President John Dramani Mahama has announced plans to establish a National Venture Capital Fund aimed at supporting youth and women-led businesses across Ghana.
Speaking at the second Kwahu Business Forum on Saturday, April 19, 2025, the President revealed that the fund will serve as a catalyst for entrepreneurial growth, providing critical financial support to help young people and women scale their businesses.
He further noted that the government will introduce regulatory reforms to encourage banks and financial institutions to increase lending to the productive sectors of the economy.
“We will launch a National Venture Capital Fund to support youth and women-led businesses and introduce regulatory reforms that encourage banks and financial institutions to lend to the productive sectors of the economy. In all of this, financial inclusion will be at the heart of our agenda. No economy can grow if its people remain excluded from the formal financial system,” he said.
The initiative forms part of broader efforts to strengthen Ghana’s private sector and ensure inclusive economic development.
SP/MA
