Headlines
Ghana urges global leaders to establish urban resilience fund at ECOSOC Youth Forum
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […]
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Sports
Ajax suffer record 6-0 loss to rivals Feyenoord
Ajax’s turbulent campaign hit a new low as they suffered a record 6-0 loss to rivals Feyenoord in the Eredivisie. Reigning champions Feyenoord recorded 30 shots to Ajax’s one as they scored three goals in both halves to earn a famous win in the Dutch ‘Klassieker’. It is the first time Ajax have lost a competitive […]
The post Ajax suffer record 6-0 loss to rivals Feyenoord
Banking & Finance
Powering fintech innovation through APIs
By Kwami AHIABENU ll Innovations thrive at the speed of interactive communication. Previously, most FinTech services were positioned in various silos; this is based on historical antecedents of banking where various banking services were intentionally built to be independent for several good reasons, including security concerns. Change took place, and systems began to talk to […]
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Banking & Finance
The relationship between Blue Ocean Strategy and fintech offerings
By Ebenezer YALLEY Blue Ocean Strategy is defined as the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. It is about creating and capturing uncontested market space, thereby making the competition irrelevant. It is based on the view that market boundaries and industry structure are […]
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Finance
NDC to establish $50m fintech support fund – Mahama
Flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has disclosed that the next NDC government will set up a US$50 million financial technology (fintech) transformative fund to support innovative start-ups in Ghana’s fintech sector. The former president voiced confidence in the fintech sector’s ability to create economic growth and financial inclusion in […]
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Featured
I’ll establish a $50m fund to strengthen Fintech industry – Mahama
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to establish a $50 million fund to strengthen Ghana’s rapidly growing financial technology (fintech) industry if he becomes president in 2025. With over 70 fintech companies in the country, many of them being start-ups, Mr Mahama emphasised the importance of strategically positioning […]
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Headlines
Report to facilitate innovation exchange and trade between UK-Africa launched
A new report to guide the formation and implementation of the proposed UK-Africa Innovation Trust Corridor (ITC) to facilitate the transparent, secure and demonstrable exchange of research and innovation outputs between the United Kingdom and its African Commonwealth nations has been launched in Accra. The report, titled ‘Research-Based Evidence to Support the Formation of the […]
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Business
German Development Corporation, GCIC announce €1.2m partnership for green entrepreneurship development
The Ghana Climate Innovation Centre (GCIC) of Ashesi University and the German Development Cooperation – implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) – today announced a new partnership worth about EUR 1.2 million for the realisation of the Business Incubation and Acceleration Programme for Small and Medium-sized Enterprises (SMEs) to promote economic growth. […]
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Headlines
3i Africa Summit to ignite Fintech revolution for Africa’s financial future
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […]
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Headlines
MTN Group and Huawei unite forces in groundbreaking tech lab pact for innovation boost
By Mohammed AWAL, Barcelona, Spain MTN Group and Huawei have signed a Memorandum of Understanding (MoU) to establish a Joint Innovation Technology Lab, to strengthen collaboration in technological innovation. The signing ceremony took place at MWC Barcelona, Spain, and was attended by senior delegations from both MTN and Huawei. The partnership will see the creation […]
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General News
Govt To Set Up FinTech Fund
The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) government has announced the setting up of a FinTech Innovation Fund (FIF) to support FinTech start-ups in a move to drive the country’s
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Business
Government to introduce Fintech Innovation Fund – Bawumia
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […]
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Opinion
Social commitment; fertile ground for innovation [Article]
The confluence of social responsibility and innovation has become a potent engine for positive change in the dynamic economic and societal scene. The idea that social commitment fosters creativity is becoming more and more popular as businesses realize how important it is to play a part in the larger community. This article examines the mutually […]
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Headlines
Buy Now Pay Later to boost domestic fintech – report
The domestic fintech space is poised for a major shift – driven by the explosive growth of Buy Now, Pay Later (BNPL) solutions, according to legal experts at fintech-focused Sustineri Attorneys PRUC. Its latest report the Ghana Fintech Report Q4 2023 projects BNPL to become the dominant trend, echoing the global surge in this flexible […]
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Banking & Finance
Navigating the mobile money landscape: Unraveling the roles of banks, fintechs and telcos
Over the last 15 years, one of the major developments that has revolutionized and disrupted the entire financial sector in Ghana is the emergence of Mobile Money Services (MoMo). Though MTN launched its Mobile Financial Services (MFS) in 2009, many Ghanaians were yet to warm up to it as a safe mode of payment in […]
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