‎CBG and YAWC Network Sign Landmark MoU to Empower 500,000 Ghanaian Women Entrepreneurs ‎

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Story By Azaglo Michael 


In a major step toward economic inclusion, the Young African Women Congress (YAWC) Network has officially signed a Memorandum of Understanding (MoU) with Consolidated Bank Ghana (CBG). This strategic, the partnership is designed to scale support for women-led businesses, bridge existing gender gaps, and champion financial inclusion for female entrepreneurs across Ghana.

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Speaking to members of the press, Daniel Osei Tuffuor, Founder and Executive Chairperson of the YAWC Network, emphasized that this agreement goes far beyond a standard corporate alliance.

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Daniel Osei Tuffuor, Founder and Executive Chairperson of the YAWC Network

‎"This MoU is a shared commitment to actively support women-owned enterprises. By creating tangible opportunities, we are directly contributing to sustainable economic growth and community development across the nation," Tuffuor stated.

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‎To tackle deep-seated gender disparities in the Ghanaian business landscape, the Young African Women Entrepreneur Fellowship Program has been established.

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‎Mr. Tuffuor noted that despite past efforts, female entrepreneurs in Ghana continue to face disproportionate hurdles, particularly regarding capital access and professional mentorship.

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‎To directly address these barriers, the partnership will provide targeted financial literacy training, mentorship, and capacity-building resources to over 500,000 women entrepreneurs, equipping them with the tools required to scale successful enterprises.

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‎The Managing Director of CBG, Dr. Naomi Wolali Kwetey, expressed the bank's pride in aligning with a high-impact organization like the YAWC Network.

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Managing Director of CBG, Dr. Naomi Wolali Kwetey


‎She announced that the joint global campaign for mentorship and advocacy will run for many years.

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‎Dr. Kwetey reaffirmed CBG's dedication to ensuring that Ghanaian women have uninterrupted access to the critical resources, funding, and mentorship networks necessary to thrive in a competitive market.

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‎Aligning with Bank of Ghana Directives

‎Highlighting the structural mechanics of the partnership, Diana Aboakye, Head of the Micro Segment at CBG, explained that financial literacy coupled with accessible credit lies at the heart of the bank's mission.

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Diana Aboakye, Head of the Micro Segment at CBG

‎Importantly, Mrs. Aboakye underscored how this initiative aligns with national regulatory frameworks. CBG's dedicated women's banking segment directly complies with the Bank of Ghana’s directives urging commercial banks to establish specialized desks for women.

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‎Partnership Objective Target Demographics Key Deliverables

‎Financial Literacy 500,000 Women Entrepreneurs Targeted training, business scaling tools

‎Credit & Capital Access Urban & Rural Female Executives Tailored loan facilities, micro-segment support

‎Mentorship & Advocacy National & Global Reach

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‎A primary focus of this rollout will be reaching underserved women in rural areas. Mrs. Aboakye concluded with an open call to action, advising all interested women entrepreneurs to visit any CBG branch nationwide to benefit from the newly launched program.

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