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GEXIM supports SMEs through capacity building programme

The Ghana EXIM Bank (GEXIM), has announced a support package for Small and Medium Enterprises(SMEs) through its capacity programme.

This falls under the SME Growth and Opportunity programme launched by the Ministry of Finance which offers a comprehensive package of financial and technical support, including capacity-building sessions, to address the critical funding constraints faced by SMEs.

Speaking at the Ghana EXIM Bank Stakeholder Session with SMEs on Thursday September 26, at the Trade Fair House in Accra, Rosemary Beryl Archer, Deputy Chief Executive Officer of Ghana Exim Bank, said, the government’s 10 points industrialization agenda has SME development at heart.

She said, on Tuesday July 16, 2024, the President of the Republic, His Excellency Nana Addo Dankwa Akufo-Addo launched the SME Growth and Opportunities Programme in Accra.

According to her, it is a ground-breaking initiative which seeks to assist Ghanaian SMEs to scale up and build their capacity to make them sustainable and compete favourably in the international marketplace. The Bank is a strategic partner.

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She further noted that “Today, we want to share with you our plan for Micro and SMEs on our special initiative under the SME GO Programme to strategically position your businesses and take you to the next level. We want to share ideas and identify ways of supporting your businesses to grow. We are here for you, so please feel free to engage with us.”

She added that they want to develop them to grow into the international market, adding that if they contribute 70 percent of the GDP, then there is the need for them to be supported.

According to her, the mandate of the Bank is to support and develop trade between Ghana and other countries, overseas investments by Ghanaian Companies and eliminate critical market failures in the Ghanaian economy thereby making Ghana competitive in the global marketplace.

The deputy CEO of GEXIM Bank noted that financing from the Ghana EXIM Bank aims at key benchmarks derived from development instead of commercial objectives. These are employment creation, value addition through production, efficiency and foreign exchange revenue potential.

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The Head of SME Banking at GEXIM, Bright Darko said as part of the programme some funds have been set aside under Capacity Building for some micro and small businesses who will need grants to support their operations.

He said it was why they met those businesses to try and explain to them what the programme was all about as well as how they could apply in line with the requirements.

He said as a department, they have seen access to finance as the main challenge of the SMEs because the commercial banks shy away from them.

Against this backdrop, Mr.Darko said, this facility has specially been put together to assist SMEs struggling to get funding from the commercial banks, adding that they are critical to the economy.

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Additionally, he said, they would put in place monitoring systems to ensure that the grants are put to good use.

He also announced that the bank is on course of setting up a processing facility by June, 2025

After the meeting an application form was made available for them to start applying.

The application will run from now till the end of October, and within a period of 30 days of application, one is expected to get the fund.

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The participants expressed appreciation to the government and the bank for coming to their aid to enhance their capacity.

They promised to put the support to good use,

By Edem Mensah-Tsotorme

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Involve men in breast cancer conversations …Breast cancer advocate

Raisa

Raisa

 A Journalist and breast cancer advocate, Ms Raissa Sambou, has called for the inclusion of men in breast cancer conversations.

She said men play a crucial role in breast cancer conversations, not only because they can be affected by the disease themselves but also because they can help their partners detect early signs.

The inclusion of men in the conversation has dominated discussion on the disease during an ongoing door-to-door campaign to raise awareness on breast cancer in rural communities, focusing on both men and women who often lack access to healthcare information and treatment.

Ms Sambou, a breast cancer survivor, told The Spectator that her campaign aims to educate people in an underserved areas on early detection and prevention.

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Ms Sambou interacting with some  fishermen in Tomefa
Ms Sambou interacting with some fishermen in Tomefa

According to Ms Sambou, by encouraging and reminding women to perform regular self-breast examinations, men can support early detection, which is key to successful treatment.

“Unfortunately, there have been instances where men have distanced themselves from their wives or engaged in infidelity following breast cancer treatments, particularly when it involves the loss of a breast.

“Through education, these situations can be minimised, as men learn to be more empathetic and supportive, understanding the physical and emotional toll the disease takes on their partners,” she explained.

Educating men on these issues fosters stronger familial bonds and helps reduce stigma and misconceptions surrounding breast cancer.

“Men should not be excluded from breast cancer conversations because they can also be affected by the disease,” she said.

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Additionally, she noted that when a woman is diagnosed with breast cancer, the entire family is impacted, hence the need for men to be educated on how they can provide emotional and practical support during such difficult times.

Through her initiative, dubbed ‘The Raissa Child Protection Initiative,’ the award winning journalist advocates for the wellbeing of children by empowering their parents to take better care of them.

“If parents are not healthy, they cannot care for their children,” she noted, stressing the importance of health in child protection efforts.

She revealed that the campaign, which began in Tomefa, a fishing community in the Ga South Municipality, also seeks to dispel the misconceptions surrounding breast cancer in rural areas, where fear and stigma often prevent early treatment.

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Ms Sambou states that the initiative was to expand to parts of the Eastern and Central regions, with the goal of improving awareness and saving lives in areas where access to healthcare is limited.

She also underscored the importance of adopting a preventive approach to managing chronic health issues, especially given the limited resources at many healthcare facilities in Ghana.

She also expressed concern that rural residents often have to travel long distances across regions to access basic medical services like mammograms and CT scans.

This, Ms Sambou noted, contributes to the high number of undiagnosed cancers and late-stage diagnoses, which severely impact treatment outcomes.

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She further lamented that even in cases of early detection, the lack of adequate cancer treatment equipment in the country often hampers patient survival.

At the Korle Bu Teaching Hospital, the nation’s largest referral centre, she explained that only two radiotherapy machines serve hundreds of patients, forcing many to wait for months before receiving treatment.

“My campaign is not only focused on awareness but also on advocacy for improved healthcare infrastructure, especially in rural communities, to ensure that early detection leads to timely and effective treatment,” she added.

By Jemima Esinam Kuatsinu

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Women urged to pursue dreams with determination at ‘She Triumph Conference 2024’

• Participants at the conference. (Inset) Ms Ibrahim.

Ms Ibrahim.

 Young women have been urged to pursue their dreams with determina­tion and self-awareness at the second edition of ‘She Tri­umph Conference 2024’.

The conference which was held in Accra last Saturday on the theme: “Resilience and determination of wom­anhood,” featured keynote speakers from various fields, including business, arts and science.

Participants at the conference.

Participants at the conference.

The speakers urged the over 650 young women present at the conference to showcase their unique talents while ad­vocating for women’s empow­erment.

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The Marketing Manager of Electroland Ghana Limited, Hajia Adiza Ibrahim, urged young women not to feel pres­sured by societal expectations but instead focus on self-dis­covery.

“Identify who you are and what you possess; it’s not a competition, but you want to be recognised for your individ­uality,” she said.

Drawing from her person­al journey, she highlighted the importance of building a personal brand ground­ed in authenticity and hard work, saying, “I have built my reputation with truth and passion.”

The Chief Executive Offi­cer(CEO) of Kuburah Diamonds Foundation acknowledged the challenges women face in to­day’s fast-paced, competitive world, urging attendees to cultivate their own identities and strive for ex­cellence.

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Ms Ibrahim, popularly known as ‘Kuburah Diamond’, stressed the need to prove oneself in various spheres, whether in academia or pro­fessional environments, urging them to exceed expectations when given the opportunity.

According to the founder of ‘She Triumph Conference’, Mrs Deborah Borketey-Tackie, the event was to train young women to gain skills to enable them become entrepreneurs and create employment op­portunities for the youth.

These skills, she said included photography, beading, wig making, makeup artistry, balloon decoration and baking among others.

She indicated that 18 students who were trained in these skills had graduated and awarded at the conference.

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Mrs Borketey-Tackie said the first and second run­ner-ups received GH¢10,000 and GH¢5,000 respectively from Omanye Royals Kingdom based in Canada.

By Cecilia Lagba Yada

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