ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

GIZ support: Over 400 young entrepreneurs receive startup tools to build and grow their business

Mon, May 29 2023 11:39 PM
in Ghana General News
giz support over 400 young entrepreneurs receive startup tools to build and grow their business
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT

ReadAbout

WAFCON 2024: Black Queens have the quality to beat all teams – Bjorkegren

Accelerated student loan disbursement earns praise from Africa Education Watch

Airport Bypass Chaos: Commuters, residents decry deepening gridlock crisis

Load more UPLOADING 1 / 1 – A beneficiary receiving a certificate from Christian Jah, Head, PFS Program, GIZ.png ATTACHMENT DETAILS A beneficiary receiving a certificate from Christian Jah, Head, PFS Program, GIZ

The German Development Cooperation, GIZ, in partnership with the Ministry of Employment and Labour Relations has presented business startup tools to 420 young entrepreneurs from the Bono, Bono East, and Ahafo Regions at a ceremony in Sunyani.

The over one million Ghana cedis worth of tools include computerized sewing machines, motor spraying machines, dehydrators, and soap-making and cutting machines.

GIZ’s support to the Private and Financial Sectors (PFS) program aims to improve the employment situation in Micro, Small, and Medium-sized Enterprises (MSMEs) in the regions, including Ashanti and Greater Accra Regions.

GIZ support: Over 400 young entrepreneurs receive startup tools to build and grow their business
Some of the startup tools on display

120 beneficiaries out of 250 applicants participated in a business idea competition to provide an opportunity for the youth to unearth their entrepreneurial abilities and mindset and to inspire them to think business.

The remaining beneficiaries also benefited from the “Adwumaye” short-term skills training to build their capacity and grow their businesses.

They received training in areas including catering, fashion design, cosmetology, satellite installation, and bakery.

GIZ support: Over 400 young entrepreneurs receive startup tools to build and grow their business
Some beneficiaries at the event

According to Joshua Ahiaba, GIZ’s regional adviser to the PFS program, they realized the challenges young people face in getting access to finance to start their businesses, hence “the innovative financing initiatives to promote self-employment, job creation, and youth empowerment.” 

In his address, the head of the PFS Program at GIZ, Christian Jahn, noted that the program is building on the achievement of the Program for Sustainable Economic Development, which ended in December 2022, and the Ghanaian-European Centre for Jobs, Migration, and Development, to complement the efforts of the Ghanaian government to enhance conditions for employment and income in the private sector.

He said with the private sector contributing to about 80 percent of all employment in Ghana, “GIZ found it important to invest in building the capacity of young entrepreneurs to enable them to start businesses and expand to create jobs and employ more people”.

GIZ support: Over 400 young entrepreneurs receive startup tools to build and grow their business
Christian Jahn, Head of the PFS programme, GIZ

“Investing in yourself is the best investment you will ever make. It will not only improve your life, but it will also improve the lives of all those around you,” Mr. Jahn told the beneficiaries.

He, however, implored them to be persistent and resilient to succeed as entrepreneurs.

Minister for Employment and Labour Relations, Ignatius Baffour Awuah, who graced the ceremony, said trained officers of the labour department with GIZ will be monitoring the activities of the beneficiaries and provide him with monthly reports.

GIZ support: Over 400 young entrepreneurs receive startup tools to build and grow their business
Minister of Employment, Ignatius Baffour Awuah inspecting products made by some beneficiaries

“For those that would need further assistance in coaching and mentorship, we would continue to provide that until we see that they are matured and can be on their own when left alone”, he assured.

“If we want to solve this problem of unemployment on our hands, the best way to go is to deepen vocational training as a way of providing hands-on training for our people,” the Minister said.

Mr. Baffour Awuah noted that their partners, Germany, have successfully done it, and Ghana have to follow their steps to also be successful.

Salomey Dadzie, a beneficiary, expressed her gratitude to GIZ for the opportunity and assistance, adding that “the startup kits will enable us to produce more per day and help us employ others”.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policies of Homebase Television Ltd.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

WAFCON 2024: Black Queens have the quality to beat all teams – Bjorkegren

WAFCON 2024: Black Queens have the quality to beat all teams – Bjorkegren

0
T-bills auction: Government continues to miss target; investors seek high-yielding instruments

T-bills auction: Government continues to miss target; investors seek high-yielding instruments

0

Kumasi receives new boost to its culinary services as local eateries commit to boost economic growth

Gold prices to remain elevated; Ghana government to take greater policy risks – Fitch Solutions

Accelerated student loan disbursement earns praise from Africa Education Watch

WAFCON 2024: Senegal brush DR Congo aside in Rabat

Resetting fiscal credibility: Why bond markets are taking notice

WAFCON 2024: Nigeria begin title bid with routine win over Tunisia

Ghana to host the 64th ACI World Congress in June 2026

Buipewura Abdulai Jinapor II named the Development-oriented Chief of the Year Award

  • Ghana and Japan agree to pursue UN Security Council reforms

    Ghana and Japan agree to pursue UN Security Council reforms

    0 shares
    Share 0 Tweet 0
  • Rastafarian student Oheneba Nkrabea graduates from GIS after Achimota saga

    0 shares
    Share 0 Tweet 0
  • I resigned because of Prez. Mahama, NDC – former GBA President

    0 shares
    Share 0 Tweet 0
  • Perseus Mining Ghana announces leadership transition

    0 shares
    Share 0 Tweet 0
  • Western Region police arrest 44 suspects in major ‘galamsey’ raid

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.