{"id":65458,"date":"2024-01-26T19:08:06","date_gmt":"2024-01-26T19:08:06","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=65458"},"modified":"2024-01-26T18:56:49","modified_gmt":"2024-01-26T18:56:49","slug":"government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency","title":{"rendered":"Government disburses about GH\u20b5700m in MSME funding \u2013 Ghana Enterprises Agency"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Chief Executive Officer of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed that about 700 million Ghana Cedis have been spent on funding support for Micro, Small, and Medium Enterprises (MSMEs) following the onslaught of the COVID-19 pandemic.<\/b><\/p>\n

Speaking in an interview Mrs. Yankey-Ayeh stressed that such an investment is unprecedented in the history of the Agency.<\/p>\n

\u201cThere is a process, and we put a lot of thought into what we do. There is a science to the programme so it is not as easy as people think it is.<\/p>\n

\u201cAbout GH\u20b5700 million has been disbursed so far, and in the history of this [Agency], no such amount has been spent on SMEs,\u201d said Kosi Yankey-Ayeh.<\/p>\n

Mrs. Yankey-Ayeh further disclosed that under the Coronavirus Alleviation Programme Business Support Programme (CAP BuSS), about 300,000 medium-sized enterprises received both financial and technical assistance from the GEA.<\/p>\n

\u201cThe CAP BuSS support with over 300,000 businesses with men, women, formal and informal businesses across the length and breadth of this nation received financial support and about 15,000 of them at that time also received technical assistance.<\/p>\n

\u201cThis was to try and figure out how best we can help them manage the affairs of their businesses and to strengthen them going forward,\u201d she added.<\/p>\n

The Agency in anticipation of the negative impact of the COVID-19 pandemic, went into partnership with the MasterCard Foundation to offer support to businesses in the country under the \u201cNkorsor\u201d programme to ensure how businesses progress.<\/p>\n

According to the Chief Executive, the programme supported about 20,000 businesses across the country.<\/p>\n

\u201c…and so looking at Nkorsor, we came in to support about 20,000+ businesses with access to funding across the length and breadth of this nation, making sure that we were supporting those who could not benefit from the first phase of the funding as well,\u201d Kosi Yankey-Ayeh stated.<\/p>\n

The Ghana Enterprises Agency (formerly known as the National Board for Small-Scale Industries) is the apex governmental body dedicated to the promotion and development of Micro, Small, and Medium Enterprises (MSMEs) in Ghana.<\/p>\n

GEA is mandated to coordinate, implement, and monitor the activities of the MSMEs Sector in Ghana.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Chief Executive Officer of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed that about 700 million Ghana Cedis have been spent on funding support for Micro, Small, and Medium Enterprises (MSMEs) following the onslaught of the COVID-19 pandemic. Speaking in an interview Mrs. Yankey-Ayeh stressed that such an investment is unprecedented […]<\/p>\n","protected":false},"author":84,"featured_media":65457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[5092,5096,429],"class_list":["post-65458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nGovernment disburses about GH\u20b5700m in MSME funding \u2013 Ghana Enterprises Agency - Ghana<\/title>\n<meta name=\"description\" content=\"Chief Executive Officer of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed that about 700 million ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh\u20b5700m-in-msme-funding-ghana-enterprises-agency\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government disburses about GH\u20b5700m in MSME funding \u2013 Ghana Enterprises Agency\" \/>\n<meta property=\"og:description\" content=\"Chief Executive Officer of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed that about 700 million ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh\u20b5700m-in-msme-funding-ghana-enterprises-agency\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-26T19:08:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/01\/sm_1706282294.226946.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government disburses about GH\u20b5700m in MSME funding \u2013 Ghana Enterprises Agency\",\"datePublished\":\"2024-01-26T19:08:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency\"},\"wordCount\":374,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/01\/sm_1706282294.226946.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/government-disburses-about-gh%e2%82%b5700m-in-msme-funding-ghana-enterprises-agency\",\"name\":\"Government disburses about GH\u20b5700m in MSME funding \u2013 Ghana Enterprises Agency - 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