Ghana Beyond Aid: Exploring the role of hubs in closing the social impact gap

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The transition of Ghana into a middle-income country meant a lot of resultant changes due to internal and international reactions to the new status attained by country. Prominent among some of these consequential outcomes is the move by donor countries and agencies to switch from aid to trading with Ghana. To this effect, the government of Ghana has responded with a national agenda called Ghana Beyond Aid which generally seeks to enhances Ghana’s chances of obtaining maximum benefits out of the era of trade. However, this initiative does not cover all the possible struggles Ghana stands to face after aid has stopped coming into the country. For instance, the imminent gap in social impact since the advent of Millennium Development Goals (MDGs) and the Sustainable Development Goals (SDGs), brought a lot of foreign aid to help the country meet the goals. This study does a qualitative study about technology and business hubs in Ghana. The objective is to understand the operations of these civil society organizations, and how they can reorient themselves to help Ghana fill its social impact gap after aid has ended. The study concludes that since these hubs already have access to funding opportunities to implement specific SDGs, they can continue this if they can first, adopt proper tracking and documentations of their progress in order to build more credibility, then leverage on that to attract more funds. The other recommendation is for the hubs to consider viable mean of harnessing internal generated funds to sustain their operations.
Undergraduate thesis submitted to the Department of Business Administration, Ashesi University, in partial fulfillment of Bachelor of Science degree in Management Information Systems, April 2019
Ghana, hubs, social impact, business incubators, "Ghana Beyond Aid", Sustainable Development Goals (SDGs)