Former President John Dramani Mahama has launched a new national initiative aimed at creating 40,000 youth-owned businesses over the next four years.
The programme, dubbed “Adwumawura,” was officially unveiled on Monday, April 28, 2025, at a ceremony in Accra.
Addressing an audience that included government officials, traditional leaders, development partners, and aspiring entrepreneurs, Mr. Mahama said the initiative is designed to give young Ghanaians the tools and support needed to build sustainable enterprises.
“Our ambition is to nurture at least 10,000 new youth-led businesses each year,” he stated, emphasizing that Adwumawura is fully financed, with funding secured through the 2025 national budget via the Ministry of Finance.
Unlike previous youth-focused projects that often faltered due to inadequate funding, Mr. Mahama stressed that Adwumawura is properly resourced to deliver tangible results.
The programme will provide participants with access to business development training, financing opportunities, mentorship, market linkage support, and continuous advisory services. It is open to both start-ups and existing small businesses, with applications managed through a newly launched online portal.
The National Entrepreneurship and Innovation Programme (NEIP), operating under the new Ministry of Youth Development and Empowerment, will coordinate the rollout of the initiative.
Highlighting the importance of inclusivity, Mr. Mahama noted that the programme welcomes young people from all backgrounds, regardless of their level of formal education.
“Some of today’s leading businesses started with just an idea and determination,” he said. “With the right backing, Ghanaian youth can drive economic growth and transform their communities.”
Applications for the first cohort are now open, with an independent committee tasked with overseeing the selection process.
