100 SMEs benefit from Invest for Jobs Green SME Networking Festival – News Ghana | Region & Cash

Smes Afcfta

More than 100 small and medium-sized enterprises are participating in a three-day Green SME Networking Festival aimed at helping them create decent jobs and improve green manufacturing and products in Ghana.

Organized by Invest for Jobs, an initiative of the Federal Ministry for Economic Cooperation and Development (BMZ) and the Ghana Enterprises Agency on the topic: “Promoting Green Business Practices for a Sustainable Future”.

It brought together several representatives from business associations and government agencies including Ghana Development Bank, Ghana Export Promotion Authority, Association of Ghana Industries and Management Development and

Productivity Institute, among others.

The initiative is being implemented by the German Society for International Cooperation (GIZ) GmbH, among others.

The three-day festival brings together 100 SMEs interested in green manufacturing, mainly from the agro-processing, fashion & textile and cosmetics sectors.

The SMEs will take part in a series of business games and

Workshops on various topics related to environmentally friendly and sustainable business practices.

Seminars on accessing markets through the African Continental Free Trade Area (AfCFTA) and e-commerce will be offered with the support of the German Alliance for Trade Facilitation and the Pan-African e-Commerce Initiative, both programs also supported by carried out by GIZ.

In addition, participants can do business-to-

Business meetings, network with financial services and trade associations, present business ideas and attend product exhibition events.

The main exhibition will take place on Friday July 29th and will be open to the public to have the opportunity to discover the different products of the 100 SMEs.

Commenting on the launch, Mr. John Duti, Team Leader of Invest for Jobs at GIZ Ghana, stated that promoting the green agenda is one of the main priorities of

Invest for Jobs and their client, the Federal Ministry for Economic Cooperation and Development.

He stressed that SMEs have a key role to play in the green agenda and encouraged them to rethink their business models in an environmentally friendly way to ensure sustainable business growth.

Mr Duti said the companies had been selected on the basis of their potential to create jobs and their efforts and interest in innovative and green business approaches.

He said it’s important for businesses to think green because of the challenges posed by climate change and negative practices that endanger lives.

“Experts have warned that unless we take urgent steps to stop this global warming by applying green concepts to our businesses, we risk increasing the number of environmental crises, increased levels of hunger, mass migration and other challenges are increasing social and economic disasters,” he said.

He said the main priorities of the Invest for Jobs program are to promote the green agenda in various areas.

“We believe going green is the way to go now, and we encourage everyone to come on board to change the narrative,” he said, adding
SMEs play a key role in the green agenda.

“I am very confident that this Green SME Networking Festival will provide the tools to overcome the challenges faced by Ghanaian SMEs

Face. Our goal is to promote green business growth and job creation,” added Mr. Duti.

For her part, Ms. Kosi Yankey-Ayeh, Managing Director of Ghana Enterprises Agency, commended the 100 SMEs for their interest in adopting green business concepts and stressed the need for Ghanaian SMEs to align themselves with the green agenda.

According to her, “there is an increasing consumer demand for

Products with less negative impact on sustainability, making companies with these products and business concepts more competitive than others, hence the need to go green.”

She said sustainable business practices have become a moral imperative and, given the right tools and information, would also make a lot of business sense.

She commended GIZ for its continued support for sustainable growth and for providing Micro, Small and Medium (MSME)

Sector the financial incentive to truly engage in generational renewal to contribute to a whole new way of powering the world over the years.

“This strategy is in line with the government’s goal of creating sustainable jobs for our teeming youth,” she said, urging attendees to seize the opportunity presented at the event.

The Green SME Networking Festival will follow the Accra edition

will be held in Kumasi in August and Tamale in October this year.

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