News
Presidential Business Support 3rd Window:GH₵50m soft loan for 5,000 start-ups
Five thousand business startups are to benefit from a soft loan facility totaling GH₵50million under the third window of the Presidential Business Support Programme (PBSP) which opens across the country today.
The beneficiaries would be selected from 26,000 entrepreneurs from all districts whose capacity would be built in marketing and business management as part of the programme.
Launched by President Nana Addo in 2017, the PBSP is aimed at assisting Ghanaian businesses with capacity building, money and funding for young entrepreneurs and start-ups.
At the launch of the new window in Accra yesterday, Minister of Business Development, Dr Ibrahim Mohammed Awal said 19,000 startups supported under the previous windows had created 90,000 jobs.
This, he said, was a testament of the need to support the youth to be job creators instead of job seekers since only two per cent of the nearly 250,000 young people who graduate get jobs in the formal sector.
“The rest must find jobs in the private sector hence the president’s commitment to entrepreneurship to train them, equip them, fund them and build capacity so that they can create jobs and employ more people,” he said.
According to Dr Awal, the country was largely a youthful population with three per cent of the young people below 30 years and that the government was determined to use the programme as a resource to enhance national development and create wealth for the people.
On his part, John Kumah, the Chief Executive Officer (CEO) of the National Entrepreneurship and Innovation Programme (NEIP), the agency coordinating the programme, said this year’s edition had been extended from 19,000 beneficiaries to 26,000 and GH₵40million to GH₵50 million to support more people.
He said 100 beneficiaries would be selected from each of 260 districts across the country and given loans ranging between GH₵5,000 and GH₵50, 000 with 10 per cent interest.
The interest, he said, was to sustain the pool of fund and support other people as well as incorporate the culture of loan repayments to enable them approach banks for loans in the future.
This year, he said, application had been decentralised and not done exclusively online, in response to concerns raised by prospective beneficiaries in the rural areas that internet access was an impediment.
He assured all prospective applicants of a fair and selection process as private consultants would be in charge of the selection after which the Monitoring and Evaluation department of the ministry would follow up.
“It is a very fair and transparent process. I urge all to apply through their district assemblies, every Ghanaian with a business idea is qualified,” he said.
On the recovery of loans, Mr Kumah, said it was about 70 per cent but the COVID-19 had slowed down recovery rate.
BY JONATHAN DONKOR
The Northern Regional Police Command has arrested three men believed to be part of a kidnapping syndicate responsible for abducting a 42-year-old man in Wapuli, a community in the Yendi District.
The suspects, Haruna Seidu, Amidu Bandi and Osman Bandi allegedly kidnapped the victim and demanded GH¢100,000 from his family for his release.
According to a police statement, officers from the Regional Police Intelligence Directorate were deployed to Wapuli after the incident was reported.
The team conducted surveillance and launched a rescue operation.
On Friday, December 5, 2025, police successfully rescued the victim and arrested the suspects after what was described as an intense exchange of gunfire.
The suspects were later taken into custody and are expected to be arraigned before court.
The Police said the a fourth suspect, who is believed to have sustained gunshot wounds during the operation, is currently on the run.
They urged the public to provide any information that may lead to his arrest.
By: Jacob Aggrey
News
Nana Yaa Serwaa Sarpong advocates Bold educational reforms at the UK House of Lords during Global Education Summit.
On November 27 2025, global development leaders, policymakers, education experts and civil society organisations gathered at the UK Parliament’s House of Lords for the Global Education Summit hosted by The Baroness Verma of Leicester and organised by the African British Business Forum.
The high-level event focused on the global rise in out-of-school children and the urgent reforms required to deliver equitable, quality education for all.
Among the distinguished Speakers was Nana Yaa Serwaa Sarpong, Founder & President of Women in Sustainability Africa (WiSA) and General Manager of the EIB Network, who delivered a compelling address on the theme “Breaking Barriers: Empowering Out-of-School Children Through Education.”
In her remarks, Nana Yaa who is currently celebrating 26years of Service in the Media, emphasized that education must be viewed as essential national infrastructure, not charity.
Borrowing experiences from her 18 years of empowering women and young people, she presented a strong case on how Africa’s poor educational systems tie into the poor state of its Gender Equality gap.
According to her, unlocking access to education is one of the most effective ways to strengthen economies, empower women and young girls, build resilient communities and drive sustainable development.
She highlighted that each child excluded from learning represents deferred innovation, delayed opportunity and a weakened society.
Nana Yaa noted that the barriers keeping millions of children out of school are complex and interconnected—ranging from poverty and cultural norms to geographical isolation and digital exclusion.
Addressing these challenges, she argued, requires solutions that are equally comprehensive and multi-layered.
Nana Yaa stressed that girls remain disproportionately affected, and investing in girls’ education has a transformative impact across several Sustainable Development Goals, including gender equality, poverty reduction, health outcomes and climate resilience.
Nana Yaa advocated for the expansion of flexible, inclusive and community-responsive educational models, such as mobile classrooms for remote and nomadic communities, community learning hubs, after-hours programmes for working children, radio-based instruction for low-tech areas and digital platforms designed to reach learners regardless of connectivity challenges.
She warned that without deliberate action, the digital divide would continue to widen, pushing already vulnerable children further to the margins.
During her presentation, she introduced three major reforms WiSA is seeking Partners for, aimed at reshaping educational access across Africa and beyond.
These are the Digital Bridge for Out-of-School Children (DBOC), the Community Education Stewardship Hubs (CESH) involving local women educators and youth volunteers and the Teen-focused Global Skills Accelerator for Out-of-School Teens (GSA-OT).
She also underscored the need for education systems that support instruction, inclusivity and healing, particularly for children experiencing autism, trauma, displacement or conflict.
Nana Yaa emphasised that emotional and psychological support must be integrated into educational frameworks in order to restore confidence, stability and long-term learning capacity.
The summit concluded with strong commitments from stakeholders to adopt sustainable financing models, strengthen data-driven policies and expand cross-sector partnerships.
The African British Business Forum reaffirmed its commitment to championing innovative, scalable solutions to educational inclusion across the UK, Africa and the wider global community.
