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April 29, 2026
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WIB dialogue: stakeholders urge shift to results-driven support for women in business
Money
Policy
Opportunity
Growth
Key Points
- Stakeholders in Ghana's business and financial sectors are advocating for targeted support for women-led enterprises to overcome structural growth barriers.
- The call was made at the Women in Business Dialogue Series in Kumasi, highlighting persistent issues like limited access to finance and widespread informality.
- Key challenges identified include lack of collateral, weak financial records, limited market access, low financial literacy, and insufficient asset ownership among women.
- Participants proposed practical interventions such as tax incentives, faster funding access, and stronger financial education programs.
- The initiative aims to close an estimated $5 billion financing gap for SMEs, a significant portion of which are women-led, to drive inclusive economic growth.
Why This Matters
This article highlights a critical issue for Ghana's economic development: the systemic barriers faced by women-led businesses. Addressing these challenges is crucial for unlocking the full potential of a significant portion of the workforce, contributing to inclusive economic growth, and closing a substantial financing gap, ultimately fostering a more equitable and robust economy.
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