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The report below analyzes the different supports that are available for entrepreneurs in Ghana based on the data collected in the 2020 Ghana Ecosystem Snapshot. Explore the interactive visualizations to learn more about who is working in Ghana's ecosystem, what they provide for entrepreneurs, and how local organizations feel about the development of Ghana's entrepreneurial community over the past three years.
Organizations include any institution that works to support entrepreneurs in the country of Ghana, spanning from nonprofits, investors, government agencies, and more.
Learn MorePrograms include any type of resource or service that is explicitly intended to support entrepreneurs, mostly collected from the same organizations included in the snapshot.
Learn MoreThe information in this snapshot was collected in 2020, and the following analysis reflects the entrepreneurial ecosystem at this specific point in time.
Learn MoreRoughly half the organizations supporting the entrepreneurial ecosystem in Ghana can be categorized as capacity development providers and investors, with a range of other organization types making up the other 50% of entrepreneurial support in the country.
Programs supporting entrepreneurs in Ghana mostly work with Early and Start Up stage ventures. Mature stage ventures receive the least programmatic support.
The sectors most-served by programs in Ghana were Agriculture & Food, Financial Services, and Information & Communication Technology (ICT). The Health, Energy, and Environment sectors were some of the least commonly supported, and roughly 13% of programs are sector-agnostic.
Nonfinancial programs include capacity development services, connections to customers (market linkages), and connections to investors (investment linkages).
Learn MoreFinancial programs include those that provide direct funding to entrepreneurs, including debt, equity, grants, quasi-equity and/or guarantees.
Learn MoreSome programs provide both financial and nonfinancial support, including some accelerators, technical assistance programs, and coworking spaces.
Learn MoreEntrepreneurs in Ghana have access to 40 different sources of financing provided by 34 organizations. Programs most commonly provide this funding in the form of equity, debt, and grants.
Entrepreneurs don’t just need capital – they often need help refining their business plan, increasing capacity, and reaching both investors and customers. These nonfinancial support providers are common in Ghana, and typically provide business strategy and planning, access to networks and partners, and support on governance structure.
The Ghana Ecosystem Snapshot is part of an initiative by ANDE to better understand entrepreneurial ecosystems in developing economies. To learn more, visit www.ecosystems.andeglobal.org
The Ghana Ecosystem Snapshot is powered by EcoMap Technologies
