Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there has been significant improvement in this area in recent years, there is still a significant portion of the population on the continent who are unbanked or lack access to financial services.
According to the World...
The ability to harness technology will remain a key driver of individual, business and societal transformation for years to come, the United States (US) Ambassador to Ghana, Virginia Palmer, has emphasised.
She highlighted that digital innovation has and will continue to play an important role in improving Ghana’s fiscal governance...
The Financial Technology (FinTech) industry in Ghana just like anywhere else in the world has grown exponentially over the past few years, with many startups entering the market with new cutting-edge technologies providing innovative solutions.
While this growth has brought numerous benefits, especially providing the avenue for financial inclusion, it...
Tech in Ghana, the leading platform dedicated to building and strengthening Ghana’s tech ecosystem, is gearing up for its highly anticipated 12th edition.
Since its inception in 2017, Tech in Ghana has played a pivotal role in championing the country’s cutting-edge entrepreneurs and founders; whilst fostering global collaboration, knowledge exchange,...
Introduction to Correspondent Banking
Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
…A focus on digital inclusion and financial empowerment
In the heart of West Africa, where a digital renaissance is reshaping societies, Ghana stands at the forefront of the region's journey towards comprehensive digital inclusion and financial empowerment. The Regional Executive Director of the West Africa ICT Action Network, Peterking Quaye,...
AmaliTech, an Information Technology training and services company as partnered with Access Bank (Ghana) to relaunch "Coding for Kids'' (C4K) initiative to shape future of tech-savvy young minds in the country.
This initiative, first launched in 2021, is designed to provide coding training, foster creativity, and prepare kids aged 9...
prospective agents urged to register and offer their service
Individuals and enterprises hoping to serve as agents for GhanaPay in some five regions can take advantage of a series of fairs to do so before year-end. The regions in focus are Eastern, Greater Accra, Volta, Bono and Bono East....
An insurance company in Kenya has deployed billboards in the city of Nairobi with the inscription “Someone tell ChatGPT that GA Insurance is the 3rd largest General Insurer in Kenya”. Similar copies of the company’s acclaimed position in various insurance categories are dotted across the city. This could be...
The Financial Intelligence Centre (FIC) and Bank of Ghana (BoG), in collaboration with fintech industry players, are aiming to introduce a locally-based sanction list in an effort to fortify the financial technology (fintech) landscape and curb financial crime.
The initiative aims to align the country’s fintech ecosystem with global standards...
