Ghana Innovation Journal
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Mobile Money transactions hit record high of GH¢1.07 Trillion in 2022
According to the latest report released by the Bank of Ghana, mobile money transactions in Ghana soared to a staggering GH¢1.07 trillion in 2022, surpassing the previous year’s record of GH¢902.5 billion. The total mobile money transactions for January and February stood at GH¢76.2 billion and GH¢76.8 billion, representing a 13% growth for both months
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Orange Corners Ghana to accelerate 343 entrepreneurs as it onboards new private sector partners
The Orange Corners initiative, backed by the Kingdom of the Netherlands and implemented by MDF West Africa, selected 343 entrepreneurs for its seventh cohort, spanning five regions in the country. From the 431 applications received in 2022, 166 entrepreneurs will be trained in Accra, 59 in Kumasi, 41 in Tamale, 36 in Ho and 41
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MinoHealth Al Labs launches a new AI-powered imaging and X-ray equipment for enhanced healthcare delivery
MinoHealth Al Labs launched an upgraded version of their AI-powered imaging and X-ray equipment, “minoHealth.ai 1.4.1”. The kit offers improved performance and can diagnose up to 14 medical conditions, including Cardiomegaly, Pleural effusion, Aortic enlargement, Atelectasis, and Calcification. The equipment also pinpoints the exact locations of these conditions using bounding boxes. It also enables general
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Treepz appoints Isidore Kpotufe as Chief Marketing Officer as it expands to Kenya
Treepz, the shared mobility platform for buses, announced the appointment of Isidore Kpotufe as its Chief Marketing Officer as it expands to Kenya. Kpotufe, who brings extensive experience in growth and marketing, is leading the company’s growth efforts for its new online platform, designed to serve both consumers and businesses. Isidore Kpotufe, until recently, was
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Google awards $30k grant to Dr. Stephen Moore to advance AI natural language processing research in Africa
Dr. Stephen Moore, a lecturer at the Department of Mathematics of the University of Cape Coast, has been awarded a $30,000 research grant by Google. The grant will further research in Artificial Intelligence, particularly in natural language processing (NLP) for low-resource languages in Ghana and Africa. NLP is a branch of AI that deals with
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Sherif Ghali nominated as Chairperson of the Commonwealth Alliance of Young Entrepreneurs Africa
Ghana’s Sherif Ghali has been nominated as the Chairperson of the young entrepreneurs’ advocacy group, the Commonwealth Alliance of Young Entrepreneurs (CAYE) Africa. The CAYE works to strengthen and support the ambitions of young entrepreneurs in Commonwealth regions. Sherif Ghali is a senior business executive specialising in business development, formulating entrepreneurship policies, and business advocacy.
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Zeepay expands to the Gambia to facilitate cross-border transactions
Zeepay, the fast-growing remittance-to-wallet fintech company, has been approved by The Central Bank of Gambia to operate a remittance service. This latest expansion will make Gambia the fourth country Zeepay has entered including Zambia, Ghana and Ivory Coast. The company’s partnership with MoneyGram, a global provider of money transfer and financial services, will enable Gambians
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Legendary Foods grabs $15,000 as runner up of the AgriPitch Competition – Women-led Businesses Category
Legendary Foods emerged as the first runner-up of the 2022 African Development Bank-backed AgriPitch Competition in the fiercely contested Women-led businesses category. The company was awarded a cash prize of $15,000. Legendary Foods delivers the nutrition of meat at the price and sustainability of plants using insect agriculture made into delicious products. Led by Shobhita
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Farmerline emerges as winner of the Africa-Korea Agtech Innovation Challenge – Financial Inclusion Category
The ‘Amazon for African farmers’, Farmerline, emerged as the winner of the World Bank-led Africa-Korea Agtech Innovation Challenge – Financial Inclusion Category. The World Bank organized the innovation challenge to identify disruptive agricultural technologies (DAT) interested in working in Kenya and Uganda. After two days of intensive learning and competing with 21 other DATs, Farmerline
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University of Ghana Business School launches an Innovation Hub to harness student entrepreneurial skills
The University of Ghana Business School (UGBS) has officially launched an Innovation and Incubation Hub (UGBS Nest) to foster and cultivate entrepreneurial ideas from students across the University. In his welcoming speech, the Dean of the School, Professor Justice Bawole, emphasized the significance of the UGBS Nest, stating that it will allow students to practice