Ghana to Host the 14th Africa Fintech Summit on October 8th
Ghana secured $102 million in equity funding in 2024, a 36% year-over-year increase. The country ranked as the fifth most-funded African startup ecosystem last year.
Ghanaian startups face higher costs as AWS introduces 21% tax
AWS will implement a 21% tax on cloud services for customers in Ghana starting March 1, 2025. The tax includes a 15% Value Added Tax (VAT) and an additional 6% in levies.
Ghana Ministry of Communication to Present Startup Bill to Parliament
Ghana's Ministry of Communications is set to present the Ghana Innovation and Startup Bill to Parliament. The bill aims to formalize support for entrepreneurs and the innovation ecosystem in Ghana.
How agency banking is transforming financial access in developing countries
Only 49% of adults in sub-Saharan Africa own a formal bank account, with significant variations among countries. Agency banking has gained traction in Nigeria, providing convenience through proximity and responsiveness.
