GEA Launched the WeRise Network at the 3rd Biennal GWES Summit 2022

The third Biennial Ghana Women Entrepreneurship Summit (GWES2022) has been opened with the launch of the revolutionary Women Entrepreneurs Rise (WERise) Network to help and have a good time achievements of the Women Entrepreneurs in Ghana.

WERise will additionally unite the efforts of girls within the Ghanaian MSME sector to deal with shared challenges and supply an appropriate setting for constructive peer interactions and knowledge-sharing.

In a speech learn on his behalf at GWES2022 by the Minister of Communications and Digitalisation, Ursula Owusu-Ekuful, President Nana Akufo-Addo mentioned selling the financial welfare of girls enhances the integrity and dignity of all humanity.

“In most parts of the world, the understanding has emerged that genuine and determined efforts to make women equal participants in economic and political life is ongoing…and the government of Ghana, of which I am its Chief Servant, is committed to the full realization of this goal through the implementation of deliberate policies that empower women – particularly women entrepreneurs,” the president acknowledged.

Arguing that the empowerment of women-owned companies has ceased to be a tutorial debate, the president mentioned girls entrepreneurs, through the years, have been “the cornerstone of our great nation’s development, and are strategic partners in our quest to deliver socio-economic development to the good people of Ghana”.

Touching on the summit’s theme, ‘Breaking Barriers, Accelerating Women-Owned Businesses’, the president mentioned it displays the trending subjects of gender equality and getting extra girls into management roles, in addition to the strategic roles girls entrepreneurs play to make sure the nation’s financial restoration from debilitating results of the COVID-19 pandemic.

Citing knowledge from the Ghana Statistical Service (GSS), the president mentioned girls companies account for 44.6 % of all registered companies – making Ghana number-one for women-led companies in Africa.

In 2020, the Ghana Enterprises Agency supervised the disbursement of GH¢302,001 to MSMEs below the government-initiated Coronavirus Alleviation Programme and Business Support Scheme (CAPBuSS), as a part of the broader measures to fight results of the COVID-19 pandemic.

Also, in partnership with the Mastercard Foundation, the company disbursed a complete of GH¢78million in partnership with the Mastercard Foundation COVID-19 Recovery and Resilience Programme for MSMEs – 65 % was disbursed to women-owned or women-led MSMEs.

Building on successes of the previous

The Chief Executive Officer (CEO) of the GEA, Mrs. Kosi Yankey-Ayeh, mentioned the WERise programme is predicted to construct on all successes of the previous and supply a car to sustainably help girls entrepreneurs past the discussions to actions – for the ladies by the ladies.

“As a result, there is increased feminisation of poverty, pervasive gender disparities in wealth and income from work – which includes both paid employment and self-employment, and women entrepreneurship. Major areas of gender inequalities in the economy include women’s predominance in the informal economy. Some 70 percent of women workers are employed or self-employed in informal jobs; which are insecure, unprotected and poorly paid. It is time to act.  It is time we RISE,” she mentioned.

She mentioned the theme of the summit, ‘Breaking the Barrier, Accelerating the Growth of Women-Owned Businesses’, resonates nicely as a result of girls all around the world, together with Ghana, face quite a few challenges; however coming collectively will enable them to debate revolutionary methods, and speed up their development by forging relationships and networks to interrupt these boundaries.

Source: Ghana News Update

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