Bawumia pledges Startup Act, Affordable Financing, and Tax Incentives in Engagement with Young Entrepreneurs
Former Vice President Dr. Mahamudu Bawumia has reaffirmed his commitment to private sector growth following an engagement with the leadership and members of the Young Entrepreneurs Association.
Describing the session as insightful, Dr. Bawumia said discussions centered on critical steps needed to unlock the full potential of Ghana’s private sector.
According to him, key among the issues discussed were advancing the Startup and Innovation Act, making enterprise financing more affordable and accessible, and restoring tax incentives for young businesses.
“We also explored ways to open public procurement to youth- and women-led enterprises, build robust incubation and skills development systems, connect our businesses to the AfCFTA and wider international markets, and institutionalise youth participation in economic policy discussions,” Dr. Bawumia stated.
He expressed gratitude to the leadership of the Association for their warm reception and profound insights, while commending young entrepreneurs for leading Ghana’s economic transformation.
“Together, we are building a resilient, digital and prosperous future for all,” he added.
The engagement forms part of Dr. Bawumia’s ongoing consultations with key stakeholders in the private sector.
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