The business terrain can be challenging. It is in this regard that DONE BY US, a management consultancy and investment firm, has launched the Africa Street MBA program.
The program, which is in partnership with the KGL Foundation, seeks to provide integrated, regional support for start-ups and small businesses in the country.
In an address, the founder of DONE BY US, Mr. King Wellington, said the Africa Street MBA program will help reduce the high start-up failure rate in the country by providing a platform to impact young people with world-class business knowledge based on top MBA curriculum and entrepreneurial course content.
The program is targeted at women and deprived young people from poor backgrounds with low education but with bright business ideas or existing businesses.
In a speech read on her behalf, the Chief Executive Officer of Ghana Enterprises Agency (GEA), Mrs. Kosi Yankey-Ayeh, also said that to achieve rapid economic development, the private sector could not be sidelined but rather made robust to support economic growth.
She said the MSME sector provided over 85 percent of manufacturing employment and assured that with the support of the government and other stakeholders, GEA would continue to strengthen MSMEs and ensure that there is improved access to credit facilities to expand their operations, contributing greatly to economic growth, to which end the Africa Street MBA program was a step in the right direction.
Nii Ankonu Annorbah-Sarpei, Programs Manager of the KGL Foundation, reiterated the foundation’s commitment to the socio-economic development of young people and Ghanaians in general. He said the KGL Foundation believed in youth development and empowerment, for which reason they are working in collaboration with DONE BY US to spearhead the vision of the Africa Street MBA program.