Ecobank reaffirms commitment to empowering women in business

Mrs. Amanquah emphasized that women in business are the majority in Ghana. Supporting them will benefit many stakeholders across the country.

She highlighted Ecobank’s Enhanced Expanded Elevate Programme. This program offers tailored support for women at all business stages. It assists those starting new businesses, managing SMEs, and mentoring emerging entrepreneurs.

Ecobank aims to support women both financially and non-financially. The Enhanced Expanded Elevate Programme was launched recently to reach women at various development stages. This includes unregistered individuals and those running SMEs.

For startups, Ecobank provides guidance on business structuring and compliance. They also assist with taxation, bookkeeping, and succession planning. Women entrepreneurs can access preferential financing at low interest rates as they grow.

Mrs. Amanquah explained that new business owners need comprehensive support. This helps them understand regulations, tax compliance, and proper bookkeeping. It also prepares them for future challenges when founders are absent.

At the mid-size level, Ecobank supports growth with favorable financing rates. The Elevate Programme offers collateral-free lending across various sectors.

Agribusiness is a key focus for Ecobank. They provide affordable financing for women involved in processing and input supply. For larger businesses, structured trade support and market access are available.

Through financial inclusion and capacity building, Ecobank creates opportunities for women in business. This contributes to a stronger and more inclusive economy in Ghana.