Ghana Innovation Journal
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Mirepa Investment Advisors reaches intial close of its Mirepa Capital SME Fund I.
Mirepa Investment Advisors has reached the initial closing of its inaugural fund, Mirepa Capital SME Fund I (MCSFI). The GHS 120 million fund will provide patient capital to Ghanaian small and medium-sized enterprises with a GHS 2.4M – GHS24M ticket size. This milestone marks a significant step forward in providing patient capital to high-growth light
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Reign Rum shortlisted for the Channel 4 and Lloyds Banking Group Black in Business initiative.
Reign Rum, the Ghana-based luxury rum brand, has been shortlisted for the Channel 4 and Lloyds Banking Group Black in Business initiative. From a pool of 1,000 applications, Reign Rum earned a spot among the final 30 black-owned businesses. Designed by Channel 4 in partnership with Lloyds Bank, the Black in Business initiative rewards up
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Zeepay and Sommalife shortlisted as Africa’s Business Heroes 2023 Top 20 finalists.
Two Ghanaian tech companies, Zeepay and Sommalife, have been shortlisted as Africa’s Business Heroes (ABH) Top 20 finalists. The top 50 finalists were selected based on their passion for establishing sustainable and impactful enterprises in their communities and beyond, businesses that are anchored on several SDG goals. Geographically, West Africa accounts for 35%, East Africa
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Orange Corners Ghana accelerates over 100 youth-led businesses.
Orange Corners Ghana has graduated over 100 youth-led businesses from the six-month acceleration program. The graduation ceremony marked the conclusion of its cohort 7 batch, during which Orange Corners provided comprehensive support to over 350 innovators admitted into the program, including expert training, coaching, and masterclasses, as well as access to facilities, networks, and finance
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Kosmos Innovation Centre opens shop in Tamale to further reach young entrepreneurs.
The Kosmos Innovation Center (KIC) has inaugurated an incubation hub in Tamale to expand its operations and empower the youth. With support from Feed the Future Ghana Market Systems & Resilience (MSR), a USAID-funded program, KIC has set- up the incubation hub in Tamale to further reach young people and entrepreneurs within 17 districts across
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4 Ghanaian ventures were selected for the Harvard Innovation Lab-backed NextGen Accelerator.
Harvard Innovation Labs and Amazon Web Services (AWS) have selected 25 ventures to participate in the inaugural NextGen Accelerator, a two-week founder bootcamp for early-stage student founders from historically black colleges and universities and universities in Sub-Saharan Africa. Founders will engage in daily sessions covering various topics, such as customer discovery, market validation, pitching, fundraising,
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Richard Quaye Foundation supports 10 entrepreneurs with grant capital of GHS 250,000.
As part of his birthday celebration, the Chief Executive Officer of Quick Angels, Richard Nii Armah Quaye, supported ten entrepreneurs with a seed capital of GHS25,000 each to boost the growth of their businesses. The companies were selected from a pool of 1,200 applicants. The finalist comes from various industries, including technology, the Chief, recycling,
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Health Direct Global was selected for Halcyon Incubator Fellowship in Washington DC.
Health Direct Global, the digital healthcare infrastructure platform that connects patients to healthcare providers, pharmacies, and insurance companies, has been selected as one of eight global ventures to participate in the Halcyon Incubator in Washington, DC. The program is designed to accelerate the impact-driven future of businesses that aim to drive equity and inclusivity in
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Sesi Technologies takes over post-harvest technologies to reduce food waste in Ghana.
Sesi Technologies, the agritech company, has taken over the scaling activities for post-harvest technologies that they co-developed with the Feed the Future Innovation Lab for the Reduction of Post-Harvest Loss. The lab has played a critical role in developing several necessary post-harvest technologies over the past nine years, such as the GrainMate Moisture Metre and
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Koa deploys its first e-tricycle as it seeks to greenify the cocoa industry in Ghana.
Koa, the startup upcycling cocoa fruit, has deployed its first e-tricycle in Ghana to greenify the value chain and the wider cocoa industry. Solar energy has played a critical role in enabling Koa’s success in extracting the so-far discarded cocoa fruit. According to the company, renewable energy, the greenification of the value chain, and the