The Ghana Innovation Journal Ghana Half Year Report 2022

Ghana Innovation Journal of The Innovation Spark has synthesized data collected across the entire year of activity in Ghana. Bridging the data asymmetry gap between Startups, Investors, Development Partners and Corporates.

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The Ghana Innovation Journal Ghana Half Year Report 2022 highlights the incredible rise in the ecosystem's growth The year began enthusiastically, with startups raising over USD 55 million in January While fintech continues to be the dominant sector, the most significant raise for the first half year was mPharma's (a healthtech) 35 million

With the team embedded in the innovation scene for the past years in various ways, from executing innovative ideas and participating in startup programs, setting up innovation hubs, launching programs, and running accelerators, The Innovation Spark has front row seats to the developments on the ground Over the last two years, we have taken a step further in journaling and "recording wins" in the ecosystem

The report seeks to enlighten and educate various stakeholders about what is happening across the scene, from highlighting the founding journeys of multiple startups and emerging hubs springing up across the country and creating oversight of the landscape of the ecosystem actors ranging from investors, accelerators, and development partners to media Over the half year, success stories of Ghanaian companies like Zeepay and SnooCode expanded out of Ghana Various universities and government agencies are exploring programs that would significantly change the landscape on the public sector front For instance, the Ministry of Communication and Digitalization is championing the Startup Bill, while the Securities Exchange Commission backs the equity crowdfunding policy

As an ecosystem enabler, we aim to highlight the significant accomplishments of Ghanaians both at home and in the diaspora We seek to provide a spotlight on startups and entrepreneurs, spark conversations and empower investors with clear insights into the country

We encourage you to share the report with anyone seeking insights and let us know your thoughts about the various topics covered

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The Innovation Spark Team