Akufo-Addo gives GHC100,000 to 2 KNUST student entrepreneurs to expand their business

Akufo-Addo gives GHC100,000 to 2 KNUST student entrepreneurs to expand their business

- President Akufo-Addo has presented an amount of GHC100,000 to two students of the Kwame Nkrumah University of Science and Technology (KNUST).

- Matilda Asantewaa Sampong and Emilee Otoo Quayson won after presenting a business idea to a panel of judges

- They produce sanitary pads from banana and plantain fibre and intend to use the funds to expand their business

President Akufo-Addo has presented a cash prize of GHC100,000 to two students of the Kwame Nkrumah University of Science and Technology (KNUST).

The students, Matilda Asantewaa Sampong and Emilee Otoo Quayson, have produced sanitary pads from banana and plantain fibre.

The cash prize was composed of a GHC60,000 investment package and a personal donation valued at GHC40,000 by the president.

Akufo-Addo gives GHC100,000 to 2 KNUST student entrepreneurs to expand business

Source: citinewsroom.com
Source: UGC

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A citinewsroom.com report reveals that Quayson and Sampong presented their business idea and responded to questions from a panel of judges.

Present at the event were the president, ministers of state as well as members of the diplomatic corps.

The business project, Floyabana Pads, is focused on rural women who are unable to afford the largely imported sanitary pads on the market.

The students gave the assurance that they would focus on expanding their business with the support provided by the government.

President Akufo-Addo noted that the winners demonstrated determination and creativity, and for that reason, it was important for them to develop their talent and skills.

In other news, tennis player, Serena Williams, is currently the highest-paid sports women for four years in a row.

This came to light after the sportswoman earned $29.2million in the year 2019.

21-year-old Naomi Osaka from Japan won $24.3 million after benefitting from rewarding endorsements and prize-winning pots.

READ ALSO: NAM1 to address customers soon - Menzgold PRO

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