Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has acknowledged the critical role of a harmonized regulatory framework and strategic partnerships among digital space players in achieving broad financial sector inclusion and enhancing intra-African trade. Speaking at the Continental Mobile Interoperability Symposium by the Africa Prosperity Network in Accra, Dr. Addison stressed that … Read more
Advertisement Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Africa has made giant strides in FinTech development and regulation, particularly with its leadership role in the mobile money technology space. Therefore, he said, the concept of interoperable mobile money systems holds an enormous potential towards the establishment of comprehensive cross-border … Read more
Vice President, Dr. Mahamudu Bawumia is proposing a policy shift in the adoption of a single currency among African countries. He is rather suggesting interconnected payment platforms including interoperable Mobile Money service as a far better alternative in bridging the financial divide and boosting intra-Africa trade. African leaders have been focusing solely on macroeconomic stability … Read more
Nigeria has been selected to host the headquarters of the newly established US$5 billion African Energy Bank (AEB). This decision came after a thorough technical inspection by the African Petroleum Producers Organisation (APPO) and Afrexim Bank, who jointly promote the AEB. Their assessment confirmed Nigeria’s readiness to host the bank. Heineken Lokpobiri, Minister of State … Read more
The recent surge in fuel prices has once again sparked conversations on potential increases in transport fares, with some drivers in the Accra spearheading the call. They are urging the leadership of the Ghana Private Road Transport Union (GPRTU) and other transport unions to announce an increase in fares. The drivers contend that the increment … Read more
Advertisement Head of the Department of Economics at the University of Ghana, Prof. William Baah-Boateng, has called for prudent expenditure management by the managers of Ghana’s economy. He said this when the Finance Ministry in collaboration with the University of Ghana, convened a Quarterly Economic Roundtable at the University of Ghana on Monday. Perof Baah-Boateng … Read more
Advertisement Minister of State, and Member of Parliament for Atiwa East, Madam Abena Osei-Asare, has said that Ghana’s economy keeps rising gradually. She said this when the Finance Ministry in collaboration with the University of Ghana, convened a Quarterly Economic Roundtable at the University of Ghana on Monday. She set the tone for the discussions, … Read more
Advertisement In a landmark move to foster collaboration between policymakers and academia, the Finance Ministry in collaboration with the University of Ghana, convened a Quarterly Economic Roundtable at the University of Ghana. The event, aimed at addressing the country’s economic challenges, and bridging the gap between policy makers and academia brought together top government officials, … Read more
Mr Philip Amoateng, Director of Telecel Cash and Digital Transformation, has advocated competitive collaboration between FinTech firms and banks as the best approach to accelerating financial inclusion in Ghana. Mr Amoateng is of the conviction that combining the decades-long trust in traditional banks and the growing power and convenience of FinTech platforms will exponentially grow … Read more