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All is set for the Official Launch of WomanRising

WomanRising The African Network of Entrepreneurs (TANOE); a social enterprise headquartered in Ghana is proud to announce the Official Launch of its flagship Project; WOMANRISING scheduled to come off on Saturday, the 3rd of October, 2015 at 3pm at the UDS Guest House adjacent the Police Headquarters, Accra, Ghana. The Launch will be preceded by an Exhibition of businesses, products and services by some members of WomanRising from 9am at the same venue stated above.

After 6 years of its existence and over 10,000 people impacted through its programs and initiatives with less than 25% being women; TANOE has found it needful to focus more attention on the development and advancement of women especially women entrepreneurs and upwardly-mobile professional women. By the establishment of WomanRising; TANOE seeks to provide personalized and result-oriented support and solutions to women in their pursuit of entrepreneurship, career advancement, financial independence, relationship building & networking, personal branding and the fulfillment of their dreams & aspirations.

In less than 3 months of its founding, WomanRising is fast becoming a reliable resource for daily inspiration from women all over Ghana, Africa and other parts of the World. With a current following of over 4000 women on several online and offline platforms; WomanRising is positioned to achieve its 5-year goals of reaching 100,000 women with access to relevant & useful information; building the capacity of 10,000 women, enhancing the personal brands and promoting productive networking of 5000 women, directly supporting 1000 women entrepreneurs and daringly raising 100 women millionaires in Africa to invest in Africa and particularly in women owned Businesses.

The Founder of TANOE & WomanRising; Ekow Mensah is overly passionate about the advancement of women and the provision of initiatives that promote equal economic, personal and social rights for women. He is very positive that WomanRising will grow into a sustainable support system powered by a caring community of women and men passionate about supporting each other to succeed in chosen careers, businesses and life in general.

Kofi Annan; a past UN Secretary General once said; “…there is no tool for development more effective than the empowerment of women and that there is no development strategy more beneficial to society as a whole – women and men alike – than the one which involves women as central players. TANOE strongly believes that the setting up of WomanRising is a step in the right direction and looks forward to the support of various stakeholders and to collaborate with already existing women-focused organizations to massively and sustainably provide the support needed to enable women to truly and unrestrictedly rise and succeed in life.

Come join us Launch WomanRising on Saturday the 3rd of October at 3pm at the UDS Guest House adjacent the Police Headquarters, Accra, Ghana. Come early to support and patronize the products and services of exhibitors during the pre-launch exhibitions dubbed WRshopaholic.

Women are powerful by themselves but together they are unstoppable. Come join us make a difference and equip women to succeed.

 WomanRising Contact Details

 Location

TANOEHub, Dansoman

opposite Krisview Hotel,

Accra, Ghana

Telephone Numbers

0540-224099, 0277-378876, 0261704882

Email: womanrising@tanoe.org

Website: www.womanrising.org

Facebook: www.facebook.com/womanrising.org

Twitter: www.twitter.com/womanrising_org

Instagram: www.instagram.com/womanrising_org

 

 

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EATON Africa signs a partnership deal with INTU-gROUP Ghana

#EATONINTUGHANAGlobal power management company, Eaton International Industries, has signed a Memorandum of Understanding with INTU-gROUP, a wholly owned Ghanaian company, with interest in Oil & Gas, Mining Logistics, Information Technology, Finance and Real Estate.

The deal enables INTU-gROUP warehouse and market Eaton products, delivering business process improvements and solutions at competitive prices to its customers.

Eaton, which specialises in helping customers manage electrical, hydraulic and mechanical power more reliably, efficiently, safely and sustainably, employs over 103,000 people worldwide and serves customers in 175 countries.

In Africa, the company focuses on the creation of customised solutions to meet customers’ specific power management needs.

Speaking at the signing ceremony, Shane Kilfoil, Managing Director for Africa – Eaton Electrical Sector said Eaton will continue to build a more energy-efficient West Africa through partnership with local agencies and companies.

“The partnership with INTU-gROUP will enable Eaton to provide advanced power management technologies to enable businesses to do more with less energy in an emerging market like Ghana,” said Kilfoil. “Eaton is therefore delighted that this signing ceremony will further bring Eaton closer to its customers in Ghana and the West Africa region.”

#EATONINTUGHANA

“Our knowledge of the Ghanaian market added to decades of providing customised services to our partners, positions INTU-gROUP as the go-to company, in this partnership with global energy giant, Eaton Industries,” said Bryan Acheampong, INTU-gROUP Chief Executive Officer.

“This partnership will no doubt catalyse sustainable growth in Ghana’s energy sector; providing individuals and businesses with sustainable and reliable energy source,” he added.

As Eaton continues to explore veritable avenues to serve the needs of its customers in Ghana, Eaton is committed to building business relationships across West Africa region, providing energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power more efficiently, sustainably and safely.

#EATONINTUGHANAShane Kilfoil announced that Eaton will be leveraging its expertise and capabilities in Africa through its manufacturing facilities in South Africa, Morocco and Tunisia, its extensive distributor network and a dedicated team of 900 employees across the region to support the US Government’s Power Africa initiative in Ghana, Liberia, Kenya, Tanzania, Nigeria and Ethiopia

SOURCE: www.myjoyonline.com

 

BUSINESS INVESTMENT ELIGIBILITY WORKSHOP

GSC Fund Event

It’s time to get to the next level in your ideas, your business or your projects. Join us for the Business Investment Eligibility Workshop on the 31st of July @ 11am at the TANOE Secretariat.
Come find out why you may or may not get investors to invest in your business. Come find out why it’s nearly impossible to get start-up capital for your project or business. Come let’s examine what is missing in your business or project and why you seem to struggle to start or grow your business and Come get the help you need to make your business attractive to investors globally and also to grow into a competitive brand.

Call 0307-034585 or email gscfund@tanoe.org to register.

ENTREPRENEURS UNITE

Many small businesses in America today are hanging on by a thread. They are comprised of motivated individuals with great ideas about ways to create jobs and lift the country out of this malaise and economic nightmare. However, there is a severe lack of capital available in the aftermath of one of the worse recessions/depressions this world has experienced. Cash strapped banks having received Bailout Funds are sitting on large deposits and refusing to lend. Small business owners are frustrated because despite their best efforts to maintain or grow their company, they are facing an uphill battle.

1. They are locked out from Bank Loans. Reasons given by the banks:

A. They do not have a high enough Debt/Equity ratio to warrant much needed capital advances. Money which they need in order to hire adequate staff with the skills that will enable their companies to successfully compete for international, federal and state contracts.

B. While several of them do not have any significant outstanding debts, they also do not have a viable revenue stream. Their customer base has been drastically decimated due to the recent global depression. Operations cost far outstripped their revenue streams and many have been forced to file for Chapter 11/13 bankruptcy.

Even with well-laid recovery plans, several of these organizations have not been able to emerge from bankruptcy.

2. While the United States Small Business Administration (SBA – SBIR/STIR) is struggling to create financing alliances for struggling start-ups and other small businesses, many of the cash rich financial institutions who are recipients of Federal Assistance are unwilling to stimulate the economy by lending to seasoned entrepreneurs with established backgrounds / experience. Based on the much more stringent (unrealistic) financing policies put in place following the economic downturn, several companies are no longer eligible for Letters of Credit or Letters of Guarantee.

Several of these companies are investigating new financing options besides traditional banks & Venture Capital. Perhaps a new model of Angel Investing with a commitment to “Evergreen Funding” will be a good start. Meanwhile it is critical that they gain access to capital in order to hire skilled Americans looking for work.

Observation:

This is a good time for innovative thinkers to create new funding structures and financial instruments that will empower risk-takers in our midst. Let us encourage entrepreneurs to deliver new services and develop exciting products that will stimulate the imagination and enhance the human experience.

Preston G.M. Williams III

M.Sc. • CPA • CIS

Senior Partner & CIO

GBC® Global Services

Information Technology Solutions

Internet: http://www.gbc-inc.net

Twitter: PrestonW

Date: November 11, 2010

 

Speech by Ekow Mensah, Founder and Country Director of The African Network Of Entrepreneurs (TANOE) and the Ghana Start-Up Capital Fund at the Youth Economic Dialogue 2011 at the British Council on 15th July, 2011.

Honourable Minister of Communications, Mr. Haruna Iddrisu, Honourable Members of Parliament, distinguished representatives of so many countries, panel members, special invited guests and fellow youth.

We witness today, what will go down in history as one of the most innovative and informative platforms for the examination and promotion of new media and a strategic effort at building synergies amongst the youth of this great nation as well as bridging generational gap to foster a productive partnership in an effort to build a better Ghana. Being the 1st of many to come, I and my organization The African Network of Entrepreneurs (TANOE) are highly privileged to be part of the Youth Economic Dialogues. We salute the Youth Action Forum for Networking (YAFNet) for this great and timely initiative and the support received from all gathered.

It is disheartening indeed that the moment one decides to defy the status quo and be unique; being an entrepreneur instead of looking for a ‘well-paying job’; the odds seem to turn on them and the joy of being innovative and seeing their vision being transformed into reality through their products and services, seems to diminish. The life of fulfillment that comes with being an entrepreneur or an innovator seems to turn into a life of struggle, immense difficulties and survival. Indeed, nobody said it will be easy but does it have to be so difficult to start, grow and sustain a business especially in Ghana; a country that is blessed with almost every economic resource but saddled with massive lack in resources  to promote innovation and entrepreneurship!

Of course the government is doing what it believes will help but most importantly gain them political points. As needful as these interventions may be, they still lack the elements worthy of putting Ghana on the global economic map for the massive promotion and development of innovation and entrepreneurship. Interventions, such as, the Ghana Venture Capital Fund, whose operation now, from my point of view, is not too different from the banks; with their back-breaking requirements and unbearably long waiting periods for funds. This makes it impossible for young, talented, passionate, innovative and educated individuals and groups to access the funds. So, obviously, we cannot depend on the government alone to ease the burden of entrepreneurship and innovation.

The way forward I believe, is the formation of productive and sustained networks. I don’t know why but I guess it’s a human thing or particularly an ‘African’ thing. We never work together, never! We all prefer to work in our own small corners, doing our own small things and as most people put it ‘minding our own businesses’. That wouldn’t even be a problem if we were really minding our own businesses but we get caught up in being copy-cats and imitators and eventually mess up great initiatives. Our Predecessors; our mentors and role models feel threatened by our innovation, passion and speed and secretly and sometimes even openly shamelessly sabotage us…it’s sad indeed.

The Ghana Start-Up Capital Fund (the GSC Fund) is a self-help initiative by The African Network of Entrepreneurs (TANOE), a social enterprise, to raise, in a decade or less, GH¢10,000,000 (Ten Million Ghana Cedis) through donations and contributions by entrepreneurs, individuals, organizations, local and international donors, strategic investments and fund-raising activities to support the development of entrepreneurship and to directly invest in innovative and economically viable ideas and start-up businesses. This, we believe, will greatly contribute to the development of the capacities of the youth, reduce unemployment, increase entrepreneurial activity in Ghana and promote entrepreneurship as a viable career option.

With a mission to build the largest and most functional database of entrepreneurs and prospective target groups and getting them constantly informed and educated enough to join the GSC fund; the need for the application of the New Media cannot be over emphasized. In barely 1 month after the introduction of the GSC Fund through the use of the New Media such as the internet through social media platforms like facebook, twitter and linkedin and by the creation of websites and blogs, GSC Fund has attracted over 3000 people from all over the world and currently boasts of over 10,000 following. Though the GSC Fund is not fully functional yet; awaiting the completion of necessary documentation, I can confidently say that meeting our target of GHc10,000,000 may be much earlier than in 10 years as a result of the substantial use of the New Media.

Despite the success derived so far from getting entrepreneurs and prospective target group consistently updated through the New Media, there are immense challenges being faced and hopefully through platforms such as these, we can address and find solutions to them with a focus on  influencing policy.

Note-worthy of these challenges are:

  1. Online Payments: The inability of contributors of the GSC Fund to make payments or contributions online.
  2. Access: The inability to reach a broader target group especially those in places where internet access is absent in Ghana.
  3. Cynical Perceptions: the tendency of target groups to doubt the authenticity of the initiative due to the prevailing and alarming existence of online fraud.
  4. Speed of Internet: the speed of internet, especially in most homes and offices in Ghana make it difficult to easily upload, download and stream audios, videos and conduct webinars and online conferences.
  5. Inefficient Applications: the inefficiency in the private and public sectors on the use and relevance of New Media

Despite these challenges, the application of New Media still remains our best bet at fostering a sense of belonging amongst target groups and entrepreneurs in building, sustaining and utilizing the GSC Fund.

Henry Ford, a prominent American entrepreneur, once said “Coming together is a beginning. Keeping together is progress. Working together is success.” Evidently, success in entrepreneurship lies in building productive synergies and instead of talking and complaining, we should come together, each with their skills sets and resources to create that enabling environment we so much desire in Ghana. In Genesis 11:6 (on the tower of Babel), God said “If as one people speaking the same language they have begun to do this, then nothing they plan to do will be impossible for them.” (NIV) Undoubtedly, when we are unified in purpose, we can accomplish seemingly impossible things…it’s time to come together to build our destinies…join us make the GHANA START-UP CAPITAL FUND a reality and a tremendous success!

For more information on the GSC Fund please visit our website www.gscfund.org or our blog www.gscfund.wordpress.com.

Thank You for your attention and God bless us all!

The Need for the Formation of Productive Synergies in the Creation of an enabling environment for Entrepreneurship Development By Ekow Mensah

By: Ekow Mensah: http://www.facebook.com/pages/Ekow-Mensah-Entrepreneurial-Minded/152289474845005

It is disheartening indeed that the moment you decide to defy the status quo and be unique, being an entrepreneur instead of looking for a well-paying job; the odds seem to turn on you and the joy of being innovative and seeing your vision being transformed into reality through your products and services, seems to diminish. The life of fulfillment that comes with being an entrepreneur or an innovator seems to turn into a life of struggle, immense difficulties and survival. Indeed, nobody said it will be easy but does it have to be so ‘damn hard’ especially in Ghana, a country that seems to be blessed with everything but strained with massive lack in resources to promote innovation and entrepreneurship!

 Of course the government is doing what it believes will help and most importantly gain them political points, so most of their interventions, as they call it, are tailored to meet the ‘needs’ of the indigenous masses who by the way, work just to put food on the table and really are not too much concerned with innovation, international standards and going global with their crafts. As needful as these interventions may be, they still lack the elements worthy of putting Ghana on the global economic map. Initiatives such as the Ghana Venture Capital Fund, whose operation is not too different from the banks now, with back-breaking requirements and unbearably long waiting times for funds, make it impossible for young, talented, passionate, innovative and educated individuals and groups to access the funds. So, obviously, we can not depend on the government alone to ease the burden of entrepreneurship and innovation.

The way forward I believe, is the formation of formidable and productive networks. I don’t know why but i guess it’s a human thing or particularly a ‘black’ thing. We never work together, never! We all prefer to work in our own small corners, doing our own small things and as most people put it ‘minding our own business’. That wouldn’t even be a problem if we were minding our own businesses but we get caught up in being copy-cats and imitators and eventually mess up great initiatives. Predecessors; our mentors and role models feel threatened by our innovation, passion and speed and secretly and even openly shamelessly sabotage us…it’s sad.

Henry Ford once said “Coming together is a beginning. Keeping together is progress. Working together is success.” Evidently success in entrepreneurship lies in building productive synergies and instead of talking and complaining, we should come together, each with their skills sets and resources to create that enabling environment we so much desire in Ghana. In Genesis 11:6 (on the tower of Babel), God said “If as one people speaking the same language they have begun to do this, then nothing they plan to do will be impossible for them.” (NIV) God realizes that when people are unified in purpose they can accomplish impossible feats…it’s time to come together to build our destinies…join us make the GHANA START-UP CAPITAL FUND a reality and a tremendous success… http://www.facebook.com/home.php?sk=group_185907504791286