The International Finance Corporation (IFC) is reinforcing its commitment to Ghana’s small and medium-sized enterprises (SMEs) through strategic investments and partnerships aimed at fostering economic growth.
Dahlia Khalifa, IFC’s Regional Director for Central Africa and Anglophone West Africa, highlighted the transformative impact of such initiatives, citing a garment company that has generated 7,000 jobs, providing stable incomes for many households.
She emphasized IFC’s long-term vision of positioning Ghana as a regional hub for garment production.
As part of its efforts to expand SME financing, IFC has partnered with Access Bank on a $20 million facility, with a strong focus on supporting women-led businesses.
Additionally, IFC is investing in high-growth startups by channeling private equity and venture capital through Ghana-based Oasis Capital and 4DX Ventures, particularly in fintech and logistics sectors.
Khalifa described Ghana as being at a critical turning point for economic expansion, driven by private-sector growth and government-backed business reforms.
“There is a unanimous sense that Ghana is on an upward trajectory,” she noted.
