PARIS&Co, the economic development and innovation agency of Paris, and Meltwater Entrepreneurial School of Technology (MEST) signed an MoU, underpinning France's recognition of Ghana's potential in new technologies and its support of the West African country's startup ecosystem.

A statement by the French Embassy in Ghana says the African country's entrepreneurial ecosystem is in full development and "Ghanaian entrepreneurs are the result of this new technological generation, which is evolving in a society in profound change. Accra is thus part of these dynamic, innovative cities, hosting many startups and incubators."

According to the partners, the purpose of this MoU is to establish a mutually beneficial relationship in order to foster growth of each of the parties' ecosystem "by facilitating the circulation of startups between the two cities and also facilitating the circulation of information between the two parties."

"It also shows the interest aroused by the Ghanaian entrepreneurial ecosystem and its qualities of innovation with French digital operators already present in Africa within the French Tech hubs of Abidjan and Cape Town," the statement continues.

France plays an increasing role in the digitisation in Africa

The signing of this agreement comes as France hosts the largest incubator in the world: 'Station F', a symbol of France's role as a forerunner in the field of new technologies.

HE François Pujolas, the Ambassador of France to Ghana, said, "This agreement, which is the first in our bilateral relations, shows the increasing role of France in the digitisation of Africa. In the case of Ghana, young entrepreneurs have been and will be invited to France in order to support innovation."