With the launch of the Fourth Made-in-Ghana Bazaar in Accra, industry specialists emphasize the crucial role of small businesses in driving Ghana’s economic resilience. These enterprises, often operating at the grassroots level, serve as vital engines for job creation and innovation, making them indispensable in a rapidly evolving market landscape. Experts argue that targeted support-such as improved access to financing, training programs, and market linkages-can empower small businesses to scale operations and compete effectively both locally and internationally.

Key strategies recommended to bolster this sector include:

  • Increased government subsidies and tax incentives tailored for small-scale entrepreneurs
  • Capacity-building workshops focused on digital skills and business management
  • Facilitating partnerships between small business owners and larger corporations
  • Enhancing infrastructure to improve supply chain efficiency
Support Area Impact on Small Businesses
Financial Assistance Enables operational growth and innovation
Training & Workshops Improves skills and competitive edge
Market Access Expands customer base and sales
Infrastructure Development Reduces costs and enhances efficiency