Oya Microcredit, Ghana Envoy Push SME Trade Under AfCFTA

Oya Microcredit, Ghana Envoy Push SME Trade Under AfCFTA

Oya Microcredit, Ghana Envoy Push SME Trade Under AfCFTA

Oya Microcredit Company Limited hosted the Ghana High Commission in Kenya for a strategic visit and media engagement aimed at strengthening economic collaboration between Kenya and Ghana and unlocking opportunities under the African Continental Free Trade Area (AfCFTA).

The visit focused on the role of small and medium-sized enterprises (SMEs) in driving regional trade and economic growth across Africa.

As AfCFTA continues to reshape intra-African trade, countries are increasingly exploring partnerships that support entrepreneurship, financial inclusion, and cross-border business expansion.

Oya Microcredit, Ghana Envoy Push SME Trade Under AfCFTA

Strengthening Kenya–Ghana Economic Cooperation

The engagement comes at a time when Kenya and Ghana are deepening bilateral cooperation to support SME development, job creation, and sustainable economic growth.

Both countries are working to expand opportunities for entrepreneurs through improved access to credit, digital finance solutions, and policies that encourage cross-border trade.

During the visit, the High Commissioner commended Oya Microcredit for its role in providing accessible financing solutions to entrepreneurs and underserved communities. He noted that microfinance institutions play a vital role in empowering businesses and unlocking innovation across emerging markets.

Expanding Opportunities for SMEs

Discussions during the engagement centered on potential collaboration between Kenyan and Ghanaian institutions. Key areas of interest included knowledge exchange among microfinance providers, development of regional SME support programs, and the use of digital finance platforms to reach rural and underserved communities.

The High Commissioner emphasized that such partnerships are essential for strengthening SME ecosystems across Africa while fostering closer economic ties between Kenya and Ghana.

Microfinance as a Driver of Inclusive Growth

Speaking during the visit, Wycklife Ochola, CEO of Oya Microcredit, reaffirmed the institution’s commitment to promoting inclusive financing and supporting entrepreneurs as engines of economic transformation.

“Oya Microcredit is committed to supporting entrepreneurs and businesses by providing financial solutions that drive economic growth and opportunity,” he said. “This engagement reflects our dedication to building partnerships that strengthen African trade and promote sustainable development.”

Microfinance institutions continue to play a crucial role in enabling SMEs to participate in emerging sectors across the continent. Access to affordable credit, working capital, and tailored financial solutions allows small businesses to scale operations and create employment opportunities.

Advancing Africa’s Trade Potential

The visit also highlighted the importance of strengthening regional collaboration as African countries work to unlock the full potential of AfCFTA, widely regarded as the world’s largest free trade area by the number of participating countries.

Institutions such as Oya Microcredit are expected to play a key role in supporting entrepreneurs who seek to expand into new markets and participate in the growing opportunities linked to Africa’s evolving trade landscape.