Participants at the Access Bank SME workshop
ACCESS BANK has organised a workshop in Accra on digitalisation to help players in the sector take advantage of opportunities and scale up their businesses.
Themed, “Remodeling for Excellence through Digitalisation”, the workshop was to support small and medium enterprises (SMEs) to add value to their businesses and become more competitive. Participants were urged to assess the impact of the coronavirus (COVID-19) pandemic on their operations to enable them undertake effective remodelling of their business structure to stay afloat.
Co-founder of Lead Afrique, Michael Ohene-Effah, who facilitated the workshop, observed that remodelling would help position MSMEs to transform their operations in order to be resilient and more sustainable in the future.
He reiterated that rather than staying idle, small businesses were required to start assessing their operations and respond accordingly with solutions that could restore them on the path of growth.
“Assessing and responding effectively would differentiate businesses that would ride through the storm to success and those who would be disintegrated and close down their operations,” Mr. Effah added.
Zonal Head of Business Banking, Jones Darmoe, in a remark, said the pandemic was impacting small and medium enterprises in unprecedented ways and as such, digitalisation was a sure bet to navigate the challenges presented.
“Investing in small businesses, and helping them achieve their full, digital potential, will ensure a stronger, future-proof Ghana and Access Bank is happy to be spearheading this narrative,” he added.
The workshop had about 50 SMEs participating to enhance their knowledge in the sector.
Access Bank is leading the way with investments in key sectors of the economy including telecommunications, energy, oil and gas, manufacturing and agriculture. These have contributed to the bank being recognised in various awards including the 2020 Global Financial Inclusion Award by The Banker Magazine.