The government is making a significant investment in local enterprise growth through the newly launched Kwahu Business Forum, with the goal of supporting over 600 businesses by the end of President John Mahama's current term.

Chief of Staff Julius Debrah, speaking to the media at Jubilee House on Monday, April 14, 2025, emphasised the administration's strong support for the initiative.

“We are discussing it at the presidency because of the importance the President attaches to it. This is a project he wants to see succeed,” Debrah affirmed.

The forum, which debuted in Kwahu, is already attracting interest from financial institutions.

According to Debrah, participating banks are expected to select five promising, bankable projects this year.

“The first strategy the bankers themselves suggested is that each bank that participates will choose five bankable projects for this year. And they expect that next year, when we return to Kwahu, they will invite those five beneficiaries to come and share their experiences,” he explained.

This model, if sustained, could significantly transform Ghana’s entrepreneurial landscape. “If this continues for the next five years, with each bank selecting a minimum of five enterprises, I’m confident that by the end of the President’s four-year term, we’ll have over 600 enterprises to highlight as successes that President Mahama initiated,” Debrah noted.

While the forum is currently branded as the Kwahu Business Forum, there are aspirations for broader expansion.

“Even though the name is Kwahu Business Forum, I believe that in the future, it could become a national event, where business people from all over the country travel to Kwahu to interact with bankers and public institutions,” he said.

Debrah also hinted at expanding the forum's scope to include agencies like the Ghana Revenue Authority (GRA).

“For example, it might be possible that next year, the Commissioner General of GRA could be present to explain to businesses the benefits and opportunities available to them,” he added.