Absa, GNCCI partner to spotlight budget opportunities for private Sector
Absa Bank Ghana and the Ghana National Chamber of Commerce and Industry (GNCCI) have partnered to help Ghanaian businesses appreciate and respond to the opportunities presented in the 2025 national budget.
The fifth edition of the Chamber National Dialogue Series was organised by GNCCI in partnership with Absa Bank, and served as a platform for dialogue on how the private sector can strategically respond to the government’s budget priorities.
Speaking at the event, Dr Edward Nartey Botchway, Managing Director of Absa Bank Ghana, said, “In this climate, businesses must sharpen their value proposition and remain attuned to policy direction, identifying the areas government prioritises and ensuring their offerings speak clearly to national development goals.”
He also outlined how Absa Bank is positioned to support its customers to take advantage of those opportunities, highlighting the bank’s SME Loan at 10 per cent per annum in partnership with the Mastercard Foundation, an initiative which has provided over US$84 million to more than 7,000 SMEs.
Dr Botchway also indicated that Absa’s broader support for businesses navigating the current economic climate.
“These include trade finance and investment banking solutions that help businesses access global markets, optimise supply chains, and structure long-term financing. He also referenced the bank’s risk management offerings like currency hedging to help businesses navigate volatility and protect their margins,” he explained.
In furtherance, he called on businesses to take action, stressing Absa Bank’s readiness to support their endeavours, adding that, “At the end of the day, it is the actions we take that will make a difference. Absa stands ready to support businesses navigating this landscape, ensuring they are equipped to take full advantage of the opportunities ahead.”
The Chamber National Dialogue Series, in partnership with Absa Bank, brought together policymakers, academics, business leaders and financial sector representatives to analyse the 2025 National Budget and explore ways the private sector can capitalise on its provisions.
