Mobilising Local Capital Key to Growth of Indigenous Businesses — B&FT CEO

The Chief Executive Officer of the Business & Financial Times (B&FT), Dr. Godwin Acquaye, has emphasised the importance of mobilising more domestic capital to support indigenous businesses in Ghana. He believes this will expand investment opportunities for Ghanaian entrepreneurs and drive sustainable economic growth. This call was made in line with the B&FT's efforts to promote local businesses and entrepreneurship.

Dr. Acquaye's comments come as part of the B&FT's mission to support the growth of indigenous businesses. The B&FT is a leading provider of business and financial news in Ghana, and its CEO is committed to promoting the development of local enterprises. By mobilising domestic capital, Dr. Acquaye believes that Ghanaian businesses can access the funding they need to expand and compete in the global market.

The Ghanaian economy has shown resilience in recent times, with various sectors contributing to its growth. However, access to capital remains a major challenge for many local businesses. According to Dr. Acquaye, mobilising domestic capital can help address this challenge and provide Ghanaian entrepreneurs with the resources they need to succeed. This, in turn, can lead to increased economic activity and job creation.

The Business & Financial Times has been at the forefront of promoting business and financial literacy in Ghana. Through its publications and events, the B&FT provides valuable insights and information to entrepreneurs, investors, and policymakers. Dr. Acquaye's comments are part of a broader effort to promote sustainable economic growth and development in Ghana.

Ghana has made significant progress in recent years in terms of economic development. However, the country still faces challenges in terms of access to capital and investment opportunities. By mobilising domestic capital, Dr. Acquaye believes that Ghana can unlock its full economic potential and create a more prosperous future for its citizens.

The B&FT's efforts to promote local businesses and entrepreneurship are part of a broader strategy to support economic development in Ghana. The company has been working with various stakeholders, including government agencies, private sector organisations, and civil society groups, to promote sustainable economic growth and development.

Dr. Acquaye's call to mobilise domestic capital for indigenous businesses is a timely one. With the right support and resources, Ghanaian entrepreneurs can drive economic growth and create jobs. The B&FT will continue to play a leading role in promoting business and financial literacy in Ghana and supporting the growth of local enterprises.

Key points

• Mobilising domestic capital is critical to supporting indigenous businesses and driving sustainable economic growth in Ghana.