By Ghana News
Copyright ghanamma
The Member of Parliament for Madina, Francis-Xavier Sosu, has reaffirmed the government’s commitment to supporting the business community to become more resilient and competitive under the 24-hour economy initiative.
He gave the assurance during the official launch of the Madina Chamber of Commerce (MACOC) on Saturday, September 20, 2025.
The Chamber, established to connect businesses within the La-Nkwantanang Madina Municipality, is expected to provide financial assistance, tax advisory services, and networking opportunities to drive sustainable growth.
It will also help members harness each other’s strengths, build synergies, and tap into emerging opportunities.
Speaking to Citi News on Saturday, September 20, 2025, Mr. Sosu underscored the importance of business development in the area.
“Madina is a hub for commerce. You cannot be a leader in Madina without a vision to drive the business potential of the constituency. Madina is home to many small businesses with the potential to grow into bigger enterprises. They need deliberate nurturing, support, and encouragement to thrive,” he said.
According to him, with the backing of the Chief of Staff, stimulus packages are already being rolled out to small businesses that sign up with MACOC.
He further disclosed that the first 100 businesses registered under the Chamber will receive support in transitioning to green energy, with partners providing solar panels to reduce energy costs and boost sustainability.
As part of the launch, the inaugural “Madina Walks 4 Business” event was held, bringing together entrepreneurs, policymakers, and residents to showcase local enterprise and strengthen collaboration.
The walk was led by the Chief of Staff, Julius Debrah, alongside Mr. Sosu.