Copyright myjoyonline
Quick Angels Limited has launched a Ghs300 million Scale-Up fund aimed at accelerating the growth of Ghanaian-owned enterprises and deepening the country’s entrepreneurial ecosystem. The fund, unveiled by Chief Executive Officer Emmanuel N. L. Lamptey, forms part of Quick Angels’ broader commitment to bridge the gap between potential and prosperity by offering equity funding, business mentorship, and governance support to local entrepreneurs. According to Mr. Lamptey, the Scale-Up Fund represents the next phase of the vision of Quick Angels founder Mr. Richard Nii Armah Quaye, who established the company to provide “patient capital” to Ghanaian innovators and small businesses. Over 300 enterprises across key sectors, including agriculture, manufacturing, technology, fashion, logistics, and renewable energy, have applied for support under the fund. Notably, 40 percent of these ventures are female-led, underscoring the growing role of women in Ghana’s business landscape. Mr. Lamptey highlighted Quick Angels’ track record in supporting transformational brands such as Pizzaman-Chickenman, Sankofa Natural Spices, and Lynx Entertainment, noting that these success stories prove that Ghanaian enterprises can scale sustainably with the right structure and capital. “Ghana’s economic story will not be written by promises, but by partnerships,” he said. “Our focus is to move from individual success stories to an enduring pipeline of businesses that can compete globally.”He further explained that the Scale-Up Fund will provide entrepreneurs not only with capital but also with the tools and mentoring needed to ensure long-term sustainability. “Funding opens the door,” he said, “but discipline keeps you in the room.” The initiative is expected to serve as a catalyst for job creation and innovation, particularly among young and emerging entrepreneurs. Industry analysts say the fund could help ease the financing gap facing small and medium-sized enterprises (SMEs), which remain a critical driver of Ghana’s economy but often struggle to access credit from traditional financial institutions. Mr. Lamptey called on investors, corporate leaders, and policymakers to join hands in building a more robust private sector, emphasizing that Ghana’s future depends on collaborative efforts that transform ideas into lasting businesses
