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Absa Unveils StartUp Banking Initiative To Support Ghanaian Start-ups

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Absa Bank Ghana has unveiled an ambitious proposition known as “Absa StartUp Banking”, a new initiative that will support the grooming and growth of Ghanaian-owned start-ups with solutions that will bring their possibilities to life.

The Absa StartUp Banking initiative, which was launched in Accra July 6, will see the bank provide start-up businesses with clear- cut and tailor-made solutions and support in key areas of Market Access, Mentorship, Visibility, among others.

The Bank in their bid to alleviate some of the financial burden, characteristic of Start-ups, is also offering free banking services such as zero commission on turnover (COT), free cheque books, free transfers and free debit card printing to start-ups.

Speaking at the virtual launch, Mrs. Abena Osei-Poku, the Managing Director of Absa Bank Ghana said “As a passionate, bold and forward-looking bank, Absa is committed to help entrepreneurs to scale up their businesses by connecting their dreams to financial services and opportunities. We are excited and motivated to do this because of our social commitment to be a Force for Good in society.”

Mrs. Osei-Poku added “We have the opportunity to help and build start-up businesses to become multinational companies. Absa has supported the development of Ghana over the past 100 years and this is another opportunity for the bank to reinforce its commitment to ensure economic development, growth and transformation.”

 

In his remarks, the Deputy Minister of Finance, Hon. Charles Adu Boahen commended Absa for launching such a courageous initiative at the time when there is global uncertainty. “This solution from Absa is not just only an important addition and enabler in our agenda towards building a strong economy for jobs and prosperity, it is also a courageous move, particularly at a time when the entire globe has been thrown into a state of uncertainty”.

“With over 100,000 students graduating from our tertiary institutions annually, it is fundamental that all key stakeholders provide support in creating an enabling environment that supports entrepreneurship, lowers the barriers of entry and leads to job creation,” he added.

“Over the last couple of years, the consistency with which Absa has shown commitment in supporting new businesses and the SME sector has been impressive.”

Starting a business can be daunting and Absa, through its StartUp Banking initiative, is calling on Ghanaians to encourage and support start-ups as well as young people with business ideas, so they can thrive and grow their business.

The Absa StartUp Banking is open to young Ghanaian businesses registered for less than three years and engaged in production of local goods and services. The initiative is designed to equip start-up businesses with relevant business skills, knowledge and opportunities to scale up.

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EVENT NEWS

VGMA 1ST NATIONAL MUSIC SUMMIT – MEET YOUR SPEAKERS

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As part of the world music day celebration and as part of the activities lined up for the VGMA Musical June, Ghana’s biggest music awards scheme introduces the VGMA National Music Summit.

The summit is to use music as a tool to drive social change and is aimed at using education to empower players in the industry to help better the lot of the sector.

The summit is to be held with limited audience but shared with millions across the VGMA official social media channels. It starts at 10am and ends at 2pm.

The 4 hour event is meant to engage Musicians, Music Producers & Managers, Distributors of Music, Music Promoters, Media and Other Industry Players nationally to discuss core industry issues.

At the end of the dialogue, a communique on the insights, conclusions and recommendations collated from the discussions will be presented to the Ministry of Tourism & Creative Arts for consideration. There will be 3 panel discussions; Royalties – The Way Forward, Music Distribution in the Digital Era and Play it LIVE.

Starting off the conversation for Royalties- The way forward, are; Munyaradzi Chanetsa, A&R Manager, Sony South Africa. Rex Omar – Chairman Ghamro and Veteran Ghanaian musician. Abraham Adjetey, President of Ghamro. Trigmatic, is a Ghanaian award winning musician, composer, songwriter and Philanthropist. Last but not least, Cynthia Quarcoo, Managing Partner, CQ Legal & Consulting.

Leading the conversations in the Music distribution in the digital era are 3 distinguished industry players with in-depth practical knowledge in their respective field of endeavor. Chioma Onuchukwu is Head of Operations at TuneCore Nigeria, Ghana, Tanzania, Sierra Leone, Liberia, Gambia & Ethiopia. Jefferson Seneadza CEO of Aftown – a digital sales platform. Munyaradzi Chanetsa, A&R Manager, Sony South Africa. Juan Gomez is the Head of African Content and Curation at Pandora Media.

CEO EKB Records a talent Management and Entertainment company and LIVE Music enthusiast Kiki Banson, will be heading the PLAY IT LIVE discussion. With support from Kwame Yeboah, a Ghanaian born, UK based multi-talented instrumentalist, producer and keyboard player and programmer and Beats Mechanic.

The event will be hosted by Rudy Kwakye – Executive Producer AfroNationGhana Festival.

The VGMA NATIONAL MUSIC SUMMIT is powered by charterhouse, partnered by Tv3, GHQR, KPMG, DStv, Media partners and proudly brought to you by Vodafone, Together We Can!

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Nanky Wins VGMA22 Unsung Initiative

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Ahead of the most prestigious music awards scheme in Ghana, Vodafone Ghana Music Awards 2021 slated for 25th and 26th June, Nanky has been announced winner of the Unsung Initiative.

The fast rising 28 year old Tema based Afro-Pop. R&B, Highlife singer who is currently signed on Sultan Incorporation was on Friday 18th June 2021 announced winner on TV3’s Showbiz 360 hosted by Giovani Caleb.

He won ahead of his competitors Oseikrom sikani, Adelaide the seer, Koby Tuesday, Kwame Yogot, Malcom Nuna, Queendalyn and Naana Blu.

Nanky, as the tradition has been since its inception in 2015, will get to perform at this year’s edition of the Vodafone Ghana Music Awards which would be held on Saturday, 26th June, 2021.

The Unsung is an initiative to project underground artistes who need the platform and exposure to make it to mainstream. Previous year’s has seen winners like Lynx Entertainment artiste Kuami Eugene, Reggae/dancehall artiste KelvynBoy among others.

The Unsung Initiative is produced by Charterhouse and brought to you by Closeup Toothpaste.

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VGMA 2021 – Ghana’s biggest music weekend beckons!

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Two nights of drama, awards, and exhilarating performances from 30 chart-topping acts will be LIVE in the spotlight at the 22nd Vodafone Ghana Music Awards.

From Efya, Kuame Eugene, Eno Barony, KiDi, Kwesi Arthur, Kofi Kinaata, Adina, Joe Mettle, Diana Hamilton, Medikal, Okyeame Kwame, through to Epixode, DopeNation, Mzvee, Sista Afia, Yaa Yaa, Dead Peepol, Yaw Tog, Gyakie, Fameye, Bethel Revival Choir, the VGMA will be the center of national attention next week Saturday.

Do well not to miss out on the two day event happening on the 25th & 26th June which will be live on TV3, Akwaaba Magic, Soundcity TV and on Ghana Music Awards, and MTV social media pages.

The VGMA is produced by Charterhouse with support from TV3, DSTV, GHQR Code and Vodafone.

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