Young Africa Works MSME Program
Target Impact
- 50,000 (100% Women) Youth in Work
- 5,000 SMEs’ capacities built to create work opportunities
- 20 fintech start-ups supported with financing to drive financial inclusion
Status: Active
Country
Ghana
Period
Oct 2020- Sep 2025
Industries
Access to Finance
Agriculture
Digital Economy
Impact to Date
3,688
total of 3,688 businesses have received capacity building and training, with about 6,536 young people in dignified and fulfilling work.
$15.48M
From inception to date, Absa Bank Ghana has disbursed uncollateralized loans worth $15.48M to 1,292 MSMEs and smallholder farmers.
Partnership Focus
Ensuring that women-led MSMEs have access to finance.
Enabling capacity-building support for fintechs.
Deepening financial inclusion and uncollateralized lending to MSMEs in the agriculture sector.
In Partnership With
Absa Bank Ghana is a commercial bank in Ghana which is licensed by the Bank of Ghana, the country’s central bank and national banking regulator. In the year 2020, Absa Bank Ghana Limited and the Mastercard Foundation partnered to provide much-needed financial support to youth and women-led businesses operating in Fintech and agribusinesses, and smallholder farmers with partial or no collateral, to bridge the existing gap in assessing funding in line with the existing framework of the bank. Young businesses and startups with innovative business models will be enabled to scale their business.
Contact Information
URL: https://www.absa.com.gh/business/absa-young-africa-works-programme/