Business
Startups in Ghana Smash Funding Records in 2025: Lessons from a $120 Million Boom for Global Entrepreneurs
Ghana’s startup ecosystem has marked a pivotal year with $120 million raised in 2025, a 95% increase in deal volume from 2023, spanning 31 equity, debt, and grant rounds.
This surge positions Ghana among Africa’s top five investment hubs, contributing to the continent’s 33% year-on-year funding growth to over $3 billion. Amid global economic headwinds, Ghanaian founders have channeled capital into solutions addressing local gaps in finance, agriculture, and logistics, offering scalable models for emerging markets worldwide.
The rebound follows a funding winter in 2023-2024, with early 2025 data showing $8 million across three equity rounds by May and an additional $4.25 million by June. Fintech captured 43% of investments, totaling $54.6 million, driven by demand for mobile money and remittance tools in a market where 40% of adults remain unbanked. Agriculture and foodtech followed with $25 million, supporting smallholder farmers amid climate pressures. Healthtech and logistics each secured about 15%, focusing on telemedicine and supply chain efficiencies, while e-commerce rounded out 10% for artisan marketplaces.
| Sector | Funding Share | Key Focus Areas |
|---|---|---|
| Fintech | 43% | Mobile payments, remittances, SME credit |
| Agritech/Foodtech | 21% | Farmer market access, yield optimization |
| Healthtech | 15% | Rural telemedicine, genomic data tools |
| Logistics | 15% | Cross-border trade, cold-chain storage |
| E-commerce | 6% | Online platforms for local goods |
This diversification reflects Ghana’s shift from fintech dominance to balanced growth, with 83% of Q1 African funding concentrated in Nigeria, Kenya, South Africa, and Egypt—leaving room for Ghana’s niche in practical innovations. A new policy mandates 5% of pension assets for venture capital, injecting up to $300 million annually and bolstering local funds like the Venture Capital Trust Fund.
Standout performers include Zeepay, a mobile financial services firm that raised $15 million to expand remittances, serving unbanked populations across West Africa. Complete Farmer, an agritech platform, secured $10 million in debt financing to connect smallholders with markets, building on $7 million prior funding. OZÉ, an SME financing app, added $8 million, enabling inventory management for 50,000+ businesses. Jetstream Africa drew $12 million for logistics, streamlining supply chains with international backers like Partech Africa. Oze, recognized in the 2025 Norrsken Impact 100, supports systemic SME growth through tailored financing.
These companies emerged from founders tackling everyday barriers: unreliable banking for Zeepay’s Andrew Takyi-Appiah, cocoa farm inefficiencies for Complete Farmer’s Desmond Koney, and consulting gaps for OZÉ’s Philip Agyeman. Their traction—processing billions in transactions and boosting farmer yields—has drawn global venture capital, with 373 investors active in 521 rounds.
Enablers include regulatory reforms like e-cedi digital currency adoption and hubs such as Meltwater Entrepreneurial School of Technology, which trained 100+ AI-focused startups. The Africa Ecosystem Catalysts Facility allocated $4 million for early-stage ventures in Ghana, Nigeria, and Tanzania.
Yet challenges persist: infrastructure deficits and currency volatility eroded 20% of revenues in devalued markets. Female-led startups received under 2% of funding, highlighting equity gaps.
For global entrepreneurs, Ghana’s model underscores prioritizing traction in underserved sectors—fintech rails processed 80% of 2024 African VC alongside logistics and energy. Events like Tech in Ghana 2025 and ALX Ventures Demo Day facilitate cross-border ties, while programs like Standard Chartered’s Futuremakers empowered 500 women-led initiatives. As Africa eyes $1 billion in H1 2025 funding, Ghana’s $120 million haul signals a blueprint for resilient scaling in high-problem, high-potential environments.
Business
Young Self-Taught Black Inventor Julian Brown Develops Revolutionary Plastic-to-Fuel Technology
Atlanta, USA – A young Black inventor from Atlanta, Julian Brown, has stunned the scientific community and gone viral worldwide after developing a backyard process that converts everyday plastic waste into usable diesel, gasoline, and jet fuel.
Born in Tennessee and raised in Atlanta, Brown — a self-taught welder with no formal degree or laboratory — created a system called “Plastoline.”
Using an upgraded form of pyrolysis (a thermal decomposition process), enhanced with microwaves and solar energy for cleaner conversion, he built a small reactor capable of turning discarded plastics back into high-quality fuel.
Independent tests reportedly confirmed that the diesel and gasoline produced are among the most refined seen, and he has successfully powered vehicles with the fuel in live demonstrations.
Brown launched a startup called Nature Jab and began sharing his experiments on Instagram and TikTok, where the videos quickly gained millions of views globally. Despite suffering second-degree burns in a reactor explosion, he refused to abandon the project.
He attempted to raise $1 million to scale the technology but secured only tens of thousands of dollars. In July 2025, he posted that he was under attack before temporarily vanishing from public view.
He has since re-emerged, with supporters calling for his protection and greater investment in his work.
The innovation has sparked particular excitement across Africa, where plastic waste accumulates in massive quantities in landfills and communities.
Experts say Brown’s technology could offer a practical solution for turning waste into energy, addressing both environmental pollution and fuel shortages on the continent.
Commentators have criticised the lack of substantial support from investors and the broader community, questioning why a breakthrough with such transformative potential, especially from a young Black inventor, has not received wider backing.
Business
MTN Signals Major Data Center Investment Plans in Ghana
Accra, Ghana – MTN Group is exploring significant investments in data centers in Ghana as Part of its digital push.
The telecoms giant says the move is a natural extension of its broader digital infrastructure strategy in one of its most important African markets.
Group Chief Executive Officer Ralph Mupita made the announcement during a strategic visit to Ghana at the beginning of 2026. He said the company is keen to partner with both public and private stakeholders to develop large-scale data centers that would enhance cloud computing, data storage, and digital service capabilities across the country.
Mupita stated that such facilities are critical to supporting Ghana’s long-term digital transformation and economic growth.
He acknowledged, however, that establishing world-class data centers would require addressing key infrastructure challenges, particularly reliable power supply, suitable land, and advanced cooling systems. MTN is therefore considering collaborative models to ensure projects meet both commercial viability and sustainability standards.
During his engagements, Mupita held discussions with MTN Ghana’s leadership, regulators, and senior government officials, including the Bank of Ghana, the Ghana Investment Promotion Centre, and Minister for Communications, Digital Technology and Innovations, Sam George.
He described Ghana as a priority market that “feels like home” and reaffirmed the Group’s commitment to deepening investments in digital infrastructure and financial inclusion.
On the fintech front, Mupita highlighted plans to expand mobile money services while working closely with the central bank to strengthen fraud prevention through artificial intelligence.
The visit underscored MTN’s ambition to remain a key partner in Ghana’s digital economy, driving innovation, job creation, and inclusive growth.
MTN Ghana (Scancom PLC) is the dominant telecommunications market leader in Ghana and has been recognized as a top-performing operation within the MTN Group. The company is actively shifting from a traditional telco to a technology platform company, with a focus on fintech (Mobile Money) and digital inclusion.
Business
New Cashew Processing Plant and Fertilizer Facility to be Set Up in Ghana
Accra, Ghana – Ghana’s Ministry of Food and Agriculture has signed three Memoranda of Understanding with Chinese firm SENTUO Group Limited to drive agro-industrial growth through major new investments in processing, fertiliser production, and farmer support services.
The agreements, signed in Accra on Tuesday, include the establishment of a cashew processing plant at Sampa in the Bono Region and a fertiliser manufacturing facility. SENTUO will also roll out 30 Farmer Service Centres nationwide to improve access to quality inputs, mechanisation services, and technical support for farmers.

The projects are expected to create significant employment opportunities, particularly for young people, while enhancing value addition and reducing Ghana’s reliance on raw commodity exports.
Minister for Food and Agriculture Eric Opoku described the partnership as a major step toward the government’s Agriculture for Economic Transformation Agenda.
“We are ready to industrialise Ghana’s agriculture,” he said, adding that the cashew plant will process both nuts and apples to maximise returns across the entire value chain.
He emphasised the need to move from exporting raw produce to building a vibrant, value-driven agro-industrial economy.
The Chairman of SENTUO Group Limited, Xu Mingjuan, said the company’s nearly 20 years of operation in Ghana and the current government’s 24-hour economy policy had encouraged further investment. He confirmed that engineers have already started preliminary work on the projects.
The deals signal growing Chinese interest in Ghana’s agricultural transformation and are expected to strengthen food security, boost exports, and create sustainable jobs across the value chain.
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