President John Dramani Mahama
President John Dramani Mahama has announced that the newly launched Adwumawura Program will lead to the creation of 40,000 Ghanaian-owned businesses over the next four years, translating to 10,000 new businesses annually.
The initiative is designed to stimulate youth employment, entrepreneurship, and innovation across key sectors of the Ghanaian economy.
Speaking at the official launch of the project at the Prempeh Assembly Hall in Kumasi on April 28, 2025, President Mahama stated, “Our goal is to create at least 10,000 Ghanaian youth-owned businesses every year over a four-year period.”
He emphasised that the Adwumawura program is not merely a policy initiative but a cornerstone of his 2024 campaign promises.
“The Adwumawura program, which we are launching today, is a flagship fulfilment of that promise. It is a declaration of faith in the extraordinary potential of the Ghanaian youth,” he said.
“It is our commitment to nurturing their ambitions and translating their ideas into thriving enterprises that will drive our nation’s progress.”
Under the program, beneficiaries will receive comprehensive support, including skills training, mentorship, access to start-up capital, and equipment. This holistic approach is aimed at ensuring the sustainability and long-term success of new ventures.
The initiative is supported by a GH¢100 million allocation from the 2025 Budget Statement, as announced by Finance Minister Dr Cassiel Ato Forson.
SA/MA
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