The Ghana-China Business Chamber of Commerce has invested an additional $5 million as a credit line facility to support young Ghanaian business entrepreneurs.
This follows the offer of an earlier $20 million credit facility for young business people in the country to commemorate the 18th anniversary of the Ghana-China Business Chamber of Commerce.
The initiative forms part of the continuous support of the chamber to young Ghanaians engaged in import and export business and small and medium enterprises (SMEs).
In an interview, the Vice-Chairman and Secretary General of the Ghana-China Business Chamber of Commerce, Liu Wenmin, said the support would help many young people in the country to grow their businesses.
“We want business-oriented young Ghanaians to thrive and accelerate their determination to develop various businesses.
“There are more than 10,000 Chinese factories ready to supply these young businessmen in Ghana as quickly as possible to enable businesses in the country to flourish,” he said.
The Ghana-China Business Chamber of Commerce was established in 2003 to promote business and cooperation between the Chinese and Ghanaian business communities.
It aims to strengthen trade relations between the two countries and to bring together importers and exporters from both countries.