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Business - November 28, 2020

NBSSI and SNV sign MoU to support and create Green Businesses

The National Committee for Small-scale Industries (NBSSI) and SNV Dutch Development Organization signed a memorandum of understanding to support and create green enterprises in Ghana.

The agreement under SNV Ghana’s “Promoting Ghana’s Green Employment and Enterprise Opportunities (GrEEn)” project aims to support the local economy’s transition to a green and climate-resilient economy.

It also aims to improve the employability and entrepreneurial capacity of youth, women and migrants who return voluntarily, as well as support, incubate and accelerate small, medium and micro enterprises so that they can provide decent and sustainable jobs for youth, women and migrants who return voluntarily.

NBSSI executive director Ms. Kosi Yankey-Ayeh and SNV country/region director Mr. Anjo van Toorn signed the agreement on behalf of their respective organizations.

Commenting on the transaction, Mrs. Yankey-Ayeh said that as Ghana tries to restructure the economy during and after the COVID-19 pandemic, it needs to focus on exploring new, untapped wealth and job creation areas.

She said: “This requires special attention to agriculture, renewable energy, water, sanitation and sanitation, which are the goals of the MOU.”

She said that Ghana’s small and medium-sized enterprises focus on traditional trade and business sectors and have done little to explore business opportunities in renewable energy, water, sanitation and sanitation.

“These areas have fantastic opportunities that can be leveraged to create sustainable jobs for the teeming unemployed youth. It is for this reason that this MoU brings a good sense of excitement and prospect for the future,” Mrs Yankey-Ayeh said.

She said the initiative was in line with the government agenda to equip the teeming unemployed youth with entrepreneurial skills and provide sustainable jobs.

The GrEEn Project will be implemented for four years in selected Metropolitan, Municipal and District Assemblies (MMDAs) across two Regions of Ghana, namely, the Ashanti and Western Regions.

“With a clear objective of creating economic and employment opportunities for youth, women and returning migrants promoting and supporting sustainable green businesses, I am convinced that it will challenge the beneficiaries to explore a new avenue for wealth creation,” she said.

Mrs Yankey-Ayeh assured that the NBSSI would provide the needed support and collaboration at both the national and local levels to ensure that the partnership achieved the expected objectives.

On his part, Mr Toorn said the project’s target was to achieve the training of at least 5,000 people, 3,500 creating self-employment opportunities, 100 MSMEs incubated and accelerated and 1,500 decent and sustainable jobs.

He said in the cooperation NBSSI and SNV would want to build coordination and synergies at national, regional and Metropolitan, Municipal and District Assembly levels.

Mr Toorn said with the signing of the MoU, NBSSI would participate in the GrEEn project steering Committee at the national level.

There will also be the creation of synergies between GrEEn interventions and NBSSI departments and centres at national, regional and MMDA-level to support MSMEs and support the implementation of the government MSME policy and Covid19 recovery plan.

Mr Toorn said the project would also support the delivery of Business Advisory services to MSMEs in the Western and Ashanti region with a focus on green and circular economy and support awareness-raising and information provision for youth and women interested in green businesses.

“GrEEn is about youth employment, migration, green businesses, climate -no small issues. That’s why we need partnerships and pool resources. Only together we can effectively address these issues,” Mr Toorn added.


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