Survival Of The Telcos - 'AT' Market Shares Drops From 25% to 14%.
Ghana's digital ecosystem week in review: ZeePay Secures $2 Million Funding from Injaro, Ghana Fintech Awards 2023 Nominations Officially Opened, Airtel Tigo losing market shares and more...
Accra Digital Digest No. #100110
Date: October 23 - October 29, 2023
Dear Friends,
Good to see you again!š Happy new week!š Here are the most significant news and op-eds about Ghana's digital economy from last week.
Digital governance Ā Ā
News updatesĀ Ā Ā
Digital infrastructure and platforms
News updates
op-ed
Will AT Survive In The Long Term In Ghana?
This op-ed explores why AT, formerly Airtel Tigo might not survive in the long term in Ghana, citing their heavy losses in market share of voice, data and mobile money services and competition with its competitors; MTN and Vodafone.
Aleph Group Unifies Global Brands Under Its āOne Brandā Initiative
Aleph Group, Inc., a comprehensive ecosystem of local digital experts and technology-driven solutions, has launched its 'One Brand' initiative to unite its local experts and proprietary technology in Ghana, and other countries under one brand; Aleph. The company asserts the purpose of their One Brand initiative is a strategic direction towards a unified future of unparalleled value delivery.
Ā While Aleph specializes in adtech, they have recently expanded through differentiation with theĀ launch of Aleph PaymentsĀ and Aleph Express
Digital finance
News updatesĀ Ā
Zeepay Announced Brand of the Year at EMYAfrica Awards 2023
Zeepay, a wholly-Ghanaian-owned non-legacy mobile money operator has been adjudged Brand of the Year at this yearās EMYAfrica Awards.
Zeepay has transformed the fintech space by building its own rails to enable direct termination of remittances from over 200 destinations around the world into all mobile money wallets in the country.
ZeePay Secures $2 Million Funding from Injaro
Ghanaian private capital fund manager, Injaro Investment Advisors has announced a US$2 million equity investment in the Series A.5 round for Zeepay Ghana Limited, a wholly-Ghanaian-owned global mobile finance service (MFS) provider. The equity investment by Injaro will therefore allow Zeepay to finance its multi-country expansion efforts and to deepen its market share in these new markets.
GhIPSS CEO Recognized As Most Inspirational Payments Business Leader in Africa
The Chief Executive Officer of the Ghana Interbank Payment and Settlement System (GhIPSS), Archie Hesse has been adjudgedĀ āMost Inspirational Payments Business Leader in Africaā, at the Africa Bank 4.0 Awards 2023. The awards aim to recognize pioneers and visionaries who go above and beyond to transform the Fintech industry, making access to finance in Africa more accessible, innovative, convenient, and affordable.
Ghana Fintech Awards 2023 Nominations Officially Opened
The Ghana Fintech and Payment Association is officially inviting all fintech service providers Ā to Ā participate in the nominations for the Ghana Fintech Awards 2023 which will end on Friday, 10th November 2023.The official award show will take place on 3rd February 2024 where fintechs from over 33 categories will stand a chance to win an award.
Digital entrepreneurship Ā
News updatesĀ
MTN Empowers Young entrepreneurs at itās 6th edition of the āMTN Pulse Just Be Seriesā
MTN has held itās Ā 6th edition of the MTN Pulse Just Be Series in Accra where it brought Ā together young entrepreneurs to discuss the Future of E-commerce, Ā exploring the dynamic fusion of AI and social media in propelling business success.
Digital talents
News updatesĀ
10th Ecobank Day : Ecobank Ghana Marks Event Empowering Youth With Digital Skills
Ecobank In an effort to empower the youth with digital skills as part of the 10th anniversary of its annual Ecobank Day, has equipped two schools, Potters Village Orphanage and South Labone Girls Technical Institute with computers labs, computers and accessories, while looking to construct over 33 more IT labs.
This initiative is part of a broader campaign, "Transforming Africa Through Education," which focuses on providing young people with essential digital skills for job opportunities in an era of rapid technological advances.
Thanks for reading this weekās edition of the Accra Digital Digest.
Please spread the word about this newsletter to your friends, co-workers, and tech enthusiasts in your network.
Send us an email at brian@nodeeight.org if you have any news update or op-eds you would want us to feature.Ā
Cheers! š»Ā