Ghana’s Ecommerce Startup Seven Inc. Just Promised To Invest $10m In Ghanaian Startups
Seven Inc., a Ghanaian ecommerce startup has a big ambition: to invest $10m in startups in Ghana. According to Vincent Djokoto, Managing Director of the startup, Seven Inc. has already entered into partnership with another local and Ghana-based tech, design and logistics firm to bring that ambition into fruition.
“Seven has recently entered quite an exciting phase as a startup,” he tells the Business and Financial Times newspaper. “We’ve partnered with a local tech firm and are confident of a fully-functioning life-changing app within the first quarter of 2021,” he further said, adding that: “We’re looking to pump 10 million dollars, over the next 5 years, into the business.”
Afrikan Heroes will keep an eye as well as follow up with Seven Inc. in due course. Startups in Ghana desirous of these opportunities should therefore continue to watch this space.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer