Consulting services on private and financial sector development in Ghana

Micro, Small and Medium Enterprises (MSMEs) in Ghana are critical to achieving economic growth and development. MSMEs form the foundation of private economic activity in Ghana, accounting for approximately 70% of GDP. MSMEs employ approximately 85% of the workforce in Ghana. However, unemployment remains one of the country"s major economic challenges. This was exacerbated by the COVID-19 pandemic. In view of the above, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) is supporting the Ghanaian Government to tackle the high rate of unemployment and promote green jobs via the Support to the Private and Financial Sector (PFS) programme. The programme commenced in January 2023 and will run until December 2025. The programme builds on the experience of the previous Programme for Sustainable Economic Development (PSED) and aims to improve the employment situation of MSMEs in five regions of Ghana, i.e., Greater Accra, Ashanti, Bono, Bono East and Ahafo. This tender serves to recruit consultants who will support the implementation of four key outputs of the PFS programme, namely, 1) support for financial services, 2) business development service offering for MSMEs; 3) employment services for job seekers, especially for migrants, internally displaced people and the vulnerable population; 4) promotion of green business opportunities for MSMEs. For the third output the EU is contributing through co-financing.