Accra: Ghanaian-made products dominated the Consolidated Bank's Women in SME Fair currently ongoing in Accra.
According to Ghana News Agency, the fair, organised by the Women of Africa Network in partnership with Consolidated Bank Ghana (CBG), featured women entrepreneurs exhibiting a variety of locally manufactured goods. This initiative forms part of efforts to promote entrepreneurship and position women-led businesses to seize opportunities under the African Continental Free Trade Area (AfCFTA).
Items on display included mineral water, detergents, beads, snacks, and beauty products produced to international trade standards. Among the exhibitors were Haus of Lush, Dash Products and Services, and Eden Blossom Jay and Jay Limited, which showcased products aimed at both local and export markets.
Ms. Yaliwe Mlambo, the Chairperson of the United African Blockchain Association, highlighted the exhibition's demonstration of the growing capacity of African women entrepreneurs to manufacture and market finished products capable of competing globally. She emphasized the importance of supporting locally manufactured products to strengthen women-owned businesses and boost intra-African trade.
Mrs. Naomi Wolali Kwetey, the Managing Director of CBG, stated that women entrepreneurs are key drivers of economic growth, innovation, and national development. She reiterated the bank's commitment to providing financial solutions, business advisory services, and financial literacy programs tailored to the needs of women-owned enterprises.
Mrs. Vida Awumey, Executive Director of the Women of Africa Network, noted the conference's aim to connect women entrepreneurs with buyers, investors, and financial institutions while helping them explore opportunities for business expansion. Despite the growing number of women-owned businesses, many continue to face barriers, including limited access to affordable credit, inadequate financial literacy, and restricted market access.
Recent findings from the Ghana Statistical Service (GSS) indicate that Ghana has more than 2.6 million businesses, with women playing a dominant role in many micro and small enterprises, particularly in trade and services. Nearly 80 per cent of persons engaged in open-space businesses are women, underscoring their importance in grassroots economic activity.