GJO & Partners

Funding and investors in Ghana: market analysis

Who invests in Ghana, in which sectors, with which tickets and instruments: every figure below is computed from the funding deals recorded on the platform.

52

deals recorded

7

over 12 months

4.8 M$

median disclosed ticket

76

identified investors

Key findings

  • 52 funding deals recorded (Ghana) since 2011, involving 44 companies and 76 identified investors. 7 of them over the last 12 months (9 the previous year).
  • Median disclosed ticket: 4.8 M$; half of the deals fall between 2.4 M$ and 10.5 M$ (29 amounts disclosed out of 52, 621.9 M$ in total).
  • Where the money goes: Agribusiness (27 %), Fintech (17 %), Energy (12 %).
  • Most frequent stage: Growth (33 %); most used instrument: Equity (52 %).
  • Most active investors: AFIG Funds (4), IFC (International Finance Corporation) (4), 54 Collective (2).
  • 31 % of deals are syndicated (at least two investors around the table).

Sectors

  • Agribusiness14
  • Fintech9
  • Energy6
  • SaaS6
  • Financial services6

Industries

  • Agritech8
  • Data and AI3
  • Money transfer and remittances3
  • Vertical software3
  • Banking2

Stages

  • Growth17
  • Seed10
  • Debt5
  • Pre-Seed4
  • Series B2

Instruments

  • Equity27
  • Senior debt6
  • Grant2
  • Guarantee1
  • Quasi-equity1

Deals per year

YearDealsDisclosed amounts
20211—
202252.7 M$
20235120.2 M$
20241659.1 M$
2025842.9 M$
2026763.1 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Complete FarmerAgritech · GhanaSept 20262.4 M$IFC (International Finance Corporation)source
Absa Bank GhanaBanking · Ghana · DebtSept 202650 M$IFC (International Finance Corporation)source
SeevcashPayments and mobile money · GhanaSept 2026333 k$Stellar Development Foundationsource
Fido GhanaDigital lending and scoring · Ghana · DebtFeb 20265.5 M$BlueOrchard Financesource
Kuapa KokooCocoa, coffee and export crops · Ghana · DebtJan 20262.4 M$Sahel Capitalsource
SommalifeCocoa, coffee and export crops · Ghana · SeedJan 2026undisclosedAcumensource
SORA TechnologyData and AI · Ghana · SeedJan 20262.5 M$Daiwa House Group Investmentsource
LiquifyLeasing and factoring · Ghana · SeedJun 20251.5 M$Future Africasource
Complete FarmerAgritech · GhanaJun 20252.5 M$European Unionsource
SORA TechnologyData and AI · Ghana · SeedMay 20254.8 M$Nissay Capitalsource
ZeepayMoney transfer and remittances · Ghana · DebtApr 202518 M$undisclosedsource
KofaElectric mobility · Ghana · SeedApr 20258.1 M$E3 Capitalsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.