The Venture Capital Trust Fund (VCTF) has committed GH¢35million to the Zinari Women’s Enterprise Fund (Z-WEF)—the nation’s first fund dedicated to supporting women-led enterprises.

Focused on empowering small and medium-sized businesses (SMEs) led by women, this fund will drive growth in vital sectors such as food and agriculture as well as manufacturing and consumer goods, reinforcing the country’s commitment to gender equity and economic development.

The signing ceremony, held at VCTF’s Accra offices, brought together a diverse group of stakeholders, including the Board Chairman of VCTF and the Director of the Ghana Enterprises Transformation Project (GETP). With VCTF’s GH¢35million commitment, the Z-WEF has successfully reached its first close and continues fundraising toward its GH¢120million target.

https://thebftonline.com/2024/12/12/vctf-commits-gh%C2%A235m-to-empower-women-led-businesses