Ghana Innovation Journal
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MEST Africa backs 3 new startups from the 2024 Entrepreneurs-in-Training cohort.
MEST Africa, one of the pre-eminent technology incubators on the continent, has invested in 3 news startups. The latest portfolio additions from MEST Africa’s last Entrepreneurs-in-Training (EIT) programme are the result of 1,000+ applications and represent a diverse mix of teams working on various verticals and technologies. Aspiring entrepreneurs in the EIT programme go through
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6 Questions with George Antwi Bosiako (CEO, Startups Cooperative Credit Union)
George Antwi-Boasiako is an ecosystem builder focusing on innovation, digitization, and entrepreneurship. He is the CEO of the innovation hub Agrico Hub and the ecosystem-owned finance institution Startups Cooperative Credit Union. He also doubles as the Director of Finance for the Ghana Hubs Network. At AgriCo Hub, he spearheads the mission of training, incubating, networking,
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ManoCap Energy secures $20 million to expand its commercial & industrial solar business in West Africa.
The Ghana—and Sierra Leone-based renewable energy investment company ManoCap Energy has secured $20 million in long-term debt financing from the Mirova Gigaton Fund to offer businesses renewable energy solutions. What does ManoCap Energy do? ManoCap Energy is a vertically integrated commercial and industrial independent power producer operating in West Africa. It specializes in replacing diesel
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Fido secures $10 million from FMO as part of its Series B funding round.
Fido, the digital lender based in Ghana and Uganda, has secured $10 million in equity from FMO’s MASSIF Fund as part of its Series B capital raise. MASSIF is FMO’s financial inclusion fund that supports intermediaries that reach out to MSMEs disproportionately affected by a lack of access to financial services. Bridging Africa’s $331 billion
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Two Female Emerging Fund Managers, Kristin Wilson and Barbara Ghansah selected for the Obuntu Launchpad Fellowship.
Two Ghana-based emerging fund managers have been selected for the Obuntu Launchpad Fellowship. Obuntu Launchpad Fellowship is dedicated to addressing the unique challenges faced by local Emerging Fund Managers in Africa, enabling them to thrive in Africa’s rapidly evolving VC ecosystem. The 12-month invite-only fellowship provides fellows with knowledge, community, and resources. Meet the Chosen
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10 agriventures secure $100,000 as finalists of the Tullow AgriVentures Programme.
The Tullow AgriVentures Programme (TAP) has awarded ten promising small and growing agribusinesses $10,000 each to expand their businesses. The program being implemented by Innohub identifies and supports entrepreneurs in setting up and growing their businesses. TAP aims to generate approximately 600 new agriculturally linked ventures and support 30 existing businesses to grow and create
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6 Questions with Daniel Kwaku Merki (Boxplay Ventures, Managing Partner)
Daniel Kwaku Merki is the Managing Partner of Boxplay Ventures. His career journey from investment banking, restaurant operator and startup consultant to an angel investor has inspired him to find a sustainable and more inclusive way to finance transformative African entrepreneurs. He thus co-creates transformational startups tackling the continent’s most common and challenging problems through
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6 Questions with Dr. Nii Lante Heward-Mills (Country Director, Viamo)
Dr. Nii Lante Heward-Mills is the Country Director for Viamo in Ghana and Liberia. He is an Information and Communications Technology for Development and Public Health Public Promotion expert. He has worked in the last decade deploying digital solutions to support large-scale developmental projects in Ghana, Nigeria, Liberia, Ethiopia and Rwanda. He also led the
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The National Insurance Commission admits 5 startups for the first cohort of its regulatory sandbox.
Ghana’s insurance industry regulator, the National Insurance Commission, has accepted five insurtech startups. The groundbreaking initiative aims to foster a conducive environment for the development and testing of cutting-edge innovative insurance products and services for the insurance sector. Meet the chosen ones! The selected innovators and their respective solutions are as follows: The solutions will
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Farmio secures funding to scale its climate-smart farming technology and reach more farmers.
Farmio, an agritech that provides mobile greenhouse kits to farmers has secured funding from Standard Chartered Bank’s Women in Tech Financing Facility. Being implemented by Village Capital, the financing vehicle seeks to address the gender financing gap by providing catalytic capital to Standard Chartered Bank’s Women in Tech program alumni. Founded in 2019, Farmio provides