Meet The New Leaders of Ghana's Digital Economy: Sam George & Rev. Edmund Fianko
Ghana's digital ecosystem week in review : MOMO Transactions hit GHC 3 Trillion, Ghanaian startups raised $127M in 2024, Ghana Fintech Awards, Khaya AI by GhanaNLP Wins 2024 UN Award
Digital Digest No.#1011100
Date: January 20 - January 26 2025
Dear Friends,
Last week of January 2025! Happy new week!š
Here are the most important news, perspectives, analysis, and insights about the Ghanaian digital ecosystem from last week
Ā
Digital governance Ā Ā
News updates
Sam George is Minister-Designate For Ministry of Communication, Digital Technology and Innovations
Member of Parliament for Ningo-Prampram, Sam Nartey George, has been nominated as Ministry of Communications, Digital Technology and Innovations by President John Dramani Mahama. Georgeās appointment comes at a time when Ghana faces challenges in regulating tech giants, expanding rural connectivity, and increasing cybersecurity fraud cases.
Find his education and career in this piece
See also Rev. Edmund Yirenkyi Fianko Named Acting Director-General of National Communications Authority
Office of the Registrar of Companies Introduces New Classification System for Businesses
The Office of the Registrar of Companies (ORC) has implemented a classification system to categorize companies in Ghana as small, medium, or large. Companies are now categorized based on turnover, net assets, and employee numbers.
The ORC plans to engage stakeholders and educate businesses on how this new system impacts their reporting and regulatory obligations.
Digital infrastructure and platforms
News updatesĀ
Khaya AI Wins 2024 United Nations and UNESCO backed World Summit Award
Khaya AI, an AI Platform for African Languages has been judged a Winner of the 2024 United Nations and UNESCO backed World Summit Award (WSA) - being recognized as one of the Best Digital Impact solutions in the category "Culture & Heritage"
Khaya AI was developed by Ghana NLP, and supports low-resource African languages by enhancing communication for business, education, and government access.
Digital finance
News updatesĀ
Mobile Money Transactions in Ghana Surpassed GHC 3 Trillion in 2024
According to new data from the Bank of Ghana, mobile money transactions at the end of 2024 reached GHC 3.3 trillion, surpassing the previous record of GHC 1.9 trillion in 2023.
Public Voting Opens for 4th Ghana Fintech Awards
Ghana FinTech Awards, organized by Arkel Limited, the Ghana FinTech and Payments Association, and KPMG is an annual event aimed at identifying Financial Technology (FinTech) Companies and Banking Institution's stalwarts and celebrating their successes through the year. The public is invited to vote for this yearās nominees from January 17 to February 17, 2025.
Governmentās major policies including A $50M Fintech Growth Fund and E-Levy removal is expected to supercharge the sector.
Digital entrepreneurship Ā
News updatesĀ
Merdeo Foods selected for Startup Discovery Africa Venture Studio programme.
Merdeo Foods, a B2B farm-direct platform that connects farmers with restaurants and food businesses, has been selected as part of the inaugural cohort of the Startup Discovery Africa Venture Studio programme. The Startup Discovery Africa Venture Studio is a nine-month program offering hands-on support to selected startups. Participants gain access to leading software tools, tailored mentorship, and technical, commercial, and impact-focused guidance to help them execute their strategic roadmaps.
See also: Meet the 10 founders that made it into Startup Discovery Schoolās Venture Studio.
Ghanaian startups raised $127 million in 2024
In 2024, the Ghanaian startup funding ecosystem experienced a remarkable year, with startups raising $127 million in equity, debt, and grants across 31 dealsāa 95% increase in deal volume compared to 2023. Fintech was the most funded sector, experiencing 1639% growth. Find details in this report by the Innovation Spark. It reviews Ghanaās startup scene, highlighting success, challenges and key trends that shaped the ecosystem in the fiscal year.
Digital talents
News updatesĀ
Academic City excels in 2024 Times Higher Education ranking
Academic City has been ranked prominently in the 2024 Times Higher Education (THE) Impact Ranking. The Times Higher Education Ranking evaluates universitiesā research contributions, innovation, and academic excellence. Academic Cityās ranking was notable, as it was only established seven years prior and is considered one of Ghanaās top universities for STEM and entrepreneurship.
The Tech, Art & Soul Podcast asks the big questions about the possibilities when three worlds come together. The technology affecting cultures, the creativity pushing the boundaries of our imagination, and the people inspiring positive change with radical innovation.
The podcast explores these interplays through authentic, unscripted conversations with artists, technologists, and thought leaders who challenge our view of the world.
Check out all 8 episodes theTech, Art And Soul Podcast on Youtube or Stream on the following platforms:
Spotify , Deezer, Podcast Addict, Apple Podcast, Pocket Casts.
We listened to this, we think you should too;
Building A Culture That Attracts The Right Leaders
Stay Updated with Accra Digital Digest!Ā
Each week, we bring you insights into Ghanaās evolving digital landscape.
Please share us with your friends, co-workers, and tech enthusiasts in your network.
Send us an email at info@nodeeight.org if you have any news update, op-eds or events you would want us to feature.Ā
Cheers! š»Ā