Category: TECHNOLOGY
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BoG, CSA deepen collaboration to fight cyber threats
The Bank of Ghana (BoG) and the Cyber Security Authority (CSA) have agreed to improve collaboration and timely information flow to facilitate incident reporting and information sharing on cybersecurity issues. The two institutions have also committed to collaborate more closely on cyber and information security related matters and to provide each other with all the…
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Dr. Bawumia unveils Ghana’s first Tier IV data centre
Vice President, Dr. Mahamudu Bawumia has expressed satisfaction in the high level of interest being shown by foreign investors in improving Ghana’s digital infrastructure. This follows the opening of Ghana’s first Tier IV Data Center in Accra on Thursday. Known as the Onix data centre, the US$48 million investment adds to Ghana’s existing data centre,…
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![ADB pioneers in global remittance services in Ghana [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2022/06/WhatsApp-Image-2022-06-16-at-11.08.30-AM.jpeg)
ADB pioneers in global remittance services in Ghana [ARTICLE]
The International Day of Family Remittances (IDFR) was adopted by the United Nations General Assembly and is observed on 16 June every year. The Agricultural Development Bank PLC(ADB) was the first Bank in Ghana to introduce remittance services to the Ghanaian public. In 1995, ADB became the sole agent for Western Union in Africa with…
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Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep
Vice President, Dr. Mahamudu Bawumia has reiterated calls for stakeholders within the financial sector to introduce innovative ways to capture the unbanked into the digital payments ecosystem. Delivering the keynote address at the launch of “Ghana Pay”, a shared electronic wallet product, Vice President, Dr. Mahamudu Bawumia noted that this is critical to the acceleration…
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#CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”
The Citi Business Festival’s forum on understanding the Ghana opportunity saw its panellists discuss ways Ghana can become a more attractive destination for both local and foreign investors. The forum featured Yofi Grant, the CEO of GIPC; David Ofosu-Dorte of AB & David law firm; Juliet Asante, CEO of the Ghana Film Authority and Jacob…
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Chamber of Telecommunications calls for more investment into Technology to improve livelihoods
Despite recent improvements in key areas like education, health, agriculture and entertainment as a result of the advancement in technology, the Ghana Chamber of Telecommunications says more needs to be done by relevant stakeholders to ensure all facets of Ghanaian life are enhanced significantly by new technology. According to the World Economic Forum, access to…
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Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed
As part of efforts to address the issue of a lack of financial data, businesses within the informal sector have been encouraged to adopt mobile finance platforms in their operations. According to the Head of Commercial at Mobilemoney Ltd, Rufai Abdul Majeed, beyond the convenience mobile finance provides, it also can help address one major…
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Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh
Chief Executive Officer of Popout, Maximus Ametorgoh, has highlighted the importance for persons seeking employment and those hoping to remain relevant in their fields to acquire some level of digital skills to increase their value. According to him, the growing rate of digitization in the country also comes with the opportunity for employment in that…
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Bank of Ghana commences piloting of digital currency in Sefwi Asafo
The Bank of Ghana has started piloting the first digital currency known as the ‘e-Cedi’ in the Western North region of the country. The move is part of efforts to determine its feasibility and subsequent circulation as well as the Bank’s commitment to enhance the use of digital financial services in the country. Also, the…
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Government to invest heavily in internet safety – Ursula pledges
Government is keen on ensuring that the digital economy is safeguarded for younger ones and promoting more investment in the country. To this end, there will be more investment through education campaigns with faith-based organisations on internet safety in both urban and rural communities in all 16 regions. Minister for Communications and Digitalization, Ursula Owusu-Ekuful…