Close Menu
    Trending
    • We all need stronger voices to challenge us
    • Top 10 fashion trends of 2025 so far
    • 6 Foods You Should Avoid If You Are Trying to Gain Weight
    • Ghana Hubs Network rallies innovation ecosystem for resilience and inclusion
    • Daddy Lumba’s death: Ghana still mourns one week after passing of a legend
    • Ghanaian winger Christopher Antwi-Adjei assists a goal for Schalke in Bundesliga 2 opening weekend win against Hertha Berlin
    • I regret having over 277 houses in Ghana – Kennedy Agyapong rues ‘wasted’ investment
    • There’s no 5G in Ghana – Sam George fires Akufo-Addo government over 'fake launch'
    zamzamupdate.com/ News on the GO
    • Home
    • Ghana News
    • News Updates
    • Sports
    • Business
    • Politics
    • Entertainment
    zamzamupdate.com/ News on the GO
    Home»Business»Venture Capital Association welcomes new VCTF CEO, applauds Fund’s technical team
    Business

    Venture Capital Association welcomes new VCTF CEO, applauds Fund’s technical team

    ZamZam UpdateBy ZamZam UpdateMarch 15, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Enterprise Capital Affiliation has congratulated Michael Abbey on his new appointment because the Chief Government Officer of the Enterprise Capital Belief Fund (VCTF).

    In accordance with the affiliation, this establishment is on the coronary heart of Ghana’s personal fairness (PE) and enterprise capital (VC) ecosystem, and its management performs a pivotal function in strengthening the nation’s funding panorama.

    In a message, it stated the VCTF’s mandate is about structuring and deploying capital in a manner that ensures long-term financial affect. This requires a deep understanding of funding administration, fund structuring, SME financing, and coverage advocacy—all of that are crucial in sustaining investor confidence and making certain sustained capital flows into Ghana’s financial system.

    What the Business Expects from VCTF’s Management

    The Enterprise Capital Belief Fund was established by an Act of Parliament as a long-term car to bridge Ghana’s SME financing hole and construct a sustainable personal capital market. To make sure that it continues delivering on its mandate, the trade expects the brand new management to concentrate on the next:

    1. Strengthening Capital Mobilization and Deployment

    Partaking pension funds, insurance coverage companies, and institutional traders to drive native funding into VC and PE funds.

    Guaranteeing that capital is allotted strategically to high-impact companies that contribute to job creation and financial progress.

    2. Enhancing Investor Confidence and Governance

    Sustaining transparency and accountability in fund administration to maintain investor belief.

    Strengthening company governance buildings to align with international greatest practices in fund administration.

    Partaking international growth finance establishments (DFIs), sovereign funds, and affect traders to unlock extra capital for the sector.

    3. Driving Coverage Advocacy and Ecosystem Improvement

    Partnering with the Ministry of Finance, SEC, NPRA, and personal sector stakeholders to advance regulatory reforms that improve the funding local weather.

    Finalizing the Restricted Partnerships Act, which is essential to attracting extra personal capital.

    Advocating for incentives that encourage native and worldwide traders to take part in enterprise funds and SME financing.

    Actively supporting the trade by way of the GVCA – the private-sector member-based trade affiliation for VC/PE.

    GVCA’s Dedication to Business Development and Collaboration

    The Ghana Enterprise Capital and Non-public Fairness Affiliation (GVCA) has been instrumental in constructing a thriving personal capital ecosystem by way of coverage advocacy to strengthen funding rules and capital deployment; investor engagement with each home and worldwide stakeholders; capability constructing to reinforce trade experience and market confidence; supporting the skilled growth of funding managers to make sure best-in-class fund administration practices, amongst others.

    “We recognise that the success of VCTF’s new management will likely be measured by its capability to implement these crucial priorities. GVCA stands able to collaborate and provide technical experience to make sure that Ghana’s personal capital trade stays robust, globally aggressive, and impactful”, it stated.

    It added that the brand new CEO’s appointment is a turning level for Ghana’s funding panorama, noting “GVCA and the remainder of the PE and VC trade is raring to work alongside VCTF’s management to make sure that personal capital continues to energy financial transformation, unlock alternatives for native entrepreneurs, and create sustainable jobs”.

    It concluded expressing confidence in a powerful, technically sound management that delivers on these expectations and strengthens Ghana’s place as a number one funding vacation spot in Africa.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially symbolize the views or coverage of Multimedia Group Restricted.



    Source link
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article‘Implement new strategy to fight galamsey’
    Next Article Pres. Mahama charges IGP Yohonu to tackle 3 major issues
    ZamZam Update
    • Website

    Related Posts

    Business

    Ghana Hubs Network rallies innovation ecosystem for resilience and inclusion

    August 2, 2025
    Business

    Ghana Entrepreneurs Foundation honours distinguished business leaders at 15th anniversary gala

    August 2, 2025
    Business

    CSIR-CRI scientists target malnutrition and food security with new climate-smart beans varieties

    August 2, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    BoG likely to maintain status quo on policy rate – Deloitte

    June 1, 2025

    UKGCC workshop explores policy gaps hindering startup growth in Ghana

    April 16, 2025

    Referee beaten days after fatal stabbing of fan at Ghana league match (Video)

    February 16, 2025

    Who is the richest King in the world? Top 10 world’s richest monarchs

    June 10, 2025

    Visually challenged UG student graduates with 4.0 final GPA

    February 12, 2025
    Categories
    • Business
    • Entertainment
    • Ghana News
    • News Updates
    • Politics
    • Sports
    Most Popular

    We all need stronger voices to challenge us

    August 2, 2025

    GBA Bartenders Masterclass returns to redefine mixology in Ghana

    February 2, 2025

    Breaking News: Unknown person stabbed Asante Kotoko diehard supporter Pooley to death

    February 2, 2025
    Our Picks

    Mid-Year Budget: Gov’t to construct 5,000km of roads in next 3 years – Finance minister

    July 24, 2025

    Arsenal look to overcome trophyless run with Gyokeres signing

    July 25, 2025

    7 Things women must never spend their money on – Number 2 is very important

    March 10, 2025
    Categories
    • Business
    • Entertainment
    • Ghana News
    • News Updates
    • Politics
    • Sports
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Zamzamupdate.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.