When Every African Bank Has the Same AI, What Exactly Is the Competitive Advantage?
When Every African Bank Has the Same AI, What Exactly Is the Competitive Advantage? The more African banks spend on
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We Keep Telling African SMEs to Become Bankable. What Must Banks Become?
Africa’s SMEs Are Becoming More Visible. Can Our Financial Institutions Act on What They See? By Ethel Cofie What Is
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One Financial Decision. Four Regulated Products. Does Regulating the Parts Tell Us Enough About the Whole?
When One Financial Decision Becomes Four Regulated Products A woman walks into a shop in Accra to buy a new
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What Are Africa’s Stablecoin Users Trying to Tell Its Central Banks?
Africa is moving from debating whether crypto should be regulated to deciding how it should be regulated.
That is broadly the right direction.
Ghana is bringing virtual assets formally inside the regulatory perimeter. South Africa is incorporating crypto assets into its broader capital-flow architecture. Nigeria has moved through restriction, enforcement and towards a more formal regulatory framework.
The reasons are obvious. Consumer losses matter. Money laundering matters. Tax matters. Capital flows matter. Financial stability matters.
But I think there is another question hiding underneath the regulatory conversation.
Millions of Africans are choosing stablecoins despite uncertain protection, fraud risk and regulatory ambiguity. What exactly are they trying to buy?
Because what if part of Africa’s stablecoin boom is not really demand for crypto at all?
Does your board understand AI well enough to govern it, or only well enough to approve the budget?
AI Governance Is Becoming a Board Competence, Not an IT Competence Somewhere in Africa this week, a board is approving
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Board and Regulator Conversation: When Every Bank Uses the Same Technology Providers, Is It Still an Institutional Risk?
When Every Bank Uses the Same Technology Providers, Is It Still an Institutional Risk? Five banks. One failure point. Who
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Ethel Cofie Moderates Stable Coin Roundtable with 4 Cental Banks Across Africa
Two weeks ago, Ethel Cofie had the privilege of moderating a Central Banks’ Roundtable on stablecoins with senior representatives from four African central banks: Mr. Gallington Mawire, Deputy Director of Financial Markets at the Reserve Bank of Zimbabwe; Mr. Isaac Muhanga, Chief Operations Officer at the Bank of Zambia; Mr. Jimmy Apaa, Director of Financial Markets at the Bank of Uganda; and Dr. Yamungu Kayandabila, Deputy Governor for Economic and Financial Policies at the Bank of Tanzania.
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Ethel Cofie’s Speech at the future of finance dialogue event hosted the Bank of Ghana HQ by the Governor Dr Johnson Pandit Asiama, Accra.
Ethel Cofie’s Speech at the future of finance dialogue event hosted the Bank of Ghana HQ by the Governor Dr
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Visa, MasterCard ,Paypal are making moves to mainstream virtual asserts , what is Africa’s response!
By Ethel Cofie CEO, EDEL Technology Consulting | blog.ethelcofie.com Africa Must Not Become the Cash-Out Point of the Stablecoin Economy
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The Ayoba Obituary : Africa did not reject super apps. It rejected the wrong version of them.
. The continent was never likely to produce one neat WeChat-for-Africa, sweeping across markets with one interface, one model and one rhythm of adoption. That benchmark was always too lazy for a region this fragmented, this uneven in digital adoption, and this differently regulated from one market to the next. What is emerging instead is narrower, but more durable. The African super-app dream has narrowed, not died. But the market has already voted against the broad lifestyle version of that idea. What is working is not the app that tries to do everything. It is the platform that becomes the default channel for everyday money and then layers services outward from there.
The cleanest place to begin is MTN’s Ayoba. For a while, Ayoba looked like one of the boldest homegrown attempts to build an African super app at scale.