What’s happened this Week:

• Ghana selects two potential sites for its nuclear reactor

• Genetics startup 54gene is shutting down after 4 years

• and more!

On Thursday 21st September 2023, a group calling themselves “Democracy Hub” planned a demonstration at the Jubilee House, a residence and office of the President of Ghana, to protest about the state of the country.

The protests, which ran for three (3) days, started on Thursday morning and ended on Saturday evening.

The protests started online on X (formerly Twitter) and began with the hashtag #OccupyJulorbiHouse

So how did this all get started and why did the protests happen? Read the story now

In The News This Week:

CEO Of ChipperCash Joins Inaugural Members of US President’s Advisory Council on African Diaspora Engagement in the United States

US President Joe Biden has announced the inaugural members of the President’s Advisory Council on African Diaspora Engagement in the United States with the inclusion of Chipper Cash CEO Ham K. Serunjogi

Nsuban and Obotan Selected As Potential Sites for Ghana’s First Nuclear Power Plant

Nuclear Power Ghana (NPG) has selected Nsuban and Obotan as two potential sites to host Ghana’s first Nuclear Power Plant.

Reports state that Nsuban in the Western Region is the preferred location, while Obotan in the Central Region will serve as a backup site.

Health Startup 54gene Is Shutting Down After Four Years And Raising $45 Million

Genomics startup 54gene is reportedly shutting down according to sources confirmed by TechCabal. The company started the process of shutting down in July 2023.

In the rest of the news:

• Is The Creator Economy Becoming a Crucial Driver of Global Economic Growth and Recovery?

• Is Influencer Marketing Creating More Conflict Of Interest for Ghanaian Media Personalities?

• Micheline Ntiru, Ola Brown, Maya Famodu and Other Industry Leaders Attend Women Who Build Africa’s Tech Assembly in Nairobi

• Moneygram To Launch Crypto Wallet For Cross-Border Payments in 2024

• Five African Health-Tech Startups Selected for Google for Startups AI Program

• In Memorium: Revisiting Five Ghanaian Startups Who Shut Down

Tech Events In Ghana

We’re putting together events that will be happening later in Ghana this year. You can check them out here:

Africa Ecosystem Funding Activity

• Nigerian auto-tech startup Fixit45 raises $1.9m pre-seed funding round - Disrupt Africa

• Kua Ventures invests over US$1m in 20 Kenyan SMEs - Disrupt Africa

• USAID, ITIDA graduate 3rd cohort of Startups Accelerator Programme in Egypt - Disrupt Africa

Labari Media Podcast

On our latest episode, we talked with Molly Jensen, CEO of Afripods. Afripods is a platform that allows podcasters to upload their shows and episodes and get access to analytics and monetizing opportunities.

Ecosystem Data Portal

Subscribe to our Tech Ecosystem data portal and get access to information on 200+ startups and companies in the Ghanaian tech ecosystem.

You can access all this data by subscribing to our portal here for $20/month (or 60GHC a month)