2023 should be an interesting time for Ghana’s tech ecosystem. According to Max Cuvellier, Ghana was in the top five African countries with the highest investments with about $0.2 billion raised in 2022.
So which companies or startups might make a big slash in Ghana this year?
We take a look at some startups which might make major news in terms of expansion, funding, or announcements of new products.
mPharma is probably one of the best startups to come out of Ghana. The health tech company which is headed by CEO Gregory Rockson has raised $65 million in capital to date and has made strategic moves to expand to other African countries including acquisitions in Uganda.
We look forward to this year to see what moves the company makes. Will they announce a new acquisition in a new African country? Announce a new round of funding, or even possibly be acquired by a bigger company?
We’ll be keeping an eye on them for sure.
Float has been quiet since last year when they announced that they had raised $17 million in a seed round. The startup later that year acquired Accounteer, a SaaS company in Nigeria for an undisclosed amount.
This year, we’re looking forward to seeing what moves the company makes especially in terms of expansion. The company currently operates in Nigeria so we might see an announcement of operations in Ghana this year.
Zeepay has been on a roll lately. Last year the company raised $10 million as part of its Series A round as well as expanding into the Ethiopian marketplace.
The company has already made some headlines in 2023 when they announced that they had acquired a license to operate in Zambia.
In 2023, we expect the company to raise more in funding as well as expand to more locations in Africa.
The Ghanaian edutech company, eCampus, has been silently making moves with not a lot of fanfare.
The company recently launched version 4.0 of its edutech platform for users and has been expanding to other African countries including Senegal and South Africa.
We’ll be looking at what the company has in store for 2023 as they continue their work on the continent.
Jetstream Africa was recently in the news this year when they announced their $13 million raise.
The tech logistics company which operates in Ghana is in a unique space with logistics space in Africa.
We expect to hear more news about the company’s expansions to more African countries this year as well as launching new products for their customers