So Telcos Want to Become Banks—Now What? Rethinking the Future of Retail Banking in Africa
So Telcos Want to Become Banks—Now What? Rethinking the Future of Retail Banking in Africa By 2023, MTN Mobile Money
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Tag: Africa
Rethinking the Talent Equation:How Ghana Can Compete in a Global Brain Economy
Rethinking the Talent Equation:How Ghana Can Compete in a Global Brain Economy As Ghana prepares for BRT 2025 under the
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Making the Case for Open Banking in Ghana: A Strategic Imperative for the Bank of Ghana
A New Way to Power Finance in Ghana Imagine being able to use a single mobile app to see your bank accounts, mobile money wallets, savings, insurance, and even your loan eligibility—all in one place, in real-time. Now imagine that app recommending the best savings plan or offering a better loan deal from a different bank with just a few clicks. That is the power of Open Banking.
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In 2017, the UAE Launched the One Million Arab Coders Program—It Led to Market Saturation. What Can Ghana Learn in its 1 Million Coders project ?
This signals a strong recognition that digital skills are essential for Ghana’s future. But to maximize impact, we must ask:
Key Questions:
1️⃣ Is a mass coders initiative still relevant in the age of AI? With automation taking over, do we need 1 million programmers?
2️⃣ How do we ensure job creation, not just training? Without a structured framework, Ghana risks oversaturating the market with unemployed coders.
This article explores the good, the bad, and the ugly—and presents a clear execution framework, with remote work and BPO as the key solutions to ensuring success.
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Ghana’s Startup Bill Nears Approval: Lessons from Africa’s Best and Worst Startup Laws
Ghana is on the brink of a potentially transformative moment for its entrepreneurial ecosystem. The Ghana Innovation and Startup Bill, spearheaded by the Ministry of Communications, Digital Technology, and Innovation, aims to provide a structured legal framework to formalize support for startups, attract investment, and stimulate innovation. If passed, this bill could significantly improve access to funding, regulatory clarity, tax incentives, and ecosystem collaboration. However, given the experiences of other African nations that have implemented Startup Acts, Ghana must approach this bill with both optimism and caution.
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Taxing Big Tech in Africa: A Necessary Move, But Are We Killing Our Own Digital Growth?
Taxing Big Tech in Africa: A Necessary Move, But Are We Killing Our Own Digital Growth?
In recent years, African governments have been looking for ways to tax non-resident tech giants—companies like Amazon, Google, and Meta—who generate billions in revenue from African consumers but contribute little in taxes to the local economy. On the surface, this seems like a fair move. After all, if these companies are making money in our markets, shouldn’t they pay their fair share?
But here’s the problem: If not done carefully, these digital taxes could hurt the very businesses and digital ecosystems African governments are trying to grow.
Let’s break it down.
AfCFTA Digital Trade Protocol Has Being Adopted:Now What ?
Following protracted negotiations, and industry consultations, the 37th African Union (“AU”) Heads of States Summit held on 17 – 18 February 2024, adopted the much anticipated AfCFTA Protocol on Digital Trade (“AfCFTA Digital Protocol”).
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AI for Africa: The What’s, How’s and When’s
AI is projected to add a staggering $2.9 trillion to Africa’s economy by 2030, increasing the annual Gross Domestic Product (GDP) growth by three percent. Despite Africa’s immense potential, it currently represents only 2.5% of the global AI market, underscoring the need for increased investment and development in this field.
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Reevaluating the European Union’s Influence on Africa’s Tech Policy Landscape
The European Union is significantly influencing Africa’s digital transformation through funding, training, and regulatory support. While beneficial, concerns arise about policy suitability for Africa’s unique context. EU initiatives in infrastructure, skills, and cybersecurity are highlighted, alongside recommendations for Africa to adopt more flexible, locally adapted tech policies and learn from global best practices.
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The Sachetization of Products:The FMCG Way of Serving the Underserved in Emerging Markets , Lessons for Digital Products?
The concept of “sachetization” refers to packaging products in small, affordable quantities to improve access for low-income consumers, particularly in emerging markets. Beyond consumer goods, this strategy can apply to digital products, promoting frugal innovation, digital inclusion, community empowerment, and resilience by making services accessible to marginalized communities.
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