Editorial: Young Female Entrepreneurs Programme must be supported

A transformative initiative, aimed at empowering young Ghanaian women in entrepreneurship, has been launched by the Ghana Chamber of Young Entrepreneurs, known as the ‘Young Female Entrepreneurs Programme (YoFEP)’.

The Chronicle is informed that the programme will focus on providing comprehensive support, including training, mentorship and access to capital, which is aimed at ensuring the sustainability of the businesses under the programme. This, in our estimation, is a good initiative, which would empower young women economically, if it is managed well.

We are encouraged by the assurances given by Kosi Yankey-Ayeh, Chief Executive Officer (CEO) of the Ghana Enterprises Agency, on the government’s unwavering commitment to support women entrepreneurs, as well as initiatives which are aim at empowering women.

The Chronicle supports the assertion that the future is female, and the future is entrepreneurship, and, for that matter, every effort must be made to ensure the sustainability of the programme.

We would, therefore, call on stakeholders to exhibit a high sense of commitment to empower young entrepreneurs, especially women, as the country strives to maintain the ‘Beacon of African’ label.

It is in this direction that The Chronicle is glad that the Ghana Chamber of Young Entrepreneurs has pledged its commitment to support and encourage women-led initiatives and businesses.

We have perused the comprehensive overview of the YoFEP outlining its objectives and significance in driving economic growth, and would urge the Chamber to continue to offer tailored support to businesses owned by women, and all women-led enterprises.

We would like to appeal to the Chamber to put in place adequate mechanisms to provide young female entrepreneurs with the tools, knowledge, and resources needed to succeed in their ventures.

The Chronicle is convinced that if the YoFEP continues to remove barriers and foster a supportive ecosystem to elevate the participation of young women in entrepreneurship, as well as create a vibrant and inclusive business environment, the better for the country, because of the crucial role women play in driving innovation and economic progress.

Our conviction is premised on the fact that the YoFEP holds immense promise in transforming the entrepreneurial landscape for young Ghanaian women.

As a leading organisation, dedicated to fostering entrepreneurship and empowering young entrepreneurs in Ghana, stakeholders must be resolute in lending the needed support.

The Chronicle would, once again, like to back the Chamber in providing a platform for networking, capacity building and advocacy, and striving to create an enabling environment for entrepreneurs.

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