Fidelity Bank Ghana has reaffirmed its commitment to sustainable development with a GH₵1million investment in 16 climate-smart enterprises under the second edition of the GreenTech Innovation Challenge (GTIC).
The initiative, implemented in partnership with Innohub, aims to accelerate the growth of businesses providing innovative solutions in agriculture, environmental sustainability, and technology-driven resilience.
The pitch event, held at the West Africa Centre for Crop Improvement at the University of Ghana, Legon, brought together innovators, financiers, and partners in the climate innovation ecosystem. Out of 25 shortlisted enterprises, 16 advanced to the final stage after a rigorous evaluation process focusing on areas such as precision agriculture, post-harvest management, digital financial services, and value chain optimisation.
AgriCentric Ventures, Peellnnova Limited Company, and Danny Machinery emerged as the top three winners, receiving GHS 200,000, GHS 100,000, and GHS 70,000 respectively. The remaining 13 enterprises were each awarded GHS 50,000 in grant support to scale their operations and refine their solutions.
To ensure sustainable impact, the 16 enterprises will undergo six months of business incubation and acceleration under the guidance of Innohub. The process will provide technical support, mentorship, and access to funding opportunities to help the businesses transition from innovative ideas to commercially viable ventures.
Speaking at the event, Nana Yaa Afriyie Ofori-Koree, Head of Partnerships, Sustainability and CSR at Fidelity Bank Ghana, said the initiative reflects the bank’s long-term vision for environmental stewardship and economic growth. “The agriculture sector is the cornerstone of Ghana’s economy and remains the most vulnerable to climate shocks. Our commitment to the GreenTech Innovation Challenge is a strategic investment in the future of our nation's food security and economic resilience. As we successfully conclude this second edition, we are demonstrating that technology, finance, and entrepreneurial spirit can converge to solve Africa’s most pressing challenges,” she stated.
Chief of Staff at Innohub, Mami Serwaa Amoakohene, commended the partnership for its role in empowering local innovators. “The collaboration between Fidelity Bank and Innohub represents what’s possible when the private and development sectors work hand in hand. It’s a model for how Africa can finance its future sustainably. After a successful first edition in 2024, this year’s Challenge builds on the momentum, with even stronger ideas, deeper collaborations, and clearer pathways to scale,” she said.
Ms Amoakohene added that Fidelity Bank continues to demonstrate leadership in sustainable finance while Innohub remains focused on equipping climate-focused ventures with the technical and market support needed to thrive.
The GreenTech Innovation Challenge continues to position Fidelity Bank as a leader in climate-smart finance, fostering a community of entrepreneurs who place sustainability at the centre of business growth.
