Small and Medium scale enterprises in the Ashanti Region have been urged to adopt GrEEn concepts in growing their businesses.
With depleting and limited natural resources, businesses harnessing renewable and eco-friendly resources would facilitate their restoration.
As part of efforts to nurture and grow SMEs and corporate businesses in Ghana, the CalBank PLC and Focus 1 media have been meeting with some corporate businesses in the Ashanti region.
The stakeholder meeting was to educate and promote the adoption of an eco-conscious business environment using energy efficient and renewable resources.
The initiative is in-line with the national agenda of reducing carbon emission.
Head of Corporate Relations at CalBank, Abraham Dsane said; “We’ve partnered with some EFIs such as IFC, and AFD to get dedicated funding to support the GrEEn project.
“The project is tailored to support GrEEn investments, including renewable energy projects and energy-efficient projects that would have environmental impact.
“We are giving lower interest rates on such facilities. As a customer, if you are able to implement the project as you agreed on the contract, you are supported with up to a 10% grant component. Everyone and SMEs are eligible to apply for these loans,” he said.
The business clinic afforded businesses, opportunity to explore GrEEn financing options.
This, according to the bank, would facilitate reduced cost of business expenditure and ultimately accelerate Ghana’s GrEEn economy.
Head of SME and business banking at CalBank, Daniel Appiah said, “SMEs are the engines of a country’s economy. They are the ones who do a lot more in the economy. They produce more. They then have more influence on society.
“These corporate businesses are always complaining of spending a lot. So, once they go GrEEn, it would help reduce the cost and make more money,” he said.
- Gospel singer Prince Nyarko passes on
- Labianca case: Don’t hide behind people for your failures and deal with me – Commissioner of Customs to Special Prosecutor
- Students use UV light to cheat in exams – KNUST research reveals
- Fitch downgrades Ghana to junk status days after poor S&P grading
- Akuapem Poloo converts to Islam
- CAS grants stay on GFA ban on 21 players involved in AshGold v Inter Allies match fixing
- Policeman, KNUST student who allegedly gang-raped girl denied bail again
- Inflation rises further to 31.7% in July 2022; Transport major driver
- Take Labianca owner off Council of State – Petitioner demands after OSP recovered ¢1m in import duties shortfall
- Ghana Card will save SSNIT $126 million – SSNIT boss
Global Citizen announces line-ups for 2022 festival in Accra, New York
Prices of foodstuff will not go down despite harvest season – GSS
310 out of 100k pregnant women die during delivery – Dr Srofenyoh
U-20 Women’s World Cup: What are the numbers as Ghana play USA in opener?
Deputy Transport Minister donates GNSS RTK instrument to Geography Department of UG
Usher, Stormzy, Stonebwoy, Tems, Gyakie, others to headline Global Citizen festival in Accra
Nigerian novelist and ‘Blood Sisters’ director Biyi Bandele passes on
Commissioner of Customs denies allegations of inciting officers to strike
Monaco Diamond League: Marie-Josee Ta Lou sets new African record in 100m
Latif Abubakar, Spanish Embassy launch ‘Five Hours with Mario’
Mahama consoles family of late A.B. Crenstil
Nollywood actor charged with rape, supplying abortion drugs
Power in Yilo and Manya Krobo will only be restored when our workers feel safe – ECG
MTTD not helping fight indiscriminate lorry parking in Kumasi – Sam Pyne
Tex Styles Ghana to empower 5,000 tailors, dressmakers in 5 years