New $7m i3 programme launched to back African e-health startups
Southbridge A&I, Salient Advisory and SCIDaR have partnered to launch i3, a US$7 million programme that will provide 30 African e-health startups with funding and support each year.
These are the next startup investment hotspots in west Africa
Startup tracker, Africa: The Big Deal’s figures show that since 2019, west African startups have hauled in $4.2 billion, representing 41% of the total funds logged in Africa in that period.
World Bank appoints Ghanaian Victoria Kwakwa as new Vice President for Eastern and Southern Africa
The World Bank has appointed Victoria Kwakwa, as the new World Bank Vice President for Eastern and Southern Africa, effective July 1st, 2022.
Overview of the Ghanaian economy
The economy of Ghana achieved consistent and strong growth in the years leading up to the pandemic, resulting in improved business competitiveness and poverty reduction. From 2017 to 2019, the country’s gross domestic product (GDP) grew strongly (2017: 8.1%; 2018:...
A brief snapshot of entrepreneurship in Ghana
Ghana demonstrates a high level of entrepreneurial activity. Almost half (49.2%) of all people employed in Ghana (15 years and above) own their own businesses. MSMEs dominate the entrepreneurial space and play an important role in the country’s economic development.
Sector Growth with Highest Expected Growth in Terms of GDP Value Added
In Ghana, the two sectors with the highest expected growth in terms of GDP value added are the services sector and the agriculture sector.
Apollo, a Kenyan agritech startup, has raised $40 million in Series B funding
Apollo, a Kenyan agritech startup, has raised $40 million in a Series B funding round headed by Softbank Vision Fund 2 in an equity transaction.
Kenyan Digital Insurance firm, mTek, raises $3million
Following a recent $1.50 million investment, Kenyan insurtech, mTek, has secured an additional investment commitment from African-focused fintech platform, Finclusion Group, to-date totaling $3 million – through both debt and equity.
Future technological innovations that will significantly transform the world in the near future
When new technological innovations are used to solve the world’s most important problems, it is very fascinating to see how quickly and how much they can change the way things work in the world.