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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

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    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

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GISPA saving Ghana internet traffic worth $600,000 every month

October 23, 2020
in TECHNOLOGY
President of GISPA, Richard Densu

President of GISPA, Richard Densu

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The President of the Ghana Internet Services Providers Association (GISPA), Richard Densu, has stated that his outfit, through the Ghana Internet Exchange, is saving the country more than 90Gbps of traffic.

This, he said, translates to a saving of about US$600,000 monthly.

He made this known in his welcome address at the Ghana Internet Conference 2020 which was held on Thursday, October 22, at the Kofi Annan Center of Excellence In ICT, Accra.

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The Conference, which brought together industry experts and policymakers, was held under the theme: “Governance of Ghana’s Cyber Space: Our Security and Privacy”.

According to him, GISPA owns and manages the Ghana Internet Exchange, a facility that keeps Ghanaian local internet traffic in Ghana.

He said, “Our exchange allows local internet service providers and network operators to easily exchange traffic within Ghana while at the same time improving the connectivity and services for their customers.”

Mr. Densu explained that, “What this means is that if you are sending an email to someone here in Ghana, for example, and your service provider is peering at our exchange point, that traffic does not need to travel to a foreign entity before being re-directed to Ghana.”

“As at today, we are saving the nation more than 90gbp of traffic translating to about US$600,000 a month.”

According to Mr. Densu, the advancement in internet technology has been very positive in many ways economically, politically, culturally, and socially.

“The world is more open and more interconnected in ways that no one could imagine. I think the benefits are obvious to all of us,” the President said.

However, he lamented that “but this comes with many inherent risks for our national security, our democracy, our economy and even our social and cultural inheritance. Big technology companies such as Google and Facebook are exploiting our market space virtually for free.”

According to him, “We also know how even national elections even in advanced countries are being influenced by external forces and some governments have been brought down using social media. The fact is that the internet has become another entry into our sovereign space…no wonder modern wars are being fought via the cyberspace and terrorist are using the medium to advance their diabolical acts.”

He explained that “in response to these threats some governments have taken the hard stand of completely shutting down the internet at certain times or limiting its use to certain specific services.”

He pledged the commitment of internet services providers in Ghana to provide superior and secure services to their customers.

Source: Ghana Internet Services Providers Association
Tags: Ghana Internet Services Providers AssociationGhana NewsInternet traffic
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