Ghanaian businesses urged to embrace innovation, resilience for growth

Ghanaian businesses have been praised for their innovation, resilience, and leadership in the face of economic challenges, with a call for continued transformation to drive the country’s socio-economic development.

The commendation came from Mr. Sampson Ahi, Deputy Minister of Trade, Agribusiness and Industry, during the third edition of the Ghana Business League Awards held over the weekend in Accra.

Speaking at the event, Mr. Ahi highlighted the critical role businesses play in Ghana’s economic progress. He emphasized the government’s commitment to creating a more efficient and supportive business environment through initiatives like the Business Regulatory Reforms program.

“This evening, we shine a spotlight on Ghana’s top businesses that have persevered through challenges, embraced innovation, and upheld excellence in manufacturing, supply, and service,” the Deputy Minister said.

Organized by Maven Communications, the Ghana Business League Awards provide a national platform for celebrating business excellence and promoting a vibrant enterprise ecosystem. The event supports the government’s 24-Hour Economy agenda, which seeks to expand economic opportunities across all sectors.

Mr. Ahi applauded the award recipients for turning their business ideas into successful ventures despite both local and global economic disruptions. He also commended Maven Communications for its continued support of private sector excellence and its contribution to Ghana’s broader economic reset.

He noted that current reforms aim to eliminate systemic barriers, streamline regulatory processes, and enhance governance to create a more enabling environment for business growth.

“This reflects the government’s unwavering commitment to removing long-standing challenges that have hindered businesses in Ghana from realizing their full potential,” he added.

Mr. Ahi further praised the Awards Board for implementing a tiered recognition framework that reflects the diversity of Ghana’s economic landscape. He described it as a useful tool for fostering healthy competition and encouraging performance benchmarking across industries.

He encouraged award winners to continue setting high standards both locally and globally, while offering words of encouragement to nominees who did not win, acknowledging their promise and contribution to their respective fields.

“Let us continue to work together from vision to success, toward a Ghana where every business has the opportunity to grow, compete, and contribute meaningfully to national development,” Mr. Ahi urged. Awards were presented in several categories, including Best in Innovation, Best in Healthcare Services, and Best in Agribusiness, honoring outstanding performance across various sectors of the economy.