News Digital

Ghana sets nationwide consultations on Draft Innovation & Start-Up Bill.

Ghana sets nationwide consultations on Draft Innovation & Start-Up Bill.
Monday, 29 September 2025 11:53

• Ghana holds nationwide workshops to validate its Draft Innovation & Start-Up Bill.
• The bill targets tax relief, funding access, and a certified startup label.
• Ghana hosts 136 startups, representing 12% of West Africa’s ecosystem and ranking 81st globally.

Ghana’s Ministry of Communication, Digital Technology, and Innovation has announced nationwide validation workshops for the Draft Innovation and Start-Up Bill, marking the start of a public consultation phase aimed at refining the text through input from government agencies, academia, tech hubs, private sector actors, and civil society. The announcement was made on September 25, 2025, as part of a push to formalize support for startups and innovation-driven enterprises. 

The workshops follow a series of preparatory steps taken earlier in the year. On March 20, 2025, ecosystem stakeholders presented a work plan and roadmap for the bill to Samuel Nartey George, Minister for Communication, Digital Technology, and Innovations, marking a milestone in the drafting process. Sector outlets also reported related briefings in late March. 

According to official and trade sources, the draft bill aims to create a legal and regulatory framework for startups and innovation enterprises, including the establishment of a dedicated Ghana Innovation and Startup Agency and the provision of incentives such as tax exemptions and targeted funding mechanisms. Government communications indicate the text is being developed with multi-stakeholder input and is intended to streamline registration and support the commercialization of research. 

Publicly available materials on the initiative note that advocacy around a startup framework has been underway since 2020, when a committee involving the National Entrepreneurship and Innovation Programme and private-sector partners began work on the Ghana Startup Bill concept and outreach. Stakeholder dialogues and retreats have been organized across regions to consolidate proposals and gather feedback from ecosystem actors. 

Ghana’s move comes amid a broader continental trend of codifying startup policies. Nigeria enacted its Startup Act in 2022, introducing a formal labeling system and incentives. Implementation guidance has been detailed in public documents released by federal agencies and advisory firms. Other African markets are updating policy toolkits through decrees or draft frameworks with similar goals of easing regulatory burdens and catalyzing investment.

Ecosystem indicators provide context for the policy push. StartupBlink’s 2025 Global Startup Ecosystem Index ranks Ghana with 136 startups—approximately 12% of West Africa’s total—placing it 81st globally and third in West Africa, up one place from 2024. The index tracks year-over-year momentum alongside regional comparisons in depth and density.

Funding data underscore the regional competitive landscape. Multiple datasets indicate that Africa’s venture market totaled approximately US$3.2 billion in 2024 (equity plus debt), with the “big four” markets—Nigeria, South Africa, Egypt, and Kenya—accounting for the bulk of capital. Country breakdowns published by industry outlets indicate that Kenya led in 2024, with approximately US$638 million raised, while Nigeria, Egypt, and South Africa followed.

Ghanaian authorities state that the draft bill is designed to channel policy toward job creation, competitiveness, and innovation by aligning fiscal incentives, funding vehicles, and institutional support. The ongoing validation workshops are expected to collect stakeholder feedback before the text proceeds to the next legislative steps.

Hikmatu Bilali, Edited by Idriss Linge

 

On the same topic
• Morocco and UNDP launched a $38 million Digital for Sustainable Development (D4SD) Hub to drive AI, digital infrastructure, and innovation in...
• Ethiopia, China sign MoU to advance “Digital Ethiopia 2025” strategy• Deal covers telecoms, 5G, AI, cloud, and skills transfer• Aims to boost...
• Airtel Madagascar launches VoLTE for HD calls on 4G network• Service enables calls with uninterrupted internet use at no extra cost• Move follows...
• Ghana holds nationwide workshops to validate its Draft Innovation & Start-Up Bill.• The bill targets tax relief, funding access, and a certified startup...

Most Read
01

WAEMU economy to grow 6.5% in Q3 2025, BCEAO says Growth driven by agriculture, extractives,...

Fueled by Oil and Farms, WAEMU Economy Accelerates, Projected to Grow 6.5% in Q3
02

Coca-Cola Beverages South Africa (CCBSA) is considering cutting over 600 jobs. This represent...

Coca-Cola Beverages South Africa Could Plan Up to 600 Job Cuts
03

• Safaricom’s M-PESA Fintech 2.0 upgrade lifts capacity to 6,000 transactions per second, scalable t...

Safaricom Unveils Fintech 2.0 Upgrade to Expand M-PESA’s Reach
04

• Safaricom launches "Fintech 2.0" upgrade for M-Pesa platform• Boosts capacity, adds AI fraud tools...

Safaricom Retools M-Pesa for ‘Fintech 2.0,’ Eyeing a $14.5 Billion Market
05

M-KOPA sold 1.3M smartphones in 2025, reaching 6.4M devices sold since 2020. 42% of buyers got th...

M-KOPA Sells 1.3 Million Smartphones in 2025, Contributing to the Expansion of Africa’s Digital Reach
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.