The Ghana Innovation Journal, a leading insights platform committed to exploring and promoting the entrepreneurial ecosystem, has released its latest research report, shedding light on the dynamic landscape of entrepreneurship in Ghana during the first half of 2023.
Details
The report provides a comprehensive overview of the entrepreneurial journey in Ghana, covering both the exhilarating investment boom experienced in 2022 and the unique challenges posed by what some have termed a “Venture Capital Winter” in 2023.
Despite these challenges, the research report uncovers several reasons for optimism, including:
- Female-Led Teams Shine: For the first time, female-led teams raised more total investment than their male counterparts, with Miishe Addy’s Jetstream leading the way.
- Exit from Appruve: The report highlights the successful exit of KYC company Appruve, showcasing the growth and value creation potential within the Ghanaian startup landscape.
- Exclusive Insights from Ecosystem Pillars: Exclusive interviews with key figures in the entrepreneurial ecosystem provide valuable insights, ranging from the development of the Startup Act to enhanced access to finance for ventures.
- Diverse Funding Avenues: The report delves into various funding avenues, including international and local investors like TechStars and Kosmos Innovation Centre, as well as collaborations between the Mastercard Foundation and several banks aimed at nurturing entrepreneurial growth.
- Global Expansion and New Initiatives: The research covers Ghanaian companies expanding beyond their borders, with both Farmerline and Zeepay successfully launching in Ivory Coast. It also highlights innovative products initiated by various ventures in Ghana.
- Key Events on the Horizon: As the year comes to an end, the report provides information about important events happening in Ghana that entrepreneurs and their supporters should know about, offering a glimpse of the future of the entrepreneurial ecosystem in Ghana.
About Ghana Innovation Journal
The Ghana Innovation Journal serves as a compass, guiding stakeholders through this evolving landscape with its weekly digest and timely reports. Established as a venture of The Innovation Spark, its mission is to bridge information gaps and foster collaboration among startups, investors, and development partners.
Isaac Newton Acquah, Co-Founder of The Innovation Spark, emphasized the commitment of the platform to support those making an impact on the ecosystem and extended an invitation to potential partners who share their vision and mission.
To access the full research report, please visit: https://selar.co/GIJ
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