small and medium-scale enterprises

Private equity (PE) and venture capital (VC) funds are set to invest at least US$30million in small and medium-scale enterprises (SMEs) during 2023, according to Board Chair of the Ghana Venture Capital and Private Equity Association, Matthew Boadu Adjei. Private equity and venture capital funds are investment vehicles that offer financing to companies at various stages of growth. These funds provide access to much-needed capital for companies which may struggle to secure financing from traditional sources such as banks. By investing in SMEs, private equity and venture capital funds help to stimulate economic growth and job creation. Mr. Adjei, who…