The Ministry of Trade, Agribusiness and Industry has convened stakeholders to roll out a new private sector and innovation programme aimed at boosting job creation and economic growth, with a focus on agribusiness and the digital economy.
The initiative, known as the Private Sector and Innovation Promotion (PSinno) Programme, is being implemented in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit and commissioned by Germany’s Federal Ministry for Economic Cooperation and Development.
At a meeting, Programme Manager Arlett Stankovic said the initiative is designed to strengthen Ghana’s economic development through innovation and strategic collaboration between the public and private sectors.
Participants were divided into thematic groups covering the business environment, agribusiness and the digital economy, with each outlining priority areas including access to finance, regulatory bottlenecks and the need for technology-driven growth.
The programme forms part of Germany’s broader “Invest for Jobs” initiative, which seeks to promote competitive, employment-driven development. John Duti said the PSinno Programme will target selected sectors nationwide, with a particular focus on northern Ghana.
He said the initiative aims to leverage innovation to create income and employment opportunities, especially for small and medium-sized enterprises. Officials from the trade ministry and other government departments used the session to highlight ongoing reforms and outline priorities to improve competitiveness, including support for MSMEs and measures to strengthen the business climate.
The session, chaired by Cynthia Djokoto, Director of Micro, Small and Medium Enterprises at the ministry, brought together government agencies and industry players to identify barriers and opportunities across key sectors.
The stakeholder engagement is part of efforts to align the program with Ghana’s national development agenda, as authorities look to accelerate inclusive growth and reduce unemployment through private sector-led expansion.
