News
ABB hosts successful pitch event for the second cohort of the anchor incubator project
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The Africa Business Bureau (ABB) has successfully held its Second Cohort Pitch Day event for the ABB Anchor Project at its Tema Branch, bringing together six innovative startups, three industry-expert judges, and an engaged audience for a day of high-impact entrepreneurial presentations.
The event provided a strategic platform for emerging businesses to pitch their ideas, attract potential investors, and secure the support needed to propel their ventures forward. Startups showcased diverse solutions ranging from fashion and beauty to technology, food processing, and e-commerce.
The biggest win of the day went to Edible Treats, a food-processing company specializing in locally-made chocolate bars.
Chief Executive Officer of Edible Treats, Yvonne Nuoriyee secured the first-place prize, which included a cash prize of GH₵10,000 plus an additional business support service valued at GH₵20,000, bringing her total award package value to a staggering GH₵30,000.
The total cash seed fund budgeted to support all participants in the cohort was GH₵50,000.00.
The podium was rounded out by equally impressive startups.
Taking second place was Mchan Cosmetics, led by Hannah Appiah, who presented an innovative line of potash, body creams, and bathing soaps all derived from cocoa pods, earning GH₵5,000 cash plus GH₵20,000 in support benefits.
In third place, Gold Coast Tokota, represented by Samuel Kumi-Gyau, impressed the judges with unique footwear designs that successfully married traditional Ghanaian fabrics with corporate and modern fashion, receiving GH₵3,000 cash and GH₵20,000 in benefits.
The remaining cohort members-Wear Fancy, the tie-dye producer focused on recycling; Stella Dominics Fashion Limited, the clothing brand for all occasions; and MYBESTIE Gh, the E-commerce app consolidating local vendors-also walked away with essential support benefits valued at GH₵20,000 each, ensuring every business had a valuable platform for growth.
In an advice to the entrepreneurs, Mr. Kwadwo Amoako-Attah, Executive Director of Africa Business Bureau, underscored the value of the experience.
He urged the entrepreneurs to meticulously review and apply the judges’ critiques to their business models and pitches, emphasizing that utilizing the feedback effectively is the crucial next step for scaling up operations and meeting the rigorous standards of future external investors.
General Manager for Africa Business Bureau (ABB), Mrs. Natasha Sena Akorli Abraham echoed this sentiment, applauding the participants for their progress and encouraging them to be ready for the next phase of pitching to the wider investment community.
The resounding success of the Pitch Day cemented ABB’s commitment to driving innovation and fostering Ghana’s next generation of successful entrepreneurs.
News
Mahama chairs security meeting over drug trafficking, orders formation of inter-agency task force
President John Dramani Mahama today chaired a meeting of security chiefs and received a detailed briefing on investigations into the recent trafficking of drugs out of Ghana’s ports.
The President was informed that ten individuals, including four officers of the Customs Division of the Ghana Revenue Authority (GRA), are being held while investigations continue.
The meeting reviewed the structure and security systems in place and recommended new actions.
President Mahama has directed that an inter-agency task force be formed to present a detailed roadmap, emanating from today’s meeting, on measures to prevent the trafficking of drugs through Ghana’s borders within two weeks.
By Edem Mensah-Tsotorme
A University of Ghana research on the New Patriotic Party (NPP) National General Secretary election has found that 74.2% of surveyed delegates expect former Subin MP Eugene Boakye Antwi to win the October 3 election.
The research, conducted by a team of lecturers from the University of Ghana, Legon, led by Dr Chris Atadika, involved 889 NPP stakeholders.
According to the findings, 657 of the 889 respondents, representing 74.2%, identified Eugene Boakye Antwi as the candidate they expected to win the General Secretary position.
Incumbent General Secretary Justin Frimpong Kodua was identified by 223 respondents, representing 25.1%, while six respondents, or 0.7%, mentioned Sylvester Tetteh.
The researchers, however, stressed that the figures reflect the expectations of the respondents and should not be interpreted as an independent prediction of the election outcome.
The study also examined other areas of the contest, including candidate preference, perceived ability to help the NPP win the 2028 general election and name recognition.
On candidate preference, 76.6% of respondents identified Eugene Boakye Antwi as their preferred candidate, compared with 23.1% for Justin Frimpong Kodua.
When asked which candidate they believed could help the NPP win the 2028 election, 60.1% mentioned Eugene Boakye Antwi, while 39.2% chose Justin Frimpong Kodua.
The research further found that Eugene Boakye Antwi had an 82.7% name recognition among respondents when they were asked to identify candidates contesting the position. Justin Frimpong Kodua recorded 13%.
The respondents also identified good communication skills and boldness, the ability to help the party secure victory in 2028, and the ability to unite the party as some of the key qualities needed in the next General Secretary.
The study recorded 100% awareness of the General Secretary election among the respondents.
The research team, led by Dr Chris Atadika, is expected to brief the media on the full findings at the Department of Political Science at the University of Ghana, Legon.
The NPP will elect its National General Secretary on October 3, 2026.
By: Jacob Aggrey
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