Open call: AMAKA Capital credit facility for Ghanaian creative businesses

Founded by Adaora Oramah, AMAKA aims to boost the gig economy by “empowering creators to amplify and monetise their stories.”

AMAKA Capital, rolled out in partnership with Oakwood Green, targets registered creative businesses, creators, and creative freelancers to access cash right after their completed projects.

“We know how frustrating it can be to wait for payments for 60 to 90 days after completing a project,” AMAKA said. “That’s why we offer upfront immediate payment for your invoices, with your client paying us back directly later.”

The facility is currently available to Ghanaian businesses, but the service is expected to launch in other regions soon.

Eligibility

To qualify, applicants must:

1. Have an AMAKA account.
2. Be active on AMAKA for a minimum of one month.
3. Have commissioned at least one creative talent on AMAKA Gigs

Interested businesses may apply here.

Earlier this month, AMAKA secured $2m in seed funding led by Equitane with participation from Morgan Stanley Inclusive Ventures Lab, Silverbacks Holdings, and various angel investors.

“This investment enables us to scale to a full proposition and technological ecosystem for creators to share content while also being commissioned for their work on the platform,” Oramah said.