Ghana Innovation Journal

  • GIJ Startup Radar: 7 Ghanaian Startups That Got Our Attention in Q3 2025.

    GIJ Startup Radar: 7 Ghanaian Startups That Got Our Attention in Q3 2025.

    In Q3 2025, we profiled and engaged with over 20 startups through our This Week in StartupGhana newsletter. From AI-powered platforms to sustainable manufacturing, founders continued to identify pressing local problems and build tech-driven solutions. Across sectors like fintech, agritech, SaaS, and e-commerce, these startups are addressing gaps in access, efficiency, and sustainability. Here’s a

    read more

  • Affinity Africa doubles customer base to 100,000 after $8 million seed round.

    Affinity Africa doubles customer base to 100,000 after $8 million seed round.

    Affinity Africa, the digital bank recently secured $8 million in seed funding, has crossed the 100,000 customer mark. The milestone comes just seven months after the company raised an $8m seed round to fuel its expansion. At the time of the raise, Affinity had onboarded just over 50,000 customers. The rapid growth reflects strong appetite

    read more

  • Nsano appoints Priscilla Hazel as CEO, succeeding Kofi Owusu-Nhyira.

    Nsano appoints Priscilla Hazel as CEO, succeeding Kofi Owusu-Nhyira.

    Nsano has announced the appointment of Priscilla Hazel as its new Chief Executive Officer, marking a key leadership transition as Kofi Owusu-Nhyira steps down from the role. This change ushers in a new phase for the fintech leader as it continues to innovate and grow in Africa’s digital payments space. From its beginnings in a

    read more

  • Sommalife secures €440,000 in debt financing to address operational logistical bottlenecks.

    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

    read more

  • Ghana’s inaugural women-focused fund, Zinari, hits first close of its GHS 120 million fund.

    Ghana’s inaugural women-focused fund, Zinari, hits first close of its GHS 120 million fund.

    Zinari Women’s Enterprise Fund (Z-WEF), Ghana’s first women-focused fund has announced the successful GHS 35 million first close for the GHS 120 million Fund. Anchored by the government’s fund-of-fund vehicle, Venture Capital Trust Fund, the fund seeks to bridge the financing gap for female entrepreneurs. What is Zinari Women’s Enterprise Fund’s strategy?The fund will write

    read more

  • Intern to Chief Operating Officer: ShaQ App appoints Rhoda Folie as Chief Operating Officer.

    Intern to Chief Operating Officer: ShaQ App appoints Rhoda Folie as Chief Operating Officer.

    ShaQ App, the super app transforming digital services in Ghana, has announced the appointment of Rhoda Folie as its new Chief Operating Officer (COO) and Co-founder. Folie’s remarkable journey from an intern to one of the most critical leadership roles within the company underscores her dedication, talent, and ShaQ App’s commitment to nurturing internal talent.

    read more

  • SAYeTECH wins the 2024 MEST Africa Challenge, secures $50,000 investment.

    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

    read more

  • Oyster Agribusiness gets $610,000 follow-on funding from Social Enterprise Fund for Agriculture in Africa.

    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

    read more

  • Ghana Climate Innovation Center selects 25 green businesses for the latest Incubation Program.

    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

    read more

  • Ghana’s SEC grants crowdfunding licenses to Grow For Me and Ingwoo Fintech.

    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

    read more