Venture Capital
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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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$8 million to deepen customers’ Affinity for digital banking.
The Ghana-based digital bank Affinity has secured a $8 million seed round co-led by European VC firms Grazia Equity (Germany) and BACKED VC (London). Other investors that participated in the round include Enza Capital, Launch Africa, Renew Capital, FINCA Ventures, Attijariwafa Ventures, Impact Assets and Eldon Capital, an early backer. What does the company do?
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Amma Gyampo appointed CEO of Ghana Venture Capital & Private Equity Association.
From February, the Ghana Venture Capital & Private Equity Association (GVCA) will be led by Amma Gyampo, who boasts a wealth of experience in early-stage investing as an angel investor and a startup ecosystem enabler. In the role, Gyampo is committed to minimising investment barriers and enhancing collaboration among fund managers, portfolio companies, equity investors,
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This Week in StartupGhana #31: Ghanaian startups raised $127 million in 2024.
Ahead of our 2024 Ghana Innovation & Startup Ecosystem Report release, we’re sharing some key insights with our valued readers. Our report reviews Ghana’s startup scene, highlighting success, challenges and key trends that shaped the ecosystem in the fiscal year. In 2024, the Ghanaian startup funding ecosystem experienced a remarkable year, with startups raising $127
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Accrue secures $1.58 million seed round to make cross-border payments seamless.
Accrue, the cross-border infrastructure platform has a $1.58 million seed round to power cross-border payments in Africa. The round was led by Lattice Fund, with participation from Maven 11, Lava, Kraynos Capital, Distributed Capital, and other strategic angel investors. The funding will enable the company to expand its payment infrastructure across Africa, enhance product offerings,
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Meet the 10 founders that made it into Startup Discovery School’s Venture Studio.
The Startup Discovery Africa Venture Studio has welcomed its first cohort of founders dedicated to tackling climate challenges across Africa. As part of this nine-month programme, they will receive hands-on support, access to cutting-edge software tools, tailored mentorship, and guidance on commercial, technical, and impact strategies. Meet the Chosen Ones! Merdeo Foods leverages innovative technology
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Merdeo Foods selected for Startup Discovery Africa Venture Studio programme.
Merdeo Foods, a B2B farm-direct platform that connects farmers with restaurants and food businesses, has been selected as part of the inaugural cohort of the Startup Discovery Africa Venture Studio programme. Founded in 2022, Merdeo Foods leverages innovative technology to aggregate fresh produce from smallholder farmers through its decentralized cold storage network. By utilizing this