We were nominees at the Ghana Startup Awards
The Ghana Startups Awards is an annual award ceremony that celebrates ambitious start-up businesses that are making impact, contributing to economic growth, meeting social needs and putting Ghana on the global economic map.It was an honor to be among the nominees at the Ghana Startup Awards 2017.
Some really exciting businesses were selected, from food processing startup Dough Man Foods, to church management system Asoriba or fintech company ExpressPay. Each of them reflects the dynamism of the Ghanaian ecosystem in all industries.
Under the patronage of Premium Bank, the ceremony recognized the most promising startups and entrepreneurs building global business from Ghana today.
As highlighted by many guest speakers during the event, there is still much to do by banks and the whole system in Ghana to support SMEs and startups efficiently. Just look at the crazy interest rates (above 25% in average!) Events like this show that banks are finally realizing the potential of Ghanaian startups as clients locally but also on the global market. But for some aspects, they already face a tough competition that offers flexibility, cheaper rates and sometimes even more transparency. Online payment platforms are revolutionizing the way money circulates now. A Ghanaian startup can expand its business to the US, Asia or other African markets, collect payment, transfer money, in just a few clicks...sometimes with just a minimum of interaction with their local bank.