Ghana's Swoove says set to deliver growth after startup contest - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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As a pair of motor-cyclists from Ghanaian startup Swoove zipped along Accra’s back streets with deliveries last week, a team of software engineers tracked their progress on screens.

Workers prepare orders inside the office of Ghanaian courier logistics startup Swoove, in Accra, Ghana November 25, 2022.Workers prepare orders inside the office of Ghanaian courier logistics startup Swoove, in Accra, Ghana November 25, 2022.

“Businesses who can survive within this particular time frame will do even better when times get better,” Kwaku Tabiri said of Swoove, which makes more than 5,000 deliveries per month. It was the first in-person competition at the Silicon Valley-style Accra campus of the Africa-wide technology entrepreneur training programme and seed fund since the coronavirus pandemic forced it online in 2020.This year’s finalists developed their businesses in a downturn that has disproportionately affected emerging markets, making their journey to success much harder, MEST’s portfolio director Melissa Nsiah said.

 

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Ghana to swap domestic debt in fight to regain economic stability - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Ghana will launch a domestic debt exchange on Monday, its Finance Minister Ken Ofori-Atta said, expressing confidence that the move would help restore macroeconomic stability and end the West African country’s worst economic crisis in a generation.
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