Bank of Ghana, Cyber Security Authority collaborate to improve cybersecurity in banking
Ghana's digital ecosystem week in review: ATC "cut" Surfline and Busy Internet, 4 Ghanaian fintech made into AWS accelerator, StArfrica launched, KNUST receives 50 laptop, ... and more
Accra Digital Digest No. #0010000
Date: May 22 - May 28, 2023
Dear Friends,
The sixth month of the year is drawing nearer. Here are the most important news, perspectives, analysis, and insights about Ghanaian digital ecosystem to inspire you towards mid year.
Digital infrastructure & platforms
News updates
Veep unveils cybersecurity defence facility for banks, financial institutions
Vice President Mahamudu Bawumia Wednesday commissioned the Bank of Ghana’s (BoG) Financial Industry Command Security Operations Centre (FICSOC), to deal decisively with cybersecurity threats in the financial services sector.ATC Ghana deny cutting off Surfline and Busy Ghana
The biggest independent tower company (towerco) in the country, ATC Ghana has said that it did not cut off Surfline and Busy Ghana but had to discontinue pre-financing electricity bills and fuel cost for their equipment because they have for several years refused to meet their financial obligations to the company.Uber Ghana Rolls Out Emergency Button Feature
Uber Ghana has rolled out a new feature for riders in cases of emergencies. The emergency button feature for riders is linked to private security and emergency medical services in Ghana.
Digital governance
News updates
BoG, Cyber Security Authority collaborate to improve cybersecurity in banking
The Bank of Ghana and the Cyber Security Authority are collaborating to improve the cybersecurity posture in the banking sector
Digital finance
News updates
West African fintech ecosystem receives major boost
The West African Monetary Institute (WAMI) and EMTECH Solutions Inc. have unveilled a strategic partnership to modernise country-level and regional regulatory sandboxes, enabling the harmonisation of heterogeneous Fintech regulatory policies and frameworks across the West African Monetary Zone (WAMZ). The collaboration aims at strengthening financial integration across the WAMZ member-states.
op-ed
Financial inclusion 2.0 – Role of Fintech innovations
According to the Official Ghana Demand Side Survey 2021, Ghana has achieved its financial access target of 85 percent set by the National Financial Inclusion and Development Strategy 2018 – 2023 ahead of the end of the target year – 2023.
Digital entrepreneurship
News updates
Four Ghanaian Startups Selected For Amazon Web Services Fintech Africa Accelerator
A total of 25 African fintech startups have been selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort.
This cohort was selected from over 500 applications and is part of the EMEA Startup Loft Accelerator (SLA) program run by AWS.
StanChart outdoors 20 female-owned businesses in SC Women in Technology Incubator, Cohort 3
The women entrepreneurs will participate in a comprehensive nine-month incubator aimed to empower women-led start-ups and provide them with the necessary resources and support to thrive in the technology industry.
Germany government launches initiative to support innovative start-ups in Ghana
The StArfrica, funded by the German Federal Ministry for Economic Affairs and Climate Action is an initiative that will help build entrepreneurs in the area for the German market.
Local start-ups to compete for US$120,000 continental seed fund
Ghanaian start-ups have been offered the opportunity to compete with their counterparts from three other countries on the continent in the maiden ‘The Next Titan Africa (TNT Africa)’ competition
Digital talents
News updates
UENR is developing AI to detect crop diseases
The Computer Science and Informatics Department of the University of Energy and Natural Resources (UENR) has received funding for a project to develop an Artificial Intelligence (AI) application to detect pests and diseases of crops and eventual control.
Stanbic Bank fulfils promise to KNUST’s ‘Sonsol’ project
The bank presented the final batch of 50 laptops to aid in teaching and learning of STEM-related subjects, especially for females at the university.
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