Accra, Ghana – The Tech in Ghana Conference 2024 wrapped up its 14th event on November 27, showcasing Ghana's booming tech industry now valued at $2.6 billion.
Over 500 people, including tech leaders, government officials, and investors, gathered at the Movenpick Ambassador Hotel in Accra for the two-day event. This conference highlighted Ghana's growing tech scene, where the average tech company sells for $70 million and total investment reached $331 million in 2023.
Originally launched in 2017 in partnership with Ursula Owusu-Ekuful (Founder - Tech in Ghana), and the Minister for Communications & Digitalization, Tech in Ghana has grown into a bi-annual event hosted in both London and Accra. This year's edition continued the tradition of fostering dialogue and partnerships among key stakeholders from the public, private, and third sectors.
The conference was supported and attended by notable entities such as the Office of the Vice President, British High Commission, Bank of Ghana, Old Mutual Ghana, National Entrepreneurship & Innovation Programme (NEIP), Ghana Shippers' Authority, Ghana Cyber Security Authority, UN International Trade Centre, Telecel/ASIP, Global System for Mobile Communications Association (GSMA), Andela, ALX Ghana, Bridge Labs, Taptap Send.
Innovation vs. Regulation: A panel featuring representatives from the Bank of Ghana, Paystack, and the National Insurance Commission discussed balancing technological advancement with regulatory frameworks to ensure sustainable growth.
Cybersecurity Focus: Dr. Albert Antwi-Boasiako, Director-General of the Cyber Security Authority, delivered a keynote on the importance of cybersecurity in safeguarding Ghana's digital ecosystem.
Artificial Intelligence Advancements: Darlington Akogo, CEO of minoHealth AI Labs, presented on the development of Artificial General Intelligence for health and biology applications, showcasing Ghana's strides in AI.
Startup Showcases: Emerging startups like Intelli, Paybox Global, and Npunto Technologies showcased their innovations, reflecting the dynamic entrepreneurial spirit within the country.
The Kumasi Takeover: Representatives from Hapa Space, Whizzy Innovation Hub, and Incas Diagnostics highlighted the growing tech scene in Kumasi, signaling regional expansion of Ghana's tech ecosystem.
Tribute to Herman Chinery-Hesse: A session was dedicated to honoring the legacy of the late Herman Chinery-Hesse, a pioneer of Ghana's tech industry, featuring insights from theSOFTtribe.
Future of Work: Discussions centered on leveraging local talent for the global gig economy, with insights from companies like Turntabl and Aya Data.
HealthTech Innovations: A panel explored the transformation of digital health for global impact, featuring experts from Aurum Institute, Bluespace Africa, and Yemaachi Biotech.
Harriet Thompson: The British High Commissioner for Ghana emphasized the UK's commitment to supporting Ghana's tech sector and fostering bilateral cooperation.
Kwame A. Oppong: Head of FinTech & Innovation at the Bank of Ghana, he discussed regulatory approaches to encourage innovation while maintaining financial stability.
Tavona Biza: Group CEO of Old Mutual Ghana, shared insights on financial inclusion and the role of insurance in supporting tech enterprises.
David Antwi Ofori: Director of Innovation at the National Entrepreneurship & Innovation Programme, highlighted government initiatives to bolster entrepreneurship and innovation.
Dr. Albert Antwi-Boasiako: As the head of the Cyber Security Authority, pointed out how important cybersecurity is for advancing digital transformation.
Accra's total early-stage funding reached $80 million between the second half of 2021 and 2023, demonstrating significant growth and investment opportunities for startups. Tech in Ghana contributes to this momentum by providing platforms for startups to connect with investors, as seen in pitch competitions and networking sessions during the conference.
In order to enhance networking and engagement, the organizers introduced the Tech in Ghana mobile app. The app provided attendees with personalized agendas, exhibitor details, and facilitated connections among participants.
An exciting announcement was made regarding the next editions of Tech in Ghana:
2025 Kumasi Edition: Scheduled to take place in the city of Kumasi, dubbed "Tech in Ghana – Kumasi; The Royal Edition," this event aims to spotlight the tech developments in Ghana's Ashanti region.
London Edition: Set for July 10, 2025, the conference will return to London, continuing its mission to bridge Ghana's tech ecosystem with global markets.
Tech in Ghana 2024 served as a catalyst for:
Networking and Partnerships: Facilitated connections among startups, investors, government agencies, and international organizations.
Showcasing Innovation: Highlighted cutting-edge technologies and startups, boosting visibility and attracting potential investment.
Policy Dialogue: Provided a platform for discussions on regulation, cybersecurity, and government support, aligning stakeholders on critical issues.
Talent Development: Emphasized the importance of nurturing local talent to meet global demands, particularly in the gig economy and digital health sectors.
The Tech in Ghana Conference 2024 successfully reinforced Accra's position as a leading tech hub in West Africa. With an ecosystem value growth of 211% and a growing early-stage funding landscape, the city's tech industry is poised for continued expansion. By bringing together a diverse array of participants and focusing on critical areas such as innovation, regulation, and talent development, the event showcased the vibrancy and potential of Ghana's tech ecosystem.
As the country continues to make significant strides in technology and innovation, platforms like Tech in Ghana play a crucial role in driving growth, fostering collaboration, and positioning Ghana on the global tech stage.
For more information and updates on future events, visit techinghanaconference.com and follow Tech in Ghana on social media platforms.