NBSSI/GIZ partner to support WIDU digital platform: Ghanatoday.net

Accra, Jan. 27, GNA
– The National Board for Small Scale Industries (NBSSI) and Deutsche
Gesellschaft für Internationale Zusammenarbeit (GIZ)  have entered into a partnership to improve
employment and income situation through WIDU digital platform.

The two bodies seeks
to put their forces together to support the WIDU digital platform, which is a
tool to enable members of the African diaspora to invest their money into
African business projects.

The WIDU programme,
worth EUR 13 million, is an online platform used to facilitate, track and
subsidize small private business investments in Africa.

It was created in an
attempt to harness the entrepreneurial opportunities amongst families of the
African Diaspora.

A press statement
copied to the Ghana News Agency and signed by Mrs. Kosi Yankey-Ayeh, Executive
Director of NBSSI, said the objective of WIDU was to create new jobs, increase
income and better economic perspective for Ghana which resonates with the
government’s ‘Ghana Beyond Aid’ agenda focused on job and wealth creation.

According to the
statement, the Project would be rolled out on a nine-month orientation phase
with Ghana and Cameroon serving as pilot countries.

The statement said
the overarching goal was to support micro and small enterprises,
entrepreneurship and job creation, by providing them with improved access to
finance through the topping-up of migrants’ transfer of funds and capacity-
building of entrepreneurial skills.

According to the
statement, the Project was the maiden initiative that enables members of the
Africa Diaspora to invest their money into start-ups and small businesses in
Africa, supported and subsidized by the German government.

The statement said
financial support from the Diaspora, NBSSI would provide coaching and mentoring
to sponsored entrepreneurs.

GNA