Tag: Technology
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China launches $41 billion fund to accelerate semiconductor industry
China is taking significant steps to bolster its semiconductor industry with the launch of a colossal $41 billion fund. This initiative, announced by the China Integrated Circuit Industry Investment Fund, commonly known as the “Big Fund,” marks the largest of three funds introduced by the country. It comes as the United States tightens restrictions on…
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Stakeholders in digital ecosystem charged to do more to protect child privacy
Policy Makers in the digital ecosystem are being encouraged to deepen collaborations that safeguard the data of children across the country. This, according to the Africa Digital Rights Hub, a not profit think and action tank agency will ensure that children optimize the usage of internet related platforms while being protected. Teki Akuetteh is the…
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Businesses urged to unlock potential with Data & AI technologies
Running a business is no longer tedious with the advent of digital tools and Artificial Intelligence (AI). These emerging technologies are enabling entrepreneurs and new business ventures to gain a competitive advantage. That’s why players in the space want companies to use these platforms to increase productivity and customer satisfaction. At a Data and AI…
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Investment in technology critical to economic growth – Elsie Addo Awadzi
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi has underscored the need for more investments to be made in technology to ensure economic growth. Madam Elsie Addo Awadzi believes though the COVID-19 pandemic gave rise to the use of technology, there are some gaps in access to it. Delivering her speech as…
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PayAngel joins Microsoft for Startups Founders Hub
Leading African payment solutions and remittance platform, PayAngel has joined the Microsoft for Startups Founders Hub, dedicated to helping early-stage startups leapfrog the barriers of business creation and grow faster than usual. The Microsoft for Startups Founders Hub is a new digital and all-inclusive platform that offers enhanced benefits and credits, and also gives startups…
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Deliberate review of workplace policies needed to push deserving women into leadership – 2nd Deputy Governor
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi is pushing for a deliberate review of workplace policies and processes for hiring and performance management to ensure that well-deserving women get a fair chance to top leadership positions. According to her, shareholders must intentionally ensure gender equity in top management compositions of organisations…
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Elsie Awadzi calls for inclusive approach to promote women’s access to finance
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi is calling for a more inclusive approach to promote as part of the country’s financial inclusion strategy. According to her, with high penetration of mobile money and increased digital payments, Ghana is well-positioned to become a financially included society in the medium-term and also…
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VRA to leverage technology to drive down power generation cost
In its quest to improve power efficiency and bring down electricity tariffs in the country, the Chief Executive Officer of the Volta River Authority, VRA, Emmanuel Antwi-Darkwa, has stated that his outfit is forcefully pursuing an innovation and digitization agenda. According to him, the move which is in line with government’s digitization agenda, will safeguard…
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![Ghana’s increasing mobile phone penetration creates more jobs for phone repairers [Video]](https://citibusinessnews.com/wp-content/uploads/2020/10/10.jpg)
Ghana’s increasing mobile phone penetration creates more jobs for phone repairers [Video]
Despite continuous advancements in technology and production standards for phones across the world, damaged phones continue to be growing by the day. Mobile phone users in Ghana and the world over cannot seem to stop cracking their phone screens or damaging their devices in one way or the other. In this report, Citi Business News…
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COVID-19: Bank of Africa to leverage on global presence and tech to serve customers
Executive Head Corporate and Enterprise Banking at Bank of Africa (BoA), Mr. William Boateng, has noted that the outbreak of the coronavirus pandemic is changing the dynamics of banking across the globe. He explained that the pandemic is ushering the banking system into a new era where bank and customers heavily rely on technology to…