By Ashiadey Dotse
President John Dramani Mahama has announced that the government has set aside $50 million to support indigenous startups and build a strong digital finance ecosystem.
Speaking at the launch of the 2025 National Cyber Security Awareness Month in Accra on Wednesday, 1 October 2025, the President explained that the fund is part of his administration’s FinTech Growth Initiative under the Reset Ghana Agenda. He noted that the support will enable Ghanaian innovators to develop solutions to address local challenges and expand their services across Africa.
The President also revealed that a key project under this initiative is the redevelopment of the Dawa ICT Park into a global centre of excellence for digital innovation.
Mahama further stressed that building a secure and resilient digital economy requires more than funding and projects. He said institutions play a vital role, pointing to the inauguration of the Joint Cyber Security Committee (JCC) as a step towards ensuring coordination and proactive measures in defending Ghana against cyber threats.
He reminded Ghanaians that cybercrime knows no borders and called for stronger international collaboration. Ghana, he said, is already a signatory to global conventions such as the Malabo and Budapest treaties and will ratify the United Nations Convention on Cybercrime this October.
President Mahama added that while the government provides policies and infrastructure, citizens remain the first line of defence in cybersecurity. He urged all Ghanaians, from schoolchildren to traders and professionals, to stay informed and vigilant against online risks.
According to him, the Reset Ghana Agenda is not only about building a digital economy but also about creating a safe, inclusive, and accountable digital society that empowers the youth, supports businesses, and secures the nation’s cyberspace.
