By Julius K. SATSI, Accra
The Women in Forex (WIF) Ghana with its partners have expressed optimism towards raising US$ 5,000 to support the needy in deprived communities through its Elevate Ghana Forex project.
The fund, raised through benevolent individuals, will help train 1,000 youth in Forex through the "Elevate Ghana Forex" project and support the needy in deprived communities across the country.
The Elevate Ghana Forex project is the initiative of the WIF Ghana to educate young people in forex trading and help alleviate unemployment and poverty.
The Founder and President of WIF Ghana, Madam Annor-Sika Asantewah disclosed this during the maiden charity ball held in Accra at the weekend.
She said the fund, which is expected to be generated from February to September, would be disbursed through a project and two non-governmental organisations (NGOs) to help the deprived communities
She said the funds raised would be disbursed through Menarche-Pad a Girl project to help alleviate menstrual poverty - a situation where girls practice poor hygiene during menstruation. The two NGOs include Cover Me Worldwide to help children gain skills in reading ability and Maternal Right Ghana to help women and children during child delivery.
Madam Asantewah urged benevolent individuals to donate towards the fund, which would help most youth out of employment through free forex trading for the 1,000 youths, targeted in three universities across the country - University of Cape Coast, Valley View University and the University of Ghana.
She said the organisation intends to send the "Elevate Ghana Forex" project to the Volta, Northern, and Eastern regions. She said calls had come to extend to the Ahafo region, which it would consider in subsequent years since the project is an annual one.
The Mayor of Belmopan in Belize, Central America, Her Worship Mayor Sheran Palacio, who graced the occasion, urged Ghanaians not to abandon trades and traditions of the older generation in the quest to go after modernity.
She said Ghanaians and Africans must not relent on tilling the soil as it hungers to give humanity its produce
As the first female Mayor in her country, she advised young females to take education seriously because it has the power to transform their lives, opening them to the numerous opportunities that exist.
The Chief Executive of Loly Fx, Ms Ruth Ofori said: "forex trading is not for the faint-hearted" but was quick to add that it is the aim of the Elevate Ghana Forex project to help the youth to gain a fundamental understanding of the forex market.
Ms Ofori, who is a Forex facilitator with the project said, many Ghanaians are now getting to know and appreciate the dynamics of forex trading, unlike previous years.
She said: "People are broadening their horizon on forex trading and trying to know what it entails and how they can go about to make some money."
