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Close to GH¢100 million spent on capacity building

The Minister for Business Development, Mohammed Ibrahim Awal has revealed that his ministry has so far spent about GHC 100 Million as part of its many initiatives to build capacity of entrepreneurs across the country.

“The monies spent so far, that is the GH¢100 Million, were used for capacity building and for funding. And we will be spending more to make sure our young people compete.”

The Minister for Business Development, Mohammed Ibrahim Awal told the gathering at the Meet the Press that so far they have managed train, 19,000 young entrepreneurs. Out of that number, 7 thousand were trained in 2018, while 12 thousand have so far been trained in 2019. Out of the trained number for 2018, 1,350 entrepreneurs have received funding from between GHC 10,000 to GH¢100,000.

Aug. 14, 2019

References:

• https://www.ghanaweb.com/GhanaHomePage/business/Close-to-GH-100-million-spent-on-capacity-building-Business-Development-Minister-771880
• https://www.ghanaweb.com/GhanaHomePage/business/Government-spent-GHC100m-on-capacity-building-for-entrepreneurs-Minister-771727
• https://citinewsroom.com/2019/08/business-development-minister-justifies-ghc100m-for-capacity-building/
• https://thebftonline.com/2019/editors-pick/business-development-ministry-justifies-stewardship-creates-4750-jobs/
• https://www.ghanamma.com/2019/08/14/close-to-gh%C2%A2100-million-spent-on-capacity-building-business-development-minister/