Young Africa Works MSME Program
Status
active
Period
Oct 2020- Sep 2025
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
Impact to date
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3,688
Total of 3,688 businesses have received capacity building and training,
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6,536
About 6,536 young people in dignified and fulfilling work.
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$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.
Deepening financial inclusion and uncollateralized lending to MSMEs in the agriculture sector.
Enabling capacity-building support for fintechs.