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Takoradi, Aug. 29, GNA – The Ministry of Finance, in collaboration with the Ministry of Trade, has schooled some SMEs on existing opportunities in grants and loans available under the SMEs Growth and Opportunity (SMEs GO) to improve businesses.

The initiative, when duly implemented with the targeted businesses, would help in breaking the barriers that had impeded the growth of such small women-led businesses.

Under the project, the International Finance Corporation (IFC) provided some GHS8.2 billion to help offer both technical and financial solutions to Ghanaian SMEs.

The Ghana Enterprises Agency, (GEA), Ghana EXIM Bank, IFC and the Development Bank Ghana are key driving agencies for the successful implementation of the project.

Mr Victor Fosu Boamah, the Project Officer at the GEA, said areas of attention would include agro-processing businesses, the construction sector, food and beverages, healthcare and pharmaceutical, hospitality management, trade and commerce among other such SMEs.

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