By Adnan Adams Mohammed Rising cyber threats powered by artificial intelligence and expanding mobile money fraud are highlighting the need for stronger security infrastructure across Africa’s financial and telecommunications sectors. …
mobile money
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Economy and Finance
BoG urges fintechs to deepen compliance, consumer protection and anti-financial crime efforts
by Adnan Adamsby Adnan AdamsThe Bank of Ghana (BOG) has called on mobile money operators, fintechs and financial institutions to strengthen compliance and consumer protection measures as the sector expands. Speaking on behalf of …
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Economy and FinanceNews
Ghana plans to link intra-African debit card with mobile money
by Adnan Adamsby Adnan AdamsEfforts are intensifying to mainstream the use in Ghana of Africa’s first potentially pan-continental debit payments card – the Pan African Payment and Settlement System (PAPSS) Card. The PAPSS Card …
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Economy and Finance
Mobile money transactions in Ghana hit GHC354.1bn in August
by Adnan Adamsby Adnan AdamsMobile money transactions in Ghana amounted to GHC354.1 billion in August 2025, according to the latest Summary of Economic and Financial Data released by the Bank of Ghana (BoG). The …
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Economy and FinanceNewsTechnology
Telecoms scrap E-levy ….following govt, directive
by Adnan Adamsby Adnan AdamsThis comes as President John Dramani Mahama assented to the Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy (Amendment) Act, 2022 (Act 1089) bill, which abolishes …
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Economy and FinanceNewsTechnology
Ghana reigns globally in fintech… as WEF declares digital economy as the future of Africa
by Adnan Adamsby Adnan AdamsGhana’s shine at the global space comes the same week the 2025 World Economic Forum (WEF) resolved after the 4-day summit that, “adopting emerging technologies such as artificial intelligence, the …
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Agric and EnvironmentLifestyleNewsTechnology
Locked up monies on deactivated MoMo accounts numbers to be retrieved for owners
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Relief to owners of SIM cards who have their numbers deactivated but had monies in their mobile money accounts are to receive their monies soon as …
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Agric and EnvironmentEconomy and FinanceNews
MoMo transactions records 3% decline in value
by Adnan Adamsby Adnan AdamsThe Central Bank’s Summary of Economic and Financial Data revealed a minimal decrease in the number of active mobile money accounts from 18.9 million to 18.6 million between March and …
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Agric and EnvironmentEconomy and FinanceNews
Mobile Money Industry processes record $1 trillion in 2021
by Adnan Adamsby Adnan AdamsThe growth of ecosystem transactions such as merchant payments, international remittances, bill payments and bulk disbursements, together with interoperable transactions, are accounting for a more significant share of the global …
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Agric and EnvironmentEconomy and FinanceNews
MoMo transactions in value decrease by 8% within two months space of e-levy standoffs
by Adnan Adamsby Adnan AdamsThe number of MoMo transactions also saw a drop from 401 million in December to 372 in January this year. This comes at the time of heated controversy surrounding the …