Agritech
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Shaping Ghana’s Green Future: The disruptors who mattered in climate tech in 2024. – Part 1
At the Ghana Innovation Journal, we specialize in uncovering the startups, products, and trends shaping Ghana’s innovation ecosystem, making us the ultimate authority on transformative industries like climate tech. Climate tech has surged into the spotlight this year, with key players making headlines through innovative products, successful funding rounds, and impactful initiatives. With our finger
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Sommalife secures €440,000 in debt financing to address operational logistical bottlenecks.
Sommalife, the Wa-based shea-focused agtech platform, has closed €440,000 in debt funding from the Kampani, the Brussels-based social impact fund. What will the investment be used for? The investment by Kampani will enable Sommalife to address logistical challenges that pose a bottleneck to its operations. With funding from Kampani, the company plans to acquire trucks
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SAYeTECH wins the 2024 MEST Africa Challenge, secures $50,000 investment.
Ghana-based agritech startup SAYeTECH has emerged as the winner of the 2024 MEST Africa Challenge (MAC), securing a $50,000 equity investment to accelerate its growth and impact. The competition, organized in partnership with the Norwegian Embassy, focused on uncovering exceptional agritech companies tackling key agriculture challenges in West Africa. SAYeTECH outshone six other startups from
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Oyster Agribusiness gets $610,000 follow-on funding from Social Enterprise Fund for Agriculture in Africa.
Sahel Capital, fund manager for the KFW-backed Social Enterprise Fund for Agriculture in Africa, has provided a $610,000 debt facility to Oyster Agribusiness. This working capital loan will enable the company to support more smallholder farmers, enhance productivity, and scale its climate-smart agricultural practices. With this latest round, Oyster’s total funding now stands at $2.92
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Ghana Climate Innovation Center selects 25 green businesses for the latest Incubation Program.
The Ghana Climate Innovation Centre (GCIC) has inducted 25 businesses into Cohort 10 of its nine-month incubation program. Spanning nine regions, the cohort includes 13 female-led and 12 male-led enterprises, driving innovation in climate-smart agriculture, waste management, energy efficiency, and greening initiatives. This program equips participants with skills, mentorship, and resources to scale their impact
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Ghana’s SEC grants crowdfunding licenses to Grow For Me and Ingwoo Fintech.
Ghana’s financial securities regulator, SEC, has approved two operating licences for crowdfunding businesses (Grow For Me and Ingwoo Fintech Services) to crowd-in investments and boost entrepreneurial growth. This milestone marks a significant leap forward for Ghana’s burgeoning digital economy and opens new avenues for funding entrepreneurs and small businesses. Crowdfunding regulation history in GhanaGhana’s journey