Energy, Automobile, EV, Renewable News | Tullow Ghana collaborates with Invest in Africa

Tullow Ghana collaborates with Invest in Africa

August 5, 2022

In July 2022, Tullow Ghana concluded a 10-month long supplier finance readiness programme designed to provide selected suppliers, impacted by the Covid-19 pandemic in the oil and gas industry in Ghana, financial and business advisory support to build financially resilient and sustainable businesses for the future.

The programme, which was implemented by Invest In Africa (IIA), a private sector-led initiative focused on growing local businesses, brought together individual participants and companies to undertake rigorous training in financial modelling, business plan preparation, financial management, corporate governance, and business risk management. The training also provided participants with important financial toolkits to enhance their interactions with lending institutions and strengthen their capacity and preparedness to access finance.

Overall, 151 suppliers gained knowledge of various funding options as well as insights
into financial restructuring opportunities, while 36 businesses received one-on-one business advisory services.

Information Source: Read More