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28.05.2020 Business & Finance

Funding For Ghanaian Women-Owned Businesses Launched

Funding For Ghanaian Women-Owned Businesses Launched
LISTEN MAY 28, 2020

The Women’s Empowerment and Investment Group (WEIG) in collaboration with Annan Capital Partners (ACP) and GUBA, have a team to offer seed investment to women-owned and Ghana-based Small and Medium businesses. This seed investment is part of an initiative to uplift SMBs currently affected by the Coronavirus pandemic. Applications for this initiative commences from the 1st of June 2020.

The Women’s Empowerment & Investment Group (WEIG) is a women-led and majority-owned Ghanaian Investment Holding Company set up to efficiently channel capital and expertise into high-potential Small & Medium Scale Enterprises (SMEs) that prioritize female empowerment & entrepreneurship. WEIG does this by making permanent capital investments in women-focused greenfield and brownfield businesses/business opportunities in Africa’s “KINGS” economies namely Kenya, Ivory Coast, Nigeria, Ghana, and Senegal of which Ghana is its launch and primary focus country.

Commenting on the strategic agenda for the initiative, co-founder and CEO of WEIG Adeline Akufo-Addo Kufuor said: "Through our local and international value-adding networks we aim to assist women to create long term wealth for themselves”

Managing Partner of Annan Capital Partners (ACP)- Robert Annan, shares her enthusiasm for the initiative adding: "We are excited to support Female-led SMEs in Ghana with investment and infrastructure to support their long term growth and development."

Annan Capital Partners (ACP) is a specialized boutique investment and advisory company active in industries such as energy, health, education, real estate, agribusiness, technology, and more. They work to provide businesses with professional and insightful investment strategies that preserve their capital and diversify their investment in sectors which will give an appreciable return on their investments. This funding initiative is one that falls in line with their objectives and incredibly is significant given the current pandemic and its effect on small businesses.

Dentaa Amoateng MBE, President of the GUBA Enterprise stressed on the importance of this initiative “Coronavirus has greatly affected a number of business especially, small and medium businesses. This initiative is not only timely but incredibly necessary to help women businesses get back on track. GUBA Enterprise through the GUBA Expo works to provide a platform for the elevation of small and medium enterprises therefore, we are glad to be in partnership with this project. We encourage all suitable businesses to apply”- she added.

The seed investment available under this initiative ranges from 15,000 to 30,000 Ghana Cedis. Businesses that meet the eligibility criteria are encouraged to apply via https://www.surveymonkey.com/r/Q99B669 from the 1st of June till the 1st of August 2020. This initiative is one of the many ways to help boost women businesses and the Ghanaian economy as a whole.

About GUBA Enterprise

GUBA Enterprise is a social enterprise organisation dedicated to the advancement of diaspora Africans and Africans back home through various socio-economic programs and initiatives. The organisation currently has various brand activities namely GUBA Awards, GUBA Foundation, GUBA Expo, GUBA Careers, GUBA Diaspora Card, GUBA Tours and GUBA Talks. Our goal is to provide an engaging network for promoting greater cultural diversity globally, as well as raising the profile of the African continent. GUBA Enterprise supports and engages the African diaspora, and aids in attracting investments into the African continent.

Contact: Claudia Andrews

Email: [email protected] Website: www.gubaenterprise.co.uk

About The Women’s Empowerment and Investment Group

The Women’s Empowerment & Investment Group (WEIG) is a women-led Ghanaian Investment Holding Company set up to efficiently channel capital into high-potential Small & Medium Scale Enterprises (SMEs) that prioritize female empowerment & entrepreneurship.

WEIG typically seeks majority or significant minority positions in the businesses it invests in and thus plays an active role in the management of these businesses by integrating them into the WEIG organization and providing world-class business development, management, and back of- house support.

About Annan Capital Partners

Annan Capital Partners is a specialized boutique investment and advisory company active in industries like energy, health, education, real estate, agribusiness, technology, etc.

With close attention, we offer family office services that are of interest to our clients and can be tailored for their desired purpose. We provide our clients with professional and insightful investment strategies that will not only preserve their capital, but diversify their investment in sectors which will give an appreciable return on their investments.

https://annancapitalpartners.com/

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