Glovo is exiting, Jumia is gone! Who's next ? Is Ghana's tech ecosystem Still Business-Friendly?"
Ghana's digital ecosystem week in review: Starlink approved, what next ?, MTN Ghana Sees Revenue Growth Of 32% In Q1 2024, Ghana and India to Link Payment systems, Entrepreneurship with Bola Ray......
Accra Digital Digest No. #111010
Date: April 28 - May 5 2024
Dear Friends,
Happy new month!🎉 Happy new week!🎉
Here are the most important news, perspectives, analysis, and insights about the Ghanaian digital ecosystem from last week.
Digital governance
News updates
Ghana Has Approved Starlink’s Satellite Internet Service. What Happens Next?
Last week, Ghana’s National Communications Authority (NCA) gave the green light to Space X for use of its Starlink Internet Satellite service in the country. Making Ghana the 8th African nation to embrace this advanced technology. What next ?
Digital infrastructure and platforms
News updates
MTN Ghana Sees Revenue Growth Of 32% In Q1 2024
MTN Ghana delivered a strong performance in its first quarter, with profit rising almost 50% as service revenue grew by 32.4%.MTN’s total revenue for the quarter to end-March was 32.5% higher at GHC 3.85 Billion, while profit after tax rose to GHC 1.11 Billion from GHC 745.4 million a year ago.
What Glovo’s Sudden Exit Says About Ghana’s Food Delivery Industry
Glovo, one of the leading food delivery platforms in Ghana, whose journey in Ghana began in 2021 has announced its decision to cease operations in Ghana effective May 10, 2024. The shutdown similar to Jumia Food’s move has been attributed to profitability issues that have plagued the company. What outlook does this give the Ghanaian market?
See other multinational companies that have exited Ghana in the past 2 years
NITA partners 2 institutions to enhance cybersecurity
THE National Information Technology Agency (NITA) has partnered two other institutions; Smart Infraco Limited and global cybersecurity leader Trend Micro to strengthen Ghana's digital infrastructure.
The partnership aims to empower government organizations with robust cybersecurity solutions, and ensuring a secure and resilient digital ecosystem that can withstand potential cybersecurity threats.
GSA to digitalise Standards purchases in 2024
Joyce Okoreee, Acting Director, Certification Directorate of the Ghana Standards Authority (GSA), has revealed that the Ghana Standards Authority will be enabling online purchase of Standards this year remarking that the process is about 90% complete.
Featured Article
Evolution of Digital Forensics in Cybersecurity.
The field of digital forensics, which involves examining and evaluating digital devices and networks to detect indications of cybercrime, has experienced a significant advancement in the last few years. This piece summarizes how the field of digital forensics has evolved and grown to meet the difficulties of the modern digital landscape as technology progresses and cyber threats get more complex.
Digital finance
News updates
Ghana and India Working To Link UPI and GHIPSS Payment Systems For Fund Transfers
India, already having it’s payment system, UPI in countries including Singapore and the UAE is now in talks with Ghana to link both country’s payment systems – Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers.
Digital entrepreneurship
News updates
Ghana’s Farmerline Joins Inaugural Cohort of the Unreasonable Food Programme
Farmerline, an Agtech start-up focused on providing farming education, input access, and traceability solutions to boost smallholder farmer incomes, has secured a spot in the Unreasonable Food programme by Mars and Unreasonable Group to enhance sustainability and innovation in agriculture.
Bola Ray’s Entrepreneurship Initiative Participants Walk Away With GH¢20k
CEO of EIB Network Bola Ray in partnership with the EU has concluded the former’s 3- month Entrepreneurial mentorship initiative;” Entrepreneurship with Bola Ray”. The program which brought in several accomplished Ghanaian entrepreneurs to guide and mentor participants sought to empower twenty-five deserving innovative startups led by young entrepreneurs in the country, Stephen Selorm Bedzrah, Founder of MyCleanApp, emerged as the winner of the pitching competition.
Digital talents
News updates
A Talent Shortfall Threatens Cybersecurity In Africa
Amidst the escalating menace of cybercrime which costs the world trillions of dollars annually, Africa, home to one of the world's fastest-growing internet populations, struggles with an insufficiency of cybersecurity workers.
This piece delves into the just-concluded Africa Cloud and Security Summit by CIO Africa which convened top tech executives, policymakers, cybersecurity professionals, and banking insiders, to examine the increased urgency to look into the talent gap in readiness against cyber threats currently facing organizations and individuals in the region.
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