Missing and Found - CEO of NextGen InfraCo, Ghana’s 5G supplier
Ghana's digital ecosystem week in review : Digital Tax Stamps, Atlantic Lithium shares & MIIF CEO, Ghana-Niger MoMo Interoperability, Google Africa Talents, Tech by KGL group..........................
Digital Digest No. #1010010
Date: October 21 - October 27 2024
Dear Friends,
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
Digital Tax Stamps Will Enhance Tax Compliance Among Industries – AGI
CEO of the Association of Ghana Industries (AGI), has submitted at their AGM that the digital tax stamps being piloted be quickly accelerated to improve the industry’s tax compliance as would reduce the tax compliance cost of businesses since businesses would not be required to print the stamps, thus reducing the cost of business.
He noted that the industry’s technique of purchasing stamps and fastening them to the goods was time-consuming and expensive to maintain.
Digital infrastructure and platforms
News updates
Conflict of Interest - Atlantic Lithium and Ghana’s Minerals Income Investment Fund CEO
Bright Simmons exposes - Ghana’s investment strategy in Atlantic Lithium has come under scrutiny as new details emerge about a controversial share purchase by the CEO of the Minerals Income Investment Fund (MIIF). The CEO, who is responsible for safeguarding Ghana’s interests in the company, has privately purchased hundreds of thousands of shares at a sharply discounted price, reportedly under $0.12 per share, while the government’s stake in the company dwindled…….
Building The Future of Work – Essential IT Systems Powering Ghana’s Hybrid Workplace
The hybrid workplace has become a staple in the post-pandemic world, and Ghana is no exception. As companies adapt to a new working landscape, balancing remote work with office presence, the need for robust IT systems is more critical than ever. This piece discusses how and why companies must invest in the right IT systems to support the rising shift to remote and hybrid model of work in Ghana.
CEO for Ghana’s 5G supplier, NextGen InfraCo Declared Missing
Barely a week to the November 1 implementation of the 5G service announced by the Communication Minister, Ursula Owusu-Ekuful and The Chief Executive of Ghanaian firm NextGen InfraCo, the company awarded the licensing contract to execute Ghana's upgrade to the 5G spectrum, has been declared missing by the Ghana Police Service.
Digital finance
News updates
Mobile Money Accounts Surpass GH¢65m, Transactions Exceeding GH¢1.9tn – BoG
The 2023 FinTech Sector Report by the Bank of Ghana (BoG) has revealed significant growth in the country’s digital financial landscape, with mobile money accounts surpassing GH¢65 million and transaction values exceeding GH¢1.9 trillion. The report highlights how mobile money has become a dominant force in Ghana’s financial ecosystem, with the volume of transactions experiencing exponential growth year after year.
Bank Of Ghana Announces Trial of Mobile Money Interoperability Between Ghana and Nigeria
There are Millions of mobile money users in Africa, however, the lack of interoperability across different currencies and borders has been a significant barrier. Bank of Ghana, to address the challenge has announced that Ghana would pioneer the testing of mobile money interoperability with U.S.-owned Brij Technologies Inc. to enable direct currency swaps between Ghanaian Cedis and Nigerian Naira without the need for traditional forex.
Mastercard Expands Platform To Help Fintechs Launch Card Programmes
Mastercard has brought its Product Express platform to a host of new markets, including Africa, to enable fintechs to roll out a card programme in a matter of days.
See also - BoG hosts high-level fintech networking event in Washington DC
Digital entrepreneurship
News updates
KGL Group Wins At Ghana Club 100 Awards for Impact In The IT Sector
KEED and KGL Technology, of the KGL Group, were celebrated among Ghana’s top 100 companies at the 21st edition of the Ghana Club 100 Awards. The company which has expanded into a specialized integrated technology solutions provider, serving critical industries including Lottery.
Digital talents
News updates
Google Africa Talents
Google Research Africa is hiring experienced and senior Software Engineers in Accra, Ghana. They are working on #AI solutions with real-world impact. Check out the open roles here
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.
Join the conversation on episode 5 of Tech, Art And Soul Podcast - If You Can’t Understand This Then Go To Your Mother’s Kitchen”
Listen on Youtube or Stream on the following platforms:
Spotify , Deezer, Podcast Addict, Apple Podcast, Pocket Casts.
Events Alert!
Python Accra Python Accra Festival 2024 🚀
Theme: Building the Future with Python: Code, Culture & Creativity. Python Accra Fest 2024 is a celebration of Python's role in unlocking new pathways for development across industries. Whether you're a seasoned coder, an artist, or simply curious about the future, this festival is your gateway to discovering how Python can change the game.
GHANA TECH ECOSYSTEM SURVEY
Code and Cocktails Africa recently launched a survey to map out the Ghana Tech Ecosystem with a focus on tech professionals. The survey covers demographics, tools, working conditions, and remuneration.
The survey focuses on 3 areas;
1. Engineering
2. Product
3. Sales & Marketing
Kindly take some 5 minutes of your time to complete the survey if work in the 3 areas fore mentioned. Tap here. Thanks!
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Cheers! 🍻