Ghana eyes startup hub status with innovation bill

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Ghana is positioning itself as a leading destination for emerging tech companies in Africa, with a proposed Innovation and Startups Bill at the heart of its strategy. Experts say the country stands at a critical turning point in strengthening its entrepreneurial ecosystem.

Consultant Cofie urged a balanced approach, warning that the bill must go beyond policy promises. “Ghana must ensure the Startup Bill is not just a policy on paper but a fully functional system with clear timelines, enforcement mechanisms, and accountability structures,” she said.

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If implemented effectively, the bill could establish Ghana as West Africa’s startup capital attracting investment, spurring innovation, and creating sustainable jobs.

Ghana already ranks third in Africa for female-led ventures, according to the Mastercard Index of Women Entrepreneurs. The bill is expected to further boost women’s participation in the tech space, expanding inclusive growth in the sector.

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