The Entrepreneurs Solutions Summit celebrates the hopes and ambitions of entrepreneurs that strive in the challenging market to win. The summit organized annually by African Bagg Recruitment, brings together like-minded entrepreneurs and influential leaders to share ideas, inspiration, insights and gain actionable strategies and innovative solutions to grow businesses. You can sign up for more with magnolia magazine subscription.
The summit, chaired by Hon. Hackman Owusu-Agyemang (Agric. Economist & Politician. The board chair of CocoBod, 2017 – 2021) has been supported by past speakers Chris Kirubi (a Kenyan businessman, entrepreneur, industrialist and philanthropist), Dr. Myma Belo-Osagie (a founding partner of Udo Udoma & Belo-Osagie, Nigeria), Hon. Ken Ofori-Atta (a Ghanaian economist, an investment banker and co-founder of Databank. He currently serves as the Minister of Finance) Dr. Paa Kwesi Nduom (a business consultant and politician. He is the Chairman and founder of Groupe Nduom, Ghana) Ian Lee (Businessman, Singapore) Alex Adjei Bram (Co-founder, HUBTEL) amongst others.
As the world is changing with companies having to contend with rapid change and uncertainty, busines resilience is extremely important to any business because without it, few businesses are likely to be able to recover from unexpected disruptions or adapt fast enough to sudden changes as this pandemic has caused.
The 3rd Annual Entrepreneurs Solutions Summit in partnership with the Ghana Investment Promotion Centre (GIPC) will focus on how small to medium-sized enterprises (SMEs) can survive an economic downturn. SMEs are the pivot of our economic growth and therefore this full day event brings together entrepreneurs, international and local companies to share best practices and solutions to strengthen businesses in Ghana and beyond.
African Bagg Recruitment is a subsidiary of African Bagg Limited, renowned for being the local partners for international companies setting up in Ghana. African Bagg Limited specializes in offering market entry support and consultancy services to companies interested in investing in Ghana and the Sub region.
African Bagg Recruitment is one of the leading Human Resource firms in Ghana. We offer Recruitment, Training, Assessments, Accounting, Payroll and other business-related services to companies in Ghana. We have worked with the likes of Tullow Oil, Mitsui & CO, IE Singapore, Ghana National Petroleum Corporation (GNPC), Nokia, Social Security National Insurance Trust (SSNIT), Viasat 1, HFC Bank, Electricity Company of Ghana (ECG) amongst others.
The one day program has been broken down into two sessions: Morning Session
· Presentation from Keynote Speakers. Afternoon Session.
· Presentations by international and local companieslooking to explore new business opportunities.
· Networking. TOPICS WILL FOCUS ON:
TOPICS WILL FOCUS ON
1. How companies build resilience.
2. Reshape strategy for business continuity.
3. Identify new business opportunities/Innovation.
4. Develop and implement recovery plan from crisis.
5. Budget preparation.
Wamkele Mene, Secretary General of the African Continental Free Trade Area (South Africa)
Secretariat. In February 2020, he was elected as the first Secretary General of the African Continental Free Trade Area Secretariat.
World Trade Organisation for South
Africa. Wamkele later Chaired the Committee on International Trade in Financial Services at the
Department of Trade and Industry and South Africa’s lead negotiator in the African Continental Free
is the Secretary General of the
African Continental Free Trade Area(AfCFTA)
He previously served as the Head of Mission to the
World Trade Organisation. He was the Chief Director for Africa Economic Relations in South Africa’s
CEO, Ghana Enterprises Agency.
Kosi Antwiwaa Yankey-Ayeh is the first female Chief Executive Officer to head the Ghana Enterprises Agency (GEA) – formerly National Board for Small Scale Industries (NBSSI) – an Agency under the Ministry of Trade and Industry (MoTI) in mandated to strengthen and grow Micro, Small and Medium Enterprises (MSMEs) in Ghana. Kosi spent majority of her career focusing on access to finance and agribusiness in Africa. She has worked with the Engineers Without Borders Canada (EWB)’s where she set up Mobile Buisness Clinic and helped develop a training program for agribusinesses in Africa. She was also the Founder and CEO of Nuba Foods and Commodities, an organisation which helped to bridge the gap between local farmers and industries in the West African sub-region by sourcing agricultural raw materials from smallholder farmers and supplying them to the industries. She also ensured that their activities focused on creating positive environmental and societal impact towards a sustainable development world.
In the past seven years, she has raised over US$300 million dollars in funds. Some earmarked to develop entrepreneurial and acceleration programs to support entrepreneurs, the youth and MSMEs in Ghana. Her efforts have also resulted in an increase in GEA’s budget and funding streams by over 1000%.
Mrs. Yankey-Ayeh graduated from Harvard University, USA, with a Master’s in Public Administration and Public Policy from the John F. Kennedy School of Government. At Harvard she received the 2016 excellence award for academic distinction and distinguished contribution to the Edward S. Mason Program and the School. Kosi’s experiences range from working as a Banker at Deutsche Bank, Citigroup, Merrill Lynch and UBS.
Her leadership at NBSSI has helped to shape enterprise development in Ghana giving NBSSI a firm footing in MSME development and promotion. Her rich experience in microfinance and finance has helped to scale up activities of the Board (especially those in the rural areas with better access to business development services; appropriate technology and skills; and financial services) and directed needed resources.
She has a certificate from Wageningen Universtiy, Netherlands where she studied Market Access for Sustainable Development and a 2 year programme at MIT in Cambridge focusing on Entrepreneurship and Business Acceleration.
Currently, Mrs Yankey-Ayeh is a Member of the Ministry of Finance Advisory Committee, Accra Digital Centre, and a few others.
CEO, Televic Group Belgium.
Lieven Danneels, is the Chief Executive Officer of Televic Group. Televic develops and makes communication systems for a number of niche markets, such as nurse-call systems, conference and simultaneous interpretation systems, passenger information systems for the Rail market and software solutions for the education market.
He is also Honorary President of Chamber of Commerce West-Flanders; Member of the board of VOKA Flanders; Chairman of VARIO, the flemisch advisory council on innovation and entrepreneurship. Chair of advisory council of the institute of entrepreneurship of the Vlerick business school in Belgium; Member of the board of IMEC vzw; Member of the scientific advisory board of IMEC vzw; Member of the board of University Leuven (KUL); Honorary President of the KULAK (university leuven, campus Kortrijk), and since 2020 elected President of VIVES university college, Kortrijk. Lieven Danneels is a Civil Engineer (KU Leuven) and obtained postgraduates in Financial Management (Vlekho) and Business Administration (KU Leuven).
CEO, Mota-Engil Portugal.
Manuel Mota is a Board Member of Mota-Engil Group since February 2016 when he was appointed CEO for Africa, he has subsequently also been appointed as CEO for ME Europe in March 2019. He was previously a member of the board of Mota-Engil Europe Engineering & Construction. In his previous role, he acted also as Chief Executive Officer for Mota-Engil Central Europe, which includes responsibility for Poland, Czech Republic, and other Central European Countries. Manuel
Mota started his career in 2009 within the Grope in Angola as an Engineer and progressed steadily to become Member of the Board of Mota-Engil Angola, until he was appointed as Chief Executive Officer for Mota-ENgil Central Europe in May 2013. He graduated with Masters in Civil Engineering from University College of London. He has subsequently been appointed as CEO of Mota-Engil Europe which he accumulates with his position as Mota-Engil Africa.
is one of Ghana’s leading female investment bankers and financial advisors. On July
Deputy Managing Director Ghana Stock Exchange.
15, 2020 she was appointed as the Deputy Managing Director of the Ghana Stock Exchange. In this position Ms. Amoah is responsible for the operational activities of the Exchange as well as assisting
Prior to this appointment, Abena was the Chief Executive Officer for Baobab Advisors, a financial advisory services firm she founded. Amoah has served on the boards of Wapic Insurance Limited (Ghana), Access Bank Limited (Ghana) and The African Women’s Development. She received a Newmont Gold Ghana Highest Award for Excellence at the National Youth Excellence Awards in 2006. And was listed as one of WomanRising’s 100 Most Outstanding Women Entrepreneurs in Ghana in 2016.
Director Partnership and Communications, Tony Elumelu Foundation, Nigeria.
Somachi Chris-Asoluka, Director, Partnerships and Communications for the Tony Elumelu Foundation. In this role, she conducts the data gathering, analysis, and methodology review for all research publications of the Foundation and oversees the Foundation’s advocacy initiatives – case studies, workshops, roundtables, symposiums, etc. She also manages all external engagements and relationships for the Foundation and its Founder, Mr Tony Elumelu CON.
Somachi graduated Summa Cum Laude from Saint Mary’s College of California and received the “Adam Smith” award given to the best performing student in Economics. She also has a Master’s Degree in International and Development Economics from Yale University. Prior to joining the Foundation, Somachi worked with the Corporate Governance and Finance division of Phillips Consulting Limited and she served as a research assistant at the Lagos Business School in 2013 and has interned as a columnist with Business Day newspaper. She is a member of the Financial Women’s Association, San Francisco, the Omicron Delta Epsilon (National Economics Honor Society, USA) and a fellow of the Moremi Initiative for Women’s Leadership in Africa – a programme that annually identifies and engages the top 25 most promising young women leaders on the continent.
Delta Airlines is focused on being reliable with its business in Ghana
One of America’s major Airlines, Delta Airlines has reaffirmed its unwavering commitment to the Ghanaian market, signaling a strong dedication to fostering air travel connectivity in the country.
As a major player in the global aviation industry, Delta acknowledges the importance of the Ghanaian market and underscores its commitment to providing top-notch services for passengers traveling to and from Ghana.
The Managing Director of International Communications for Delta Airlines, Rahsaan Johnson in an in interaction with Ghanaian media at the Atlanta Headquarters of Delta, emphasised the airline’s commitment to reliability within the Ghanaian market. Dispelling rumors circulating mainly on social media platforms that the aircraft serving African routes, particularly Ghana, are obsolete or unsuitable for travel, Rahsaan highlighted Delta’s strategic focus on ensuring a dependable and consistent air travel experience for passengers in Ghana.
He further touched on the several awards Delta Airlines has received, highlighting its consistent recognition as the most distinguished airline in the United States for customer service, satisfaction, reliability, and punctuality.
“I would say Delta is first of all the most awarded airline in the United States of America. For several years, at least 10 years, Delta has had the highest ranking in customer service, customer satisfaction, reliability, fewest cancellations and most on-time performance,” he said
Rahsaan Johnson to a greater extent disclosed that customers traveling from Accra have consistently rated Delta among their top choices for satisfaction across Africa, Europe, and the Middle East.
“Our focus in Ghana is to uphold the already high levels of customer satisfaction. Passengers flying with Delta from Accra consistently provide us with some of our highest satisfaction ratings across Africa, Europe, and the Middle East,” he emphasized.
While addressing concerns about aircraft selection, Rahsaan, made known that the multiple award-winning airline operated a diverse fleet capable of serving global destinations, stressing that the planes deployed on Ghana routes are also used for flights within the United States, Europe, South America, and beyond.
He specifically asserted that the Boeing 767-300 aircraft used for flights to and from Ghana, also caters to some of Delta’s most valued customers on routes like New York to Los Angeles.
In the words of the director, “The 767-300 airplane that we fly to Ghana carries some of our highest-paying customers en route between New York and Los Angeles for example. The aircraft that we fly to and from Ghana, is the right size aircraft for us to be financially successful in Ghana.”
“What we want to do is to have a strong business that allows us to give the right amount of service to the community so that we can fly that route every day, so we can fly that route and be successful. The alternative is a larger airplane for fewer flights a day or fewer flights per week,” he added.
With air travel playing an integral role in connecting nations and fostering economic and cultural exchanges, reliability becomes a cornerstone for airline success. As Delta continues to operate in the Ghanaian market, its commitment to reliability is not only a commitment to punctuality but also an assurance of consistent service quality. The airline industry is highly competitive, and Johnson’s statement signals Delta’s intent to distinguish itself through a reputation for reliability.
Delta has operated nonstop service from Accra to New York-JFK since December 2006. Delta currently operates a daily flight and has overall, transported more than 1,350,000 customers between Ghana and the United States since 2006.
Africa Games Armwrestling: Golden Arms to grab Golden Gold for Ghana, receives boost from NHIS, HD+, KOFATA and others.
The National Armwrestling team, Golden Arms has set an ambitious target of securing a third of Ghana’s total medal haul at the forthcoming Africa Games scheduled for March 08 to 23,2024.
Coming into the Games for the first time, the Golden Arms are poised and ready to make history again in order to add up to Ghana’s medal haul towards its host and win agenda.
Mr. Charles Osei Asibey, President of the Ghana Armwrestling Federation (GAF) said the team being in camp since February is unprecedented in their preparation for any major championship thus super ready to deliver at the continental stage on promise.
“We are ready to give the rest of Africa a tough competition as always. We have medals targets for Ghana, my hardworking team has had enough preparations and I am convinced they will show up to put up a good show.”
Currently in camp at Legon, the Golden Arms have received major boost from the Armwrestling board, development partners National Health Insurance Authority (NHIA) through their sports is good health agenda spearheaded by CEO Dr. Oko Boye, SES HD Plus through the Kids Armwrestling future champions program, Kofata Motors, the Ghana Olympic Committee (GOC) through the federations support, Minister and Ministry of Youth & Sports who ensured Armwrestling is well placed, the Local Organizing Committee and friends, all to get the team thrive at the 13th Africa Games in Accra. The various support directed towards training equipment, medics, team preparation, kitting and other logistical needs.
Mr. Osei Asibey urged Ghanaians to rally behind the team as they go in to conquer the rest of Africa on March 15 and 16, 2024 at the Cedi Hall, University of Ghana.
The Ghana National Armwrestling Team, the Golden Arms having dominated the continent for the past yeare, will hunt for Gold and bring Ghana that glory it deserves.
Holy Child alumni illuminate the path forward amidst national school power crisis
In recent times, the narrative of power challenges in Ghanaian schools has escalated, with numerous public institutions such as Mfantsipim School, Accra Academy, and Mondo Senior High Technical School among others facing abrupt electricity disconnections.
This persistent issue highlights the dire need for sustainable solutions in powering educational facilities, crucial for maintaining the quality of education.
Stepping into the spotlight with a pioneering initiative, the 1999 alumni of Holy Child School have set a remarkable precedent.
In a bid to combat these electricity woes, these visionary women have successfully funded the transition of their alma mater to 75% solar energy. This initiative not only addresses the immediate problem of power outages and financial strains on the school’s budget but also serves as a beacon of climate-positive action with the potential for carbon credit benefits.
Founded in 1946 by the Society of the Holy Child Jesus, Holy Child School has long stood as a bastion of educational excellence and societal impact in Ghana. Its alumni include distinguished personalities such as Ghana’s Ambassador to France, Anna Bossman; Goldman Sachs Vice President, Sabina Dankwah; and University of Ghana’s Vice-Chancellor, Prof. Nana Aba Amfo, to name a few.
The Solar Project
This solar project, a gift from the 1999 alumni commemorating their 25th anniversary and coinciding with the school’s 78th speech and prize-giving day, symbolizes a profound act of giving back and forward.
In an exclusive interview with the Business and Financial Times, engineer Ing. Mrs. Sheila Enyonam Akyea, president of the year group, shared: “This project builds on the foundation laid by our predecessors. We’re thrilled to extend their initial contribution, ensuring every corner of our school benefits. It’s our way of ensuring current and future students receive the same level of empowerment and opportunity we had.”
Project’s Committee Chair Ing. Mrs. Teresa Kyei-Mensah, mentioned the substantial investment the solar installation demands, emphasizing ongoing fundraising efforts.
she said: “Once completed, the initiative promises significant savings for the school and, by extension, the Ghana Education Service, redirecting funds towards essential educational resources,” she added.
Solar power, increasingly recognized for its affordability and environmental benefits, stands as a viable solution for Ghana’s educational sector and its broader climate goals. With abundant sunshine year-round, Ghana is ideally positioned to harness solar energy, reducing the financial burden on public resources while contributing to global carbon reduction efforts.
The project was completed in January 2024 after a 1-month testing phase. The year group eagerly anticipate the handover ceremony at the 78th Speech and Prize-Giving Day of Holy Child School in Cape Coast on Saturday, 9th March 2024 marking a significant milestone in their commitment to sustainable development and quality education in Ghana.
This initiative not only lights the way for other schools grappling with similar challenges but also underscores the powerful impact of alumni engagement in shaping a brighter future for the next generation.