Ghana Establishes $2.7m YES Fund For Young Entrepreneurs
- Entrepreneurs, Money
- August 14, 2014
By Olubunmi Ogunkunle, a specialist in venture capital and private capital advisory. The grant of tax incentives is one of the most effective policy interventions employed by governments all over the world seeking to stimulate growth of the venture capital and start-up ecosystem. Such tax incentives typically range from tax incentives for persons who invest
READ MORELast year we published the establishment of the CBN N220 billion MSME fund. Finally, the Central Bank of Nigeria (CBN) has published the procedure for accessing the N220 billion MSME fund. Find text below. 1.0 Is your business in any of the following areas? . Agriculture . Manufacturing . Cottage Industries . Artisanship . Services .
READ MORELast year we published ‘Entrepreneurs Can Now Loan N500k, N5m, N50m at 9% Interest From Nigerian Banks.’ It was a major breakthrough for SME financing as the regular interest rates were dropped by over 100% for entrepreneurs under the CBN N220 billion MSME fund. But the CBN initiative suffered a major setback as commercial banks
READ MOREENTREPRENEURS – Sincerely, I can’t explain why I am not in love with football. The energy, intrigues, gains, losses, and even craze hardly moves me. Sounds weird right? Even recently I found that my mom who was never a football fan has been converted, thanks to my dad and my two younger siblings. Yet, the
READ MOREENTERPRISE54 – 23-year old upcoming Kenyan designer, Arnold Muriithi has just won for himself KShs 150,000 ($1,500) in the ‘Vijana na equity: Design your Destiny’ competition staged by Equity bank. He also got an all-expenses paid invitation to attend this year’s Hub of Africa Fashion Week in Ethiopia. Arnold emerged as the best of a
READ MOREENTERPRISE54 – Civil unrest, bloody wars, poverty and famine, the continent of Africa has been plagued by devastating tragedies over the last several decades. Combined with political corruption, an unstable financial system, and lack of decent educational and business growth opportunities, its citizens are amongst the poorest in the world. Many living on less than
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