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
China launches AI contest targeting African innovators and students Initiative aims to identify high-impact solutions across key...
Campus to train youth in coding, data, and artificial intelligence Backed by Axian Group, France, and the European Union Project supports Togo’s...
Government launches plans to improve data use and public services Strategy aims to support responsible use of artificial intelligence Move...
Onatel signs $5.9 million deal to expand rural 4G Project targets 92 localities, 370,000 people in 18 months Initiative aims to narrow...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
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.