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26th January 2024 5:00:01 PM
2 mins readBy: Chris Kodo

In a groundbreaking collaboration, the three leading Professional Service firms of the 'Big Four,' namely KPMG, PwC, and Deloitte, have officially launched a campaign aimed at elevating advisory and tax services to bolster capital raising efforts for Small and Medium Enterprises (SMEs) in Ghana.
Supported by the Ghana Venture Capital and Private Equity Association (GVCA) and the Ghana Investment Support Programme (GhiSP), powered by British International Investment, this campaign signifies a transformative shift in the landscape of business advisory and tax services. It underscores the commitment of these industry giants to contribute significantly to the growth of the private equity ecosystem and improve access to finance for SMEs.
As part of the campaign, KPMG, PwC, and Deloitte have collectively pledged to enhance accessibility to their services for SMEs seeking to raise capital, including all GVCA members, Fund Managers, and their portfolio companies. This initiative is poised to have a profound impact by empowering businesses with quality advisory and tax services, enhancing their investment readiness.
The GVCA has consistently championed the interests of its members and Ghana's dynamic SME sector. This latest development solidifies their dedication to providing beneficiaries with the tools necessary for success in an increasingly competitive and globalized business environment.
In a joint statement, PwC, KPMG, and Deloitte expressed their satisfaction in joining GVCA in this campaign, stating, "We are pleased to join GVCA in this campaign to promote improved access to quality advisory and tax services. By working with the Association and with GhISP, we aim to enhance the investor readiness of SMEs, serving as a catalyst to assist them in attracting capital for scaling."
Hannah Acquah, CEO of GVCA, highlighted the significance of this collaboration for SMEs, stating, "Private Equity and Venture Capital compels SMEs to establish stronger management and governance structures, navigate pervasive risks, and provide sustainable jobs while intentionally pursuing a double bottom line: providing returns for investors and fostering sustainable job creation. Having KPMG, PwC, and Deloitte join us means our members can navigate complex business challenges and reach new heights of success."
David Tetteh, speaking on behalf of GhISP, expressed excitement about supporting this trailblazing campaign. He emphasized that the commitment of the top professional service firms to expand the accessibility of their services to SMEs will significantly impact supporting the growth and expansion of this crucial segment of the Ghanaian economy while creating investment opportunities for capital providers.
For KPMG, PwC, and Deloitte, joining the GVCA is not just a collaboration; it is a testament to their shared vision of advancing the interests of the Ghanaian business community. It embodies their commitment to fostering innovation, providing valuable support, and ultimately driving the growth of SMEs in Ghana.
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