Ghana’s Startup Bill Nears Approval: Lessons from Africa’s Best and Worst Startup Laws
Ghana is on the brink of a potentially transformative moment for its entrepreneurial ecosystem. The Ghana Innovation and Startup Bill, spearheaded by the Ministry of Communications, Digital Technology, and Innovation, aims to provide a structured legal framework to formalize support for startups, attract investment, and stimulate innovation. If passed, this bill could significantly improve access to funding, regulatory clarity, tax incentives, and ecosystem collaboration. However, given the experiences of other African nations that have implemented Startup Acts, Ghana must approach this bill with both optimism and caution.
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