Hon. Lawrence Agyinsam, Member of Parliament, has underscored the vital role of digital transformation in boosting Ghana’s Micro, Small, and Medium Enterprises (MSMEs) through expanded financing, digital technologies, and the integration of digital skills.”
He calls for shared responsibility and investment in broadband, reduced internet costs, and infrastructure to create an ecosystem supporting MSME growth and economic development.
Speaking in Parliament on Monday, March 9, 2026, he posited that expanding financing instruments beyond traditional banks and leveraging digital technologies can reduce costs and increase outreach, ultimately boosting SME funding.
“E-commerce platforms can help companies reduce information costs, making it faster, easier, and cheaper to connect with buyers,” Hon. Agyinsam noted.
He defended the potential of digital technologies in connecting businesses to foreign markets, enabling them to sell beyond domestic borders.
The MP called for shared responsibility in driving digital transformation, proposing increased affordability through public and private investment in broadband expansion, reduced internet costs, and access to data processing infrastructure. “Digital transformation in Ghana must be a shared responsibility,” he stressed.
He recommended integrating digital skills in education and establishing more STEM schools to close the skills gap.
“Ghana can become Africa’s entrepreneurial hub with the right support for entrepreneurs and businesses,” he says.
In his view, Ghana can become Africa’s entrepreneurial hub with the right support for entrepreneurs and businesses, fostering innovation, productivity, and healthy competition. “Let’s work together to create an ecosystem that supports MSME growth and drives economic development,” he urged.
By: Rainbowradioonline.com/Ghana