Discussions on SMEs and Entrepreneurship with the French Ambassador to Ghana – H.E Anne-Sophie Avé

&NewLine;<p>MSM&colon; Hello&comma; and welcome to&nbsp&semi;My&nbsp&semi;Story Magazine&period; We are privileged and elated to have with us&nbsp&semi;Her Excellency Anne-Sophie Avé&nbsp&semi;&&num;8211&semi;&nbsp&semi;I call her&nbsp&semi;versatile&period;&nbsp&semi;You&&num;8217&semi;re welcome&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>H E&colon;&nbsp&semi;Thank you&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;www&period;mystorymagazine&period;com&sol;wp-content&sol;uploads&sol;2022&sol;03&sol;CEE4D85D-2E8E-4A49-9C4A-F550502C3D69-724x1024&period;jpeg" alt&equals;"" class&equals;"wp-image-10404"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>DISCUSSIONS ON ENTREPRENEURSHIP<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>MSM&colon; What are your thoughts on the idea of entrepreneurship in Africa&quest; What do you think Africa is doing differently when it comes to entrepreneurship&quest; Or what did you think that Africa or even particularly Ghana needs to develop when it comes to the subject of entrepreneurship&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-black-color has-white-background-color has-text-color has-background">HE&colon; I think what&nbsp&semi;Ghanaian entrepreneurs&nbsp&semi;need to develop is their&nbsp&semi;self-confidence&period; They have incredible creativity&comma;&nbsp&semi;dynamism&comma; enthusiasm and yet they are facing hurdles&period; Access to capital is one&comma; structuring governance is another one&period;&nbsp&semi;It&&num;8217&semi;s a different job being creative&comma;&nbsp&semi;innovative&comma; making a product or a service&comma; and then running a company that is something quite formal&period; After all&comma;&nbsp&semi;they&nbsp&semi;have to be able to present and pitch&nbsp&semi;their&nbsp&semi;business to bankers and these bankers or investment partners will need&nbsp&semi;a&nbsp&semi;formal presentation so that they can see where the entrepreneurs want to go&nbsp&semi;and know how to&nbsp&semi;get&nbsp&semi;on board&period; And I think that they have the first ingredients&semi; enthusiasm&comma; dynamism&comma; creativity&comma; genius sometimes&comma;&nbsp&semi;and&nbsp&semi;what&nbsp&semi;they&nbsp&semi;need&nbsp&semi;is help&nbsp&semi;for&nbsp&semi;them&nbsp&semi;to&nbsp&semi;grow from a brilliant idea&comma;&nbsp&semi;test and experience&nbsp&semi;it to see if it&nbsp&semi;is working on a small scale to grow up to a bigger scale&period; I think that&nbsp&semi;there is such a strong dynamic&nbsp&semi;in Ghana&comma;&nbsp&semi;hence&nbsp&semi;so many people&nbsp&semi;who are creative and want&nbsp&semi;to run their business say&nbsp&semi;&OpenCurlyDoubleQuote;I cannot start a business until I have capital&comma; and I need capital to start a business”&period;&nbsp&semi;Yes&comma; indeed you may need&nbsp&semi;some capital&comma; but when you look at the businesses that are&nbsp&semi;now international&comma; for instance&nbsp&semi;I&&num;8217&semi;m thinking of&nbsp&semi;one&nbsp&semi;French&nbsp&semi;shop&nbsp&semi;that you can now find at every corner of every street&comma;&nbsp&semi;which is&nbsp&semi;called Nicolas&period; The guy started by buying one bottle of wine and selling it back&period;&nbsp&semi;With&nbsp&semi;the little profit&comma; he bought another bottle and then sold it and then made&nbsp&semi;more&nbsp&semi;profit&period;&nbsp&semi;He was able to buy two bottles and sell them&comma;&nbsp&semi;and with the little profit&nbsp&semi;continued the process&period;&nbsp&semi;He started&nbsp&semi;very small&nbsp&semi;and he&nbsp&semi;is&nbsp&semi;now&nbsp&semi;selling millions of bottles everywhere in France and internationally&period; So yes&comma; you may need a little money to start buying the first bottle&comma; but thinking too big from the very beginning&nbsp&semi;is&nbsp&semi;not necessary&period; I see many&nbsp&semi;entrepreneurs who have a good idea and come and say&comma; I need a million to get started&period; It cannot work like that&comma; you should start very small to test the market&comma; your product&comma; your services&comma; and if you can show that it works on a small scale&comma; then you will find partners who will say&comma; okay&comma; let&&num;8217&semi;s expand&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>DISCUSSIONS ON SMEs&nbsp&semi;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>MSM&colon; How&nbsp&semi;are&nbsp&semi;you helping people from France to be able to set up properly here in Ghana&quest;&nbsp&semi;In this era of digitization&comma;&nbsp&semi;are&nbsp&semi;there any projects that the&nbsp&semi;Embassy is focusing on&nbsp&semi;with regards to&nbsp&semi;startups or SMEs in Ghana and&nbsp&semi;as well as&nbsp&semi;in France&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>HE&colon; There are two different&nbsp&semi;things&period;&nbsp&semi;On one hand&comma; we are helping French companies to settle here by explaining the regulations and the business climate&nbsp&semi;in Ghana&period; On the other hand&comma; we are helping Ghanaian&nbsp&semi;startups and&nbsp&semi;SMEs to develop through grants&nbsp&semi;and&nbsp&semi;loans with better rates&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Digitization is another thing that we are doing&nbsp&semi;by&nbsp&semi;helping companies to go digital&nbsp&semi;and&nbsp&semi;to be able to sell their products through&nbsp&semi;online&nbsp&semi;platforms&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>We are also working on a project that would be like a virtual business centre&comma;&nbsp&semi;where&nbsp&semi;companies&nbsp&semi;would be able to&nbsp&semi;find every information they need&semi;&nbsp&semi;from the regulations&comma; tax-payments&comma;&nbsp&semi;how to start a business&comma; how to make a provisional budget&comma; how to do strategic marketing communication&comma;&nbsp&semi;and&nbsp&semi;how to improve theirgovernance&period; One would also be able to learn how&nbsp&semi;to&nbsp&semi;prepare the necessary documents&nbsp&semi;so that&nbsp&semi;they&nbsp&semi;can go and meet bankers or investors&nbsp&semi;to&nbsp&semi;pitch&nbsp&semi;their&nbsp&semi;company&nbsp&semi;or&nbsp&semi;project&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-full"><img src&equals;"https&colon;&sol;&sol;www&period;mystorymagazine&period;com&sol;wp-content&sol;uploads&sol;2022&sol;07&sol;34C887D5-B36F-4546-A7FE-5B12A816D517&period;jpeg" alt&equals;"" class&equals;"wp-image-10503"&sol;><&sol;figure>&NewLine;

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