Accra, April 30, GNA – Madam Amma Gyampo, the Chief Executive Officer of the Ghana Venture Capital and Private Equity Association (GVCA), has urged investors to prioritise harnessing capital from the local market to fund innovation-led growth in the country.

Speaking at the fourth Ghana Venture Capital Conference, in Accra, Madam Amma highlighted the pivotal role of venture capital in fueling innovation, empowering youth and women, and building resilient businesses capable of thriving amidst global economic shifts.

“Ghana stands at a pivotal moment,” she said. “We must prioritise the mobilisation of local capital to fund innovation-led growth.”

The conference, which was held on the theme: “Mobilising Domestic Capital as a Catalyst for Ghana’s Economic Growth,” provided a vibrant forum for dialogue, collaboration, and strategic action aimed at accelerating inclusive economic transformation.

It was attended by more than 350 guests and esteemed participants, including investors, entrepreneurs, policymakers, and development partners, who explored new frontiers for venture capital and private equity investment in Ghana and across Africa.

The conference also witnessed the launch of the Ghana Pensions and Insurance Industry Venture Capital / Private Equity Compact, spearheaded by Yaw Appiah Lartey, a Financial Advisory Partner at Deloitte Ghana, in collaboration with GVCA and inaugural signatories.

The launch of the Compact marks a historic step toward bridging the financing gap for SMEs by channeling institutional capital into the venture ecosystem.

Also launched at the conference was the Venture Capital Trust Fund (VCTF) Impact Report 2004-2024, which showcased the Fund’s achievements in mobilising investments across sectors such as technology, agribusiness, healthcare, and climate resilience.

Mr Kwamina Asomaning, Managing Director of Stanbic Bank Ghana, addressed both the promise and the challenges of Ghana’s investment ecosystem.

He emphasised the importance of strengthening investor confidence and aligning regulatory frameworks to stimulate long-term capital flow into high-impact sectors.

Source: Ghana News Agency