Sat, 24 Aug 2024 Feature Article

AfED Report: NPP’s Manifesto Scores a ''Basic'' 68% – Adequate Funding but Lacks Comprehensive Strategy

The Africa Entrepreneurship Dialogue (AfED) is a dynamic policy think tank composed of young experts from various sectors. Since its inception, AfED has been committed to advocating for positive changes that enhance the entrepreneurial ecosystem in Africa. In 2018, AfED made significant strides with the launch of the Ghana Startup Act Advocacy, a movement that has since influenced policy discussions across the nation.

As Ghana approaches a pivotal election period, the Ghana Startup Manifesto Index (GSMI) has emerged as a critical tool for assessing the commitment of political leaders to fostering a robust entrepreneurial ecosystem. Developed by AfED and led by Justice Offei Jr, the GSMI provides a comprehensive, data-driven evaluation of political manifestos, focusing on their potential to drive sustainable job creation and economic growth.

The Africa Entrepreneurship Dialogue (AfED) has released its latest evaluation of the NPP’s manifesto through the Ghana Startup Manifesto Index (GSMI), revealing that the policies proposed score a ‘Basic’ 68%. The GSMI, a tool designed to assess political manifestos based on their support for the startup ecosystem, underscores the need for more robust and detailed strategies to foster entrepreneurship in Ghana.

The evaluation highlights that while the NPP’s manifesto touches on critical areas like funding and infrastructure, the lack of detailed implementation plans and comprehensive strategies hinders its potential impact. The manifesto’s legal framework received a score of 63%, indicating gaps in clarity and regulatory support essential for startup growth.

AfED emphasizes the importance of transforming these basic policies into actionable plans that can effectively drive economic growth and job creation. The report calls on political leaders to refine their proposals, ensuring that they not only set goals but also outline clear, feasible steps to achieve them.

Here is the Highlight of the entire report https://drive.google.com/file/d/1dQc8GNNpEwSMiKimn67UP6L_HH_OrCEG/view?usp=sharing

You can request for the full report via [email protected]

Entrepreneur I Policy & Research Analyst I Petroleum Engineer. More Justice Offei Jr is a an award winning and Tony Elumelu Entrepreneur. He is an analyst in the area of Petroleum, Finance, Entrepreneurship and Energy. His research-based publications focuses more on how Africa can rethink a new pathway of economic development within the scope of entrepreneurship, finance and petroleum.

He has a BSc in Petroleum Engineering from the Kwame Nkrumah University of Science and Technology, Kumasi, Ghana and currently pursuing a blended Masters pathway at MIT in Economics. He also has other certified qualification in Investment , entrepreneurship, credit risk management , advocacy among many others.

He is a Referral Partner for Epsilon Acquisition Service, LLC based in Washington DC. Voluntarily serve as the communication Director for the Ghana Chamber of Young Entrepreneurs (GCYE). He is a mentor and representative for FasterCapital, a Dubai-based venture incubator. Justice founded Sikadan Microcredit services which innovated the fintech named SIKADAN Homes.

His selfless passion for the Ghanaian entrepreneurial ecosystem drove him to initiate the Ghana Startup Act advocacy in 2018 which has then become the leading agenda for most stakeholders in Ghana

In 2019, he was appointed as the team leader to set up the Global Entrepreneurship Monitor (GEM) Ghana.Column: Justice Offei Jr.

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