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Government’s NEIP Initiative transforms entrepreneurship landscape in Ghana
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has lauded the transformative impact of the National Entrepreneurship and Innovation Programme (NEIP) on Ghana’s entrepreneurship landscape.
Speaking at the 3rd Applied Research Conference of Technical Universities in Ghana (ARCTUG 2024) in Sunyani, the President detailed the successes of NEIP and its contributions to reducing youth unemployment and stimulating economic growth.
Launched in 2017, NEIP has been a cornerstone initiative aimed at advancing entrepreneurship and innovation in Ghana. The programme provides critical support to start-ups through funding, training, and mentorship. President Akufo-Addo noted that NEIP has significantly impacted Ghana’s start-up ecosystem, leading to the emergence of numerous innovative businesses across various sectors.
“By offering financial support and business development services, NEIP has enabled 15,000 start-ups to scale up their operations,” President Akufo-Addo stated.
He highlighted that the programme has contributed to the creation of 103,871 jobs as at the end of 2023, fostering economic diversification and empowering the youth.
The President paid tribute to the foundational work of the late John Kumah, the first Chief Executive Officer (CEO) of NEIP, and the former Minister for Business Development, Mohammed Awal Ibrahim, for their roles in establishing the programme. He emphasised that NEIP’s success in producing entrepreneurial talent has not only generated thousands of jobs but also positioned Ghana as a hub for innovation in West Africa.
President Akufo-Addo highlighted the various forms of support provided by NEIP, including funding, training, and mentorship. The programme’s emphasis on equipping young entrepreneurs with the necessary skills and resources has been instrumental in reducing unemployment and fostering a culture of self-reliance and creativity.
The President noted that NEIP’s success is evident in the numerous innovative businesses that have emerged from the programme. These businesses, he said, are driving sustainable economic development and improving the livelihoods of citizens. NEIP has also played a crucial role in positioning Ghana as a hub for innovation in West Africa.
In addition to NEIP, President Akufo-Addo emphasised the importance of creating an enabling environment for entrepreneurship. He noted that the government’s efforts to promote entrepreneurship and innovation extend beyond NEIP, with substantial investments in education and research. The government has disbursed over GH¢700 million in research and book allowances since 2020, underscoring its commitment to advancing education and research in Ghana.
President Akufo-Addo also highlighted the government’s focus on STEM education, which is essential for fostering innovation and entrepreneurship.
He detailed the various initiatives aimed at developing high-quality STEM institutions and programmes, including the construction of the Accra STEM Academy and several STEM Centres and model STEM Senior High schools.
The President concluded by urging all stakeholders to continue supporting initiatives like NEIP and to work collaboratively to advance Ghana’s development through innovation and entrepreneurship.
“Together, we can build a brighter future for our nation, characterised by innovation, inclusivity, and prosperity,” he said.
In his closing remarks, President Akufo-Addo expressed gratitude for the broad endorsement of the Ghana Automotive Development Policy by Toyota’s representative and echoed the sentiments of Bono Regional Minister, Justina Owusu Banahene, for the establishment of a Sunyani industrial outlet of Toyota.
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Seek healthcare at facilities where nursing services are available – Ministry of Health
As a result of the ongoing strike action by the Ghana Registered Nurses and
Midwives Association (GRNMA), it has become imperative for the Ministry of
Health to implement additional measures to mitigate any inconvenience that has been caused.
According to the Ministry, in a statement, it has through all appropriate channels, led negotiations to ensure the smooth approval and implementation of the
new Conditions of Service.
Against this backdrop, the statement added that in line with the Ministry’s policy to ensure healthy population for national development, it has become necessary to make provisions to fill the gaps created as a result of the strike.
Consequently, the Ministry has urged the general public to continue seeking healthcare services at various health facilities, including those where nursing services remain available, to ensure their health needs are met.
They Ministry also attached a link of health facilities across the country in the statement.
By Edem Mensah-Tsotorme
Check the statement below
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MTN, Telecel & AT to increase value of data bundles effective Tuesday, July 1, 2025
The Minister for Communication and Digital Innovation, Sam George, has announced an increase in the value of data bundles by all telecommunication networks in the country.
Speaking at a Meet The Press held today, he said the new directive will take effect from July 1, 2025.
According to him, the implementation date of July 1, is to allow the telcos to recalibrate and reconfigure their systems to reflect the agreed-upon value increases.
He said The new directive will ensure that “AirtelTigo Ghana (AT Ghana): A 10% increase in all data bundles currently offered by the network, additionally, the GH₵400 bundle, which currently offers 195GB, will now offer 236GB.”
Touching on Telecel Ghana, he said, “A 10% increase in data bundles currently offered by the network, their GH₵400 bundle, which currently offers 90GB, will offer 250GB, effective from July 1.”
On MTN Ghana, the minister said, there would be “a 15% increase in all data bundles currently offered by the network and I am pleased to announce the restoration of GH₵399 bundle, which currently has been changed to GH₵350 that offers 92.88GB, will hence be reinstated to 214GB for GH₵399.”
Sam George has also urged the operators to invest in the quality of their network to ensure customers are better served.
He charged the regulator National Communication Authority (NCA) to strictly monitor the changes.
The minister expressed appreciation to the CEOs of the various companies for close collaboration over the last four months.
By Edem Mensah-Tsotorme
