Nii Armah Quaye launches GHc300m Scale-Up Fund to support SMEs in Ghana

Efo Korsi Senyo
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Efo Korsi Senyo
Executive Editor
Efo Korsi Senyo is the Executive Editor of AMN - publishers of AwakeNews.com.gh, Awake Africa Magazine and Awake TV. He has over 12years experience in journalism...
- Executive Editor
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Richard Nii Armah Quaye, Chairman, RNAQ Holdings

Beyond Ghana’s most expensive 40th birthday celebration comes one of the biggest social intervention programmes to empower and support businesses in Ghana.

This is being witnessed in the bold move by Mr. Richard Nii Armah Quaye with a GHc300 million Scale-Up Fund to reshape Ghana’s economic landscape through the support of Ghanaian businesses.

The Scale-Up Fund is a collaborative initiative between RNAQ Holdings and Quick Angels Limited, designed to inject capital into existing Ghanaian businesses.

“Backed by RNAQ Holdings and Quick Angels, The Scale Up Fund is a ₵300 million initiative dedicated to scaling Ghanaian businesses that are already operating and ready for growth. Whether you’re in your early stage or actively scaling, this fund is here to back bold entrepreneurs with real capital and long-term support.” – this is according to the Website of RNAQ Holdings.

The Scale-Up Fund will offer a great opportunity for Ghanaian entrepreneurs between the ages of 20 and 45 who are already operating businesses and are ready to scale up for growth.

The application process is now open via  www.rnaqholdingsglobal.com, which will allow selected entrepreneurs to pitch their business proposals directly to  Mr. Quaye in October 2025.

This platform will not only provide an opportunity to secure funding but also offer invaluable mentorship and guidance from seasoned business leaders. This element of direct engagement sets the fund apart, creating a dynamic environment for growth and collaboration.

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Efo Korsi Senyo is the Executive Editor of AMN - publishers of AwakeNews.com.gh, Awake Africa Magazine and Awake TV. He has over 12years experience in journalism specialized in investigative journalism. Get in touch with him via editor@awakenews.com.gh
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