The Top 10 VC Firms In Ghana [2024]

Updated: January 20th, 2022

Are you looking for a VC firm for your Ghana based startup?

Finding the right investment firm for your startup can be a daunting task.

There are a number of successful venture capital firms in Ghana, and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Oasis Capital

  • Location: Ghana and Cote d’Ivoire.
  • Industries: Private education, Housing & Hospitality, Food Services, Financial Services, and Healthcare.
  • Investment Range: $500K - $5M
  • Stage: Seed Stage
  • Companies invested in:Joyce Ababio College, Sonam Vie, Metropolitan Health Insurance, Everpure, Pisam, Redrow Developments LTD.

Oasis Capital invests in entrepreneurs with experience and a promising business strategy that will yield sustainable growth and profitability.

Oasis currently invests in companies focusing on private education, housing & hospitality, food services, financial services, and healthcare-related solutions.

Typically, the VC firm will not invest unless there is ample demonstration of scalability, and the investee companies have shown organic growth opportunities. Oasis capital commits investments in the range of $500K and $5M.

Learn more about Oasis Capital ➜



  • Location: Accra, Ghana
  • Industries: Manufacturing , Agro-Processing
  • Investment Range: GHC 500K - GHC 5M
  • Stage: Seed Stage, Growth & Expansion

Industrial Support Fund Ghana, (ISF Ghana), is a closed-end VC fund by Impact Capital Advisors and targets the agro-processors and the light manufacturing SMEs.

The venture capital fund invests between GHC 500K and GHC 5Million per SME, at the early stage and growth/expansion stages. Impact Capital Advisors targets commercially viable ventures that have shown huge growth potential and promising financial returns.



3. JCS Investment LTD

  • Location: Accra, Ghana
  • Industries: Rural Development & Financial inclusion, Agribusiness Investment, Positive Gender Lens Investing, Renewable energy, Health.
  • Investment Range: S50K - $250,000
  • Stage: Seed Stage

JCS Investment LTD invests in Rural economic developments, renewable energy, positive gender lens, Agribusiness, and health sectors.

Typically, the VC firm aims at supporting impact-focused organizations at different growth phases. The singular focus on inclusive impact investments has enabled the VC firm to develop an adaptable, analytical approach to growth.

Learn more about JCS Investment LTD ➜


4. Chanzo Capital

  • Location: Kenya, Ivory Coast, Nigeria, Ghana And South Africa
  • Industries: Technology
  • Investment Range: $50K - $5M
  • Stage: Seed Stage
  • Companies invested in:Zulzi, Forhey. Farmerline, amp.IT, Hubtel, HotelOnline, eCampus, FinAccess, Digitech Group.

Chanzo capital invests in early-stage high-growth tech-venture that are leveraging mobile and web technology to solve critical problems in sectors that drive the digital economy like Fintech, e-Commerce, Edtech, Agtech, Logisticstech, Mediatech, Healthtech, Cleantech, etc.

The VC firm invests between $500K and $5Million staggered over the exponential growth phase of the company from Series A to Series C. besides, Chanzo Capital makes seed investments of $50K to $500K.

Learn more about Chanzo Capital ➜


5. Ghana Venture Capital Trust Fund

  • Location: Accra, Ghana
  • Industries: SME, Agriculture
  • Investment Range: Not Disclosed
  • Stage: Seed Stage

Venture Capital Trust Fund was established by Venture Capital Ghana and provides financial resources for the development and promotion of venture capital financing for small and medium enterprises.

The Venture capital firm seeks joint ventures with partners and focuses on SMEs through equity, debt, or a combination of equity and debt instruments.

The VC fund seeks at boosting economic development and setting the stage for sustainable agricultural development.

Learn more about Ghana Venture Capital Trust Fund ➜


6. Quick Angels Ghana

  • Location: Accra, Ghana
  • Industries: Sector Agnostic
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in Ridge Medical Center, Dough man foods, Prospectus Ghana, Zaconut, Pinkberry, Coli network

Quick Angels Ghana invests in innovative startups in return for an equity stake in the business. Quick Angels Ghana invests in both potential and existing entrepreneurs.

The VC firm leverages the team's strong experience and vast business network to provide investees with strong financial returns.

Learn more about Quick Angels Ghana ➜


7. Alitheia

  • Location: Nigeria, Ghana, South Africa, Lesotho and Zambia
  • Industries: Business, Social, Environment Issues
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in Paga, Baobab, Max. ng, Lidya, tomato Jos, Sparkmeter, SKLD, Reelfruit, Oradian.

Alitheia Capital is a private equity fund that invests in SMEs that address business social and environmental issues. Through the Alitheia Identity Fund (ALF), the VC firm proactively invests in a diversified portfolio targeting growth stage women-owned companies.

The Alitheia Identity Fund provides growth capital and various value-added services targeting female-owned / managed SMEs and guiding them to become major industry players.

Learn more about Alitheia ➜


8. Golden Palm Investments

  • Location: Accra, Ghana
  • Industries: FinTech, Digital Health and Marketplace
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Ajua, ASndela, Africa Health Holdings, Autocheck, Chaka, Flutterwave, Fibre, Frontier CAR group, Jetstream, Mono, mPharma.

Golden Palm Investments targets high-growth companies within the FinTech, Digital Health, and Marketplace sectors.

The VC firm remains committed to its resources and leveraging its expertise to build an excellent business that leaves a positive and long-term impact on people.

Learn more about Golden Palm Investments ➜


9. Norfund

  • Location: Accra, Ghana
  • Industries: clean energy, financial institutions, green infrastructure, and scalable enterprises.
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Bio2Watt, Hattha Kaksekar, Agrivision, Fanisi, Marginpar, Central Solar de Mocuba.

Norfund invests in businesses that drive sustainable development in line with the UN's sustainable development goals.

Therefore, Norfund seeks to assist firms that focus on ensuring sustainable business and industries in developing countries. The Vc firm has shown particular interest in clean energy, financial institutions, green infrastructure, and scalable enterprises.

Learn more about Norfund ➜


10. Kosmos Innovation Centre

  • Location: Ghana, Cote Divoire, Senegal, Mauritius,
  • Industries: AgriTech
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: TEN Fields, Jubilee Field,

Kosmos Innovation Center invests in young entrepreneurs and small businesses and focuses on empowering entrepreneurs to turn their ideas into viable, self-sustaining businesses.

Since its inception, the Kosmos Innovation Center continues focusing on Agri-tech innovation and has committed its resources through seed funding, additional business training, and capital investments.

Learn more about Kosmos Innovation Centre ➜


meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.