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Ghana’s start-up ecosystem needs more investment, advisory support

Start Up Start Up Start Up Startup.png File photo of a start-up

Wed, 4 Dec 2024 Source: ghanaiantimes.com.gh

There is a need for more investment and consultative sup­port to strengthen Ghana’s growing tech start-up ecosystem, Eleanor Azar, Chief of Staff at Telecel Group, who also oversees the Africa Start-up Initiative Pro­gramme (ASIP), has said.

“Ghana has immense talent and potential in the tech start-up space. We are happy to have sup­ported 40 start-ups for the four cohorts of ASIP who are tackling local problems in their commu­nities. However, the reality is that start-ups still face barriers that prevent them from scaling, including access to sufficient capital and the strategic advice to grow and navigate challenges in their markets. These are critical gaps that need to be addressed,” she explained.

In a keynote at the opening of the Tech in Ghana Conference in Accra yesterday, Ms Azar shared insights on ASIP, a corporate social responsibility initiative by Telecel Group, to set the tone for two days of discussions and showcase of Ghana’s talent in technology and innovation.

She highlighted the significant strides that ASIP had made in the last four years to accelerate the growth of high-potential tech start-ups across Africa through a blend of funding, mentorship, and networking opportunities, with a focus on underserved markets in countries, including Ghana.

Source: ghanaiantimes.com.gh
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