The Western African nation of Ghana types a key piece in Africa’s thriving fintech ecosystem, with the Ghana Fintech and Funds Affiliation remaining on the forefront of this journey.
The Ghana Fintech and Funds Affiliation is the foremost fintech hub within the Ghanaian ecosystem serving as the only umbrella physique looking for to advertise the development of economic applied sciences and fee programs in Ghana.
Working as a not-for-profit organisation with the imaginative and prescient of changing into the main fintech governing
physique, trusted advisor and facilitator of collaboration and progress of the fintech ecosystem in Ghana and
past, with innovation and analysis being our hallmark. The Affiliation is well-positioned to serve
monetary expertise professionals, firms and start-ups, in addition to different entities.
The Affiliation has seen fast engagement and traction by way of memberships and is constantly
rising every day because it goals to utilise credible partnerships to catalyse and drive the adoption of fintech and
funds throughout the area whereas defending shoppers in keeping with world requirements.
To be taught extra about Ghana and its wider fintech ecosystem, watch The Fintech Instances‘ Richie Santosdiaz converse with Martin Kwame Awagah, president of the Ghana Fintech and Funds Affiliation beneath:
Ghana performs a big function in fintech in not solely West Africa however the continent as a complete.
It’s estimated that Ghana’s unbanked inhabitants stays to be beneath 60 per cent, presenting a possibility for the widely low-middle revenue financial system of Ghana, particularly with cell cash and telecommunications firms.
Like in a lot of different components of Africa, Ghana’s fintech will be most seen to the general public with respect to the recognition of cell units and cell cash particularly. The Financial institution of Ghana additionally experiences that in 2021, there have been 40.9 million registered cell cash accounts and 17.5 million energetic accounts (word in 2021 Ghana’s inhabitants based on the United Nations (UN) was simply over 31 million folks).
To learn extra about Ghana, go to right here.
