Code Management Group (CMG), an investment management group in partnership with the China Europe International Business School (CEIBS), will host a four-month business incubator for start-up businesses in Ghana and Nigeria.

In the first quarter, the inaugural incubator will start in Accra, Ghana, then Lagos, Nigeria, in the third quarter.

In the end, participants will be able to pitch to investors for funding.

Since 2018, CMG’s leadership has travelled to Ghana on trips dubbed discovery tours to learn the market.

Connecting with creatives and industry leaders, the group took a social research approach to understand the needs of businesses in Ghana deeply. Adding value is a priority. CMG’s solutions were born out of years of social listening and research.

They learned some of the biggest gaps involved lack of funding, intellectual property protection and business education.

The incubator was chosen as the first of many solutions for the Ghanaian market. 

Deemed the world’s second-fastest-growing region by global economic experts, Africa experienced 4.6 per cent average annual Gross Domestic Product growth from 2000 to 2016. 

This extensive economic backdrop has been a crucial driver of Africa’s venture capitalist industry, creating a favourable economic environment to catalyse innovation, entrepreneurship, and investment.

The inaugural Incubator will be 16 weeks with diverse modules led by successful international business leaders and professors from across Africa.

Financier and CEO of Code Management Group, Fabian Thorpe, said, “Code is committed to preparing African start-ups for investment. We see solutions to local problems as global opportunities.”

“CMG has a keen interest in building the African business ecosystems. The group has offices in London, Accra and Lagos and has begun the year by hosting growth-focused event activations.

“CEIBS is happy to partner Code Management in this important intervention to fill the start-up investment gap in Africa.

“I strongly believe that the program will help participants build more robust businesses to attract the right investments and partnerships. Therefore, I encourage any entrepreneur seeking to be successful to consider joining the program seriously.”