of the micro, small, and medium Enterprises (MSME) Division at the Ministry of Trade and Industry (MoTI) Stella Ansah commended the outstanding accomplishments of the 40 women entrepreneurs, who marked a significant milestone in the Women Entrepreneurship for Africa project.
” We have policies that bring out the importance of gender-focused MSMEs in driving economic growth”, she added.
Gerald Guskowski, cluster coordinator at GIZ Ghana said the success of this project is a significant step toward addressing the barriers that women entrepreneurs face, making it a pivotal moment in advancing gender equality and economic growth in Ghana.
Reporting by Caleb Ahinakwah in Accra
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