ADI proposes swift implementation of E-Cash rewards

The Alliance for Development and Industrialization (ADI) has proposed the Social Equity Trust Fund (SETFund), aiming to empower communities, foster industrial growth, and enhance financial inclusion in Ghana.

The initiative pools resources from individuals and organizations into a community-owned equity trust, offering contributors a 15% annual return and access to loans using their equity as collateral.

SETFund focuses on investments in critical sectors such as agriculture, manufacturing, and micro-industries, which will help create jobs and reduce import dependency.

It will be governed by a trust with representatives from various stakeholder groups, while the government acts as a regulator. ADI calls for swift implementation and public awareness to ensure transparency and broad adoption.