15
Sep
The United Nations (UN) Resident Coordinator in Ghana, Charles Abani, has indicated that small and medium-scale enterprises (SMEs) are only able to access a paltry 0.41 percent of the required capital they need to scale up He said sources of SME financing in Ghana, such as private equity and venture capital (PEVC) account, form an estimated US$25million per year; a small sum compared to the financing need of US$6.1billion. Mr. Abani stressed that to overcome these challenges and unlock the private sector’s full potential, deliberate actions are essential to garner patient capital for the private sector. He emphasised that SMEs…