The Chief and people of Lower Axim and Nsein have climaxed their annual Kundum Festival at a beautiful and colourful ceremony over the weekend.
The Paramount Chief of Lower Axim and Nsein Traditional Council, Awulae Agyefi Kwame II, sat in state together with his Divisional and other sub-chiefs.
Prior to this, the Divisional chiefs were carried in palanquins following the Overlord, who was also riding in a palanquin to the festival grounds.
The Kundum Festival, which was on the theme “Developing Women’s Entrepreneurial Capabilities – The way forward,” saw dignitaries such as the Member of Parliament (MP) for the area, Kofi Arko Nokoe, and the Municipal Chief Executive (MCE), Elizabeth Dorcas Amoah, amongst other chiefs gracing the occasion.
Addressing the gathering, Awulae Agyefi Kwame II advised women entrepreneurs to register their businesses to prepare them for great progress and transformation.
This would create opportunities for them to get financial support from the government and other institutions.
He stressed that most of these businesses of the women were in the informal sector, but were not officially registered.
“So when they apply for loan from the financial institutions, it becomes difficult for their loans to be processed and granted, because the business was not properly managed or registered.
“Women struggle to obtain financial support from government, banks, and other investors, because they often have less contact with business networks. And this significantly restricts their market access,” Agyefi Kwame observed.
According to the Chief, entrepreneurship represented an important opportunity to increase the participation of women in the economy and realised growth potentials.
The Municipal Chief Executive of Nzema East, Dorcas Elizabeth Amoah, in an interview, said it was essential for the woman entrepreneurs to be consistent in managing the standard and quality of their businesses for added value and growth.
She added that, being consistent with the standard and quality of their products would earn them more customers and market their products for expansion of their operations and incomes.
The Member of Parliament for Evalue Ajomoro Gwira, Kofi Arko Nokoe, also pleaded with Awulai Agyeifi Kwame II to call a meeting to dialogue on how to develop Nzema.
