Last week I wrote a little about the incredible work the iSpace, a technology hub in Accra, Ghana are involved in. I spent a lot of time in the hub, taking in the atmosphere and talking to the inspiring young people learning, creating, innovating and aspiring out of the Labone office. One of those that I was introduced to was Emmanuel Mbalam, who has founded a startup called Lending Square. Emmanuel arrived at iSpace for an interview for a position at iSpace but ended up himself being supported by iSpace to develop his business, with funding, business support and event accommodation!
Emmanuel had an air of confidence about him when he began to tell me about his startup. It may have had something to do with being introduced as iSpace’s cash cow, or simply because he has a great idea, which promises to change the lives of many in Ghana.
Access to funds is extremely difficult for many across the entire continent. What happens when you have had a failed farming season, the rains are about to come, but you have no funds to prepare your land? Or demand for your product is high, but you can not afford Continue reading “Did You Know now anyone can access credit in Ghana?”
