New Economy Booster COVID-19 economic recovery program comes to an end

New Economy Booster program closing event

The New Economy Booster program (NEB), which has supported businesses focused on solving Covid-19 related socio-economic problems in Ghana, wrapped up yesterday, 16 April 2021.

Since its launch in September last year, the social enterprise project has supported over 200 advanced and early-stage ventures, startups, non-profit organizations, and initiatives in Ghana.

Continue reading “New Economy Booster COVID-19 economic recovery program comes to an end”

New Economy Booster: Acceleration ventures exchange ideas with Entrepreneur-in-Residence Derrydean Dadzie

Top ventures of the booster program engage renowned entrepreneur

Ventures accepted into the New Economy Booster Acceleration track, spent time engaging the Entrepreneur-in-Residence (EiR) Derrydean Dadzie on Friday, 5 of March at Impact Hub Accra.

At the forum, the ventures, many of whom are less than 3 years old or just formed, discussed real-life problems entrepreneurs face as case studies, with guidance from Dadzie, CEO of DreamOval a fintech company, and also Chief Executive Officer of the Ghana Chamber of Technology.

The ventures also networked among themselves.

Continue reading “New Economy Booster: Acceleration ventures exchange ideas with Entrepreneur-in-Residence Derrydean Dadzie”

New Economy Booster and COVID-19 pandemic

Supporting social entrepreneurs make sustainable, resilient and inclusive gains towards socio-economic recovery

BASICS International is a social enterprise helping community youths out of poverty and achieve social freedom. They have made 2.5 million face masks in Chorkor since the start of the COVID-19 epidemic.

The evolving COVID-19 pandemic from the onset has impacted nearly every known component of Africa’s economies and societies.

In 2020, the World Bank announced that sub-Saharan Africa’s Growth would fall -3.3%, and this would push the region into its first recession in 25 years.

In Ghana, businesses were affected such that the Statistical Service, World Bank and UNDP jointly reported that companies reduced wages for over 770,000 workers, and laid off about 42,000.

Continue reading “New Economy Booster and COVID-19 pandemic”

Lafiya Innovators: Home Mobile Nurse

Anthony Ogoe, CEO of Home Mobile Nurse speaks about his start up; how the COVID-19 pandemic impacted his business in 2020 and how the Lafiya Innovators program boosted his company.

Home Mobile Nurse brings health-care directly to patients’ homes, while also increasing employment opportunities for nurses.

Lafiya Innovators is a startup incubation program to support and accelerate early to mid-stage startups addressing challenges around health and determinants of health in lower and middle-income countries.

Lafiya Innovators: Gricd

Oghenetega Lortim the CEO of Gricd speaks about his start up; how the COVID-19 pandemic impacted his business in 2020 and how the Lafiya Innovators program transformed his company.

Gricd is a Lagos-based startup that built a smart cold chain box that could help people, especially health personnel, keep temperature-sensitive commodities (like vaccines; blood) at regulated temperatures during storage and transportation.

Lafiya Innovators is a startup incubation program to support and accelerate early to mid-stage startups addressing challenges around health and determinants of health in lower and middle-income countries.

Lafiya Innovators: Verifie Health Ghana

Alexander Quiasie CEO of Verifie speaks about the start up; how the COVID-19 pandemic impacted his business in 2020 and how the Lafiya Innovators program helped his company.

Verifie is an Accra-based startup that offers sexual health education, testing, counseling and guidance towards receiving the appropriate methods of prevention and/or treatment through interaction via a confidential and convenient app.

Lafiya Innovators is a startup incubation program to support and accelerate early to mid-stage startups addressing challenges around health and determinants of health in lower and middle-income countries.

New Economy Booster Features: Green Ecoworks

Emmanuela Appiah of Green Ecoworks talks to us about her reasons for joining the New Economy Booster (NEB) program and how the venture has benefitted from the program. Green Ecoworks made it into the Acceleration phase of the program.

The Green Ecoworks Project is about recycling of single-use plastic waste into beams, sheets, and blocks that can be used to make furniture, containers, and a variety of structures like kiosks, pop-up shops, and others.

Their products are low-cost and easy to produce. Also they can be recycled multiple times after initial use.

New Economy Booster Features: Frish (Nshonam)

Samuel of Frish (Nshonam) talks to us about joining the New Economy Booster (NEB) program and how his business has benefitted from it during the COVID-19 pandemic. Frish (Nshonam) made it into the Acceleration phase of NEB.

Frish aims at aggregating artisanal fishing and marketing via a combination of e-commerce and traditional selling strategies. This tech-enabled solution is aimed at pushing for microfinance support for fishing communities in the value-chain.

New Economy Booster Features: Magvision Recycling

Magdalene Ontoba of Magvision Recycling talks to us about joining the New Economy Booster (NEB) program and how her business has benefitted from it during the COVID-19 pandemic. Magvision Recycling made it into the Acceleration phase of NEB.

Magvision enterprise provides a wide range of plastic solutions for households and raw materials for various packaging companies. They have a recycling collection centre. They don’t only collect plastic waste, they organize programs and educate people on how to manage waste.

New Economy Booster Features: Barah Farms

Philip Appiah Yamoah of Barah Farms talks to us about his reasons for joining the New Economy Booster (NEB) program and how his venture has benefitted it during the COVID-19 pandemic. Barah Farms made it into the Acceleration phase of the program.

Barah is an enterprise offering hatchery services that provides day-old chicken, guinea fowls and turkey for local farmers at affordable prices while developing breeding stocks.

New Economy Booster Features: Health Direct Global

Kelvin Ashie the Co-founder of Health Direct Global talks to us about his reasons for joining the New Economy Booster (NEB) program and how his venture has benefitted from it. Health Direct Global made it into the Acceleration phase of NEB.

Health Direct Global provides an inclusive suite of digitally-enabled platforms that allow health consumers to connect to an aggregated on-demand network of health professionals, service providers and impact-driven healthcare interventions.