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Ghana’s SMEs remain competitive despite challenges – Vice President

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Vice President Prof Jane Naana Opoku-Agyemang has praised Ghana’s Small and Medium-sized Enterprises (SMEs) for their resilience and competitiveness, even in challenging economic conditions within the sector.

She emphasised that Ghana’s SMEs continue to adapt, innovate, and maintain their competitiveness, underscoring their importance in national economic growth and job creation.

“In Ghana, our SMEs continue to demonstrate resilience and competitiveness even under challenging conditions,” she said when delivering an address during the 2026 Africa Prosperity Dialogue in Accra while speaking on the state of SMEs in Africa.

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The Vice President noted that these businesses play a crucial role in driving employment and contributing to the continent’s GDP.

“Within this market (the Africa Free Trade Continental Area), SMEs are central. Africans SMEs are often cited as generating over 80% of employment and a significant share of GDP,” she said.

The Vice President called for continued support and policies that strengthen the SME sector to ensure sustainable development and inclusive economic progress.

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Source: www.myjoyonline.com
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