Ghana Innovation Journal
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AgriMercarb and Ecovon picked for the MassChallenge Switzerland Accelerator.
Two Ghana-based companies, AgriMercarb and Ecovon, have been selected for the MassChallenge Switzerland Accelerator. The two companies are among 103 early-stage startups selected to join the 2024 acceleration program. The selected early-stage startups come from 37 countries spanning 5 continents and have all committed to sustainability. Over the next 4 months of acceleration, the startups
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The art and science of exiting a startup with Paul Damalie, Ex CEO, Appruve Inc.
After leading the digital KYC and ID verification company Appruve, Paul Damile recently exited the startup in a cash-and-stock deal to Smile ID, a major player in Africa’s digital compliance industry. Damile’s journey with Appruve exemplifies the classic startup experience: a captivating sprint from problem identification to a minimum viable product, followed by a demanding
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Op-ed: Ghana’s Startup Financing Landscape in 2023 and Beyond: Navigating Challenges, Embracing Opportunities.
In the dynamic realm of startups, securing funding often resembles navigating choppy waters. The year 2023 posed its own set of challenges for African startups, with funding taking a substantial hit amid economic downturns and droughts. According to Partech’s 2023 report, Africa experienced a notable 46% year-on-year decline in startup funding. However, amidst this turbulence,
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Kosmos Innovation Center invests nearly $500,000 in 23 ventures via its incubator.
The agritech-focused incubator, Kosmos Innovation Center (KIC) has invested nearly $500,000 in 23 ventures as part of its AgriTech Pro competition programme. Each of the startups received grant investment ranging from $10,000 to $35,000. Meet the Chosen Ones Winners of the $35,000 category Winners of the $30,000 category Winners of the $20,000 category Winners of
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SAYeTECH picked for the AgFunder’s GROW Impact Accelerator.
SAYeTECH, the Ghana-based agtech has been selected for eight cohort of the AgFunder GROW Impact Accelerator. Backing founders who are transforming global food systems The GROW Impact Accelerator, backed by AgFunder, is supercharging the growth of emerging foodtech and agtech startups tackling the world’s biggest sustainability challenges. The accelerator equips agritech founders with a comprehensive
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MEST Africa selects 12 startups for the Mastercard Foundation EdTech Fellowship Program.
12 Ghanaian education technology companies have been selected for the inaugural cohort of the Mastercard Foundation EdTech Fellowship Program. The program seeks to empower edtech companies and accelerate their growth and impact. How will the program support the companies to scale? Launched earlier this year in Ghana, the Mastercard Foundation EdTech Fellowship is being implemented
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25 startups selected for the fourth cohort of UNICEF StartUp Lab Accelerator Program.
UNICEF StartUp Lab Accelerator Program has selected 25 tech-enabled companies for the fourth cohort, which kicked off within the week. The early-stage companies are addressing challenges in education, health, climate action, food and agriculture, finance, circular economy, frontier and assistive technologies, and mobility. The programme is led by UNICEF in Ghana, supported by KOICA and
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Yaw Adu-Gyamfi elected new Chairperson of the Ghana Hubs Network.
The Ghana Hubs Network has elected Yaw Adu-Gyamfi as its new Chairperson, taking over from Josiah Kwesi Eyison, the founder of the iSpace Foundation. As Chairperson, he will provide strategic direction for innovation, tech, and business hubs across the country in collaboration with the other board members. Prior to this role, he served as the
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Farmerline selected for the Unreasonable Foods Venture Fellowship.
Farmerline, the agtech startup, has been selected for the inaugural cohort of the Unreasonable Food programme. Founded in 2013 by Alloysius Attah and Emmanuel Addai, Farmerline provides farming education, access to inputs, and traceability solutions to improve smallholder farmer incomes significantly. Farmerline empowers growers with tools that translate into sustainable, healthy incomes for their families,
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Ghana Venture Capital Trust planning to sponsor a GHS 100 million Youth fund.
The government-backed private equity fund of fund vehicle the Ghana Venture Capital Trust Fund is planning to sponsor a youth-focused venture capital fund. The Fund is currently accepting applications from fund managers for the proposed fund. One of the requirements is a plan by the fund manager to achieve a targeted fund size of not