• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home highlights

IFC provides $200m to six financial institutions to support women businesses

3 years ago
in highlights, Home, home-news, latest News
2 min read
0 0
0
75
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

IFC provides $200m to six financial institutions to support women businesses

A Senior Country Officer at the International Finance Corporation (IFC), Cemile Hacibeyoglu, has disclosed that the corporation has provided over $200m to some six financial institutions in the country for on-lending to women businesses.

This move is expected to reduce the lack of access to capital by women led businesses.

Women made up of almost 50% of Small and Medium Scale enterprises in the country.

This the Ghana Stock Exchange used the forum to highlight some opportunities for women in overcoming challenges in their business operations

Speaking at this year’s Women International Day Forum organised by the Ghana Stock Exchange Forum, she indicated that the IFC which is a member of the World Bank Group is committed to increasing funding for women led firms.

“Here in Ghana, we have a strong partnership with the Ghana Stock Exchange because the drive for gender equality remains important for the IFC.”

RelatedPosts

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

“IFC is stepping its work with stock exchanges to improve diversity in listed companies and also sign and adopt women empowerment principle in our operations”, she added.

Read: Ghana is a nation of attractive opportunities and is ready for business – Prez Akufo-Addo

“We have supported insurance companies to develop insurance products customiseed for women to help them become more resilient. We also make extra efforts to improve women’s access to finance. The IFC have provided more than $200 million to six commercial banks to lend to SME’s with particular attention to women businesses, and we’re certainly going to do more” she further noted.

Ekow Afedzi, who is the Managing Director of the Ghana Stock Exchange, used the occasion to call on women businesses to use the Accra Bourse to raise capital to expand their operations.

“I have one advice for women and that is to invest in bonds and shares [stocks], teach your partners about investment and do it together to be able to raise capital for your business or the home.”

“Women entrepreneurs should take advantage of the stock market to raise capital for expansion projects,” he urged.

The forum known as “Ring the bell for gender equality” is aimed at celebrating contribution of women in the economy to mark the International women’s day which is celebrated every 8th March.

Tags: Ghana Stock ExchangeGhana Stock Exchange ForumIFC provides $200m to six financial institutions to support women businessesInternational Finance Corporation (IFC)Small and Medium Scale enterprises
No Result
View All Result

Highlights

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Trending

Business

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

August 3, 2025

Multichoice Rebuffs Minister's Claim On DSTV Price Cuts, Cites Market Conditions MultiChoice Ghana has pushed back against...

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.