Ghana’s startup ecosystem, ranked 81st globally, is expanding through tech hubs, foodtech leadership, and significant growth in venture capital, positioning Accra as a regional digital innovation hub.
- As of 2024, Ghana hosts over 10 tech hubs and accelerators, mainly in Accra, Kumasi, and Takoradi, supported by national startup networks and entrepreneurship chambers. || Source: ITA
- The same year, the country’s startup ecosystem ranked 81st globally—up 7 spots from the previous year—reflecting 14% annual growth, with Accra as its top-ranked city. || Source: StartupBlink
+ And it hosts 136 startups—12% of West Africa’s total—with 1 startup per 100,000 people, ranking 3rd in the region, ahead of Senegal. - Foodtech is the leading industry in Ghana, where it ranks 61st globally, 2nd in Western Africa, with 9 foodtech startups — representing 7% of all startups in Ghana.
+ Plus, over the past decade, it attracted US$535.5M in startup funding—4.67% of West Africa’s total. Funding rose 7.85% between 2023 and 2024 despite a 40.91% drop in the number of deals. || Source: StartupBlink - Ghana’s venture capital and private equity sector grew from a single US$6M fund in 1992 to $7B by 2023 (116.6%), generating 44,000 jobs and expanding access to services. || Source: Impact investment Ghana
