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Zeepay secures $18 million debt to finance its working capital and drive growth.
Zeepay, a fast-growing player in the digital remittance and mobile money market, has secured $18 million in debt funding, according to a report by Africa Global Funds. The investment, arranged by the South Africa-based financial advisory firm Verdant IMAP, signals strong market confidence in Zeepay’s cross-border payment solutions and growth strategy across Africa. The investment,
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This Week in StartupGhana #37: Zeepay gets $18 million | Ghana EdTech startups get a boost | Chowdeck Ghana goes live
Hello guys, Did You Know? 5 Million Ghanaians remain financially excluded due to literacy barriers—one startup is changing that. In a country where 28% of adults struggle with basic literacy and 38% lack access to formal banking, digital payments often exclude those who need them most. Enter Kowri, the Ghanaian fintech breaking down barriers with
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This Week in StartupGhana #36: Nigeria’s Chowdeck enters Ghana’s on-demand delivery market | EWIA’s acquisition | Ghana’s 1.9 million SME market
Hello guys, Welcome to another edition of the This Week in StartupGhana newsletter. New tea from the big brains at ISSER tells us that Ghana has 1.9 million actual SMEs – not the fantasy football numbers some pitch decks are selling. While the market may be smaller, this week’s headlines prove Ghanaian innovators are making
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This Week in StartupGhana #35: GBHub Africa makes first bet from its $10 million seed fund | E-levy scrapped | Kola Scale launched
Hello guys, After a short one-month hiatus, This Week in StartupGhana is back in your inbox—refreshed and recharged. The Ghanaian startup ecosystem didn’t slow down in our absence, and we’re here to catch you up on the biggest moves shaping the landscape. This week’s top stories: Funding GBHub Africa bets on Greenheart SE to decarbonize
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GBHub Africa bets on Greenheart SE to decarbonize agriculture production.
GB Foods’ social impact arm, GBHub Africa, has invested $50,000 in GreenHeart SE, a Ghanaian agritech company that transforms organic biomass waste into carbon-negative agricultural inputs. The investment, structured as a local currency loan with a 5% interest rate in Ghanaian cedis, includes a six-month moratorium and a 60-month repayment period. This funding will enable
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FMCG giant GB Foods taps Innohub’s Nelson Amo to lead GBHub Africa, its $10 million social impact vehicle.
Last year, in our This Week in Ghana newsletter, we reported on a GB Foods job listing that signalled a new growth strategy—investing in startups and SMEs across Africa’s food systems. Now, the cat is out of the bag. The FMCG conglomerate behind popular tomato purée brands Gino and Pomo has appointed Innohub’s Nelson Amo
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Ex-mPharma CFO Nana Dufie Addo launches new wealth planning fintech “Celerey”.
The former Chief Financial Officer of mPharma, Nana Dufie Addo, has announced the launch of her new venture, Celerey, an AI-powered wealth planning platform that provides personalized advice and on-demand consultations with accredited finance experts to help individuals make informed financial decisions. Wealth planning and management have traditionally been reserved for the affluent, leaving many professionals, entrepreneurs, and
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Wami Agro gets additional funding to boost income of smallholder farmers.
Wami Agro, the Ghana-based agritech company, has secured additional funding from Acumen, a leading global impact investor. Wami Agro addresses the persistent challenges faced by Ghana’s smallholder farmers, who constitute 70% of the agricultural workforce yet struggle with poverty. To bridge this gap, Wami Agro provides an integrated suite of tech-enabled solutions (Wami Market, Wami
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Ghana-based KYC fintech Regulon gets backing from Baobab Accelerator.
Regulon, a company simplifying business onboarding and automating compliance for fintechs across Africa and the UK has been selected to join the Baobab Accelerator. As part of the three-month accelerator programme, Regulon will receive a $100,000 investment in exchange for 12.5% equity. Additionally, the programme will provide hands-on support, consulting, and access to a global
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This Week in StartupGhana #32: New players in the EV ecosystem | GVCA’s New CEO | Fintech partnerships
This Week in StartupGhana #32: New players in the EV ecosystem | GVCA’s New CEO | Fintech partnerships Hi everyone and welcome to this week’s edition of the StartupGhana newsletter! The past two weeks have been buzzing with new entrants and exciting partnerships. We’ve gathered the latest updates shaping Ghana’s business and technology future. Here