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BoG Uncovers Over 400 Illegal Digital Lenders in Crackdown
The Bank of Ghana has exposed over 400 illegal digital lending operators, underscoring the rising threat of unregulated financial services in the country’s rapidly evolving fintech sector.
The revelation was made by the Deputy Governor for…
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Global Fintech Market Set to Hit $400 Billion by 2028 — BoG Deputy Governor
The global fintech market is on track to reach $400 billion by 2028, with digital lending alone expected to surpass $1.3 trillion, according to the Bank of Ghana.
Highlighting the rapid growth of financial technology worldwide, BoG Deputy…
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Ghana Poised to Become Regional Hub for Responsible Digital Finance — BoG
The Bank of Ghana (BoG) has reaffirmed its commitment to positioning Ghana as a regional hub for responsible digital finance, blending innovation with regulatory rigour to drive inclusive growth across Africa’s fintech landscape.
Speaking…
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‘Meaningful Progress Happens When We Engage’—MTN MoMo CEO
Chief Executive Officer of MTN Mobile Money Limited, Shaibu Haruna, has underscored the power of dialogue and partnership in building a sustainable digital financial ecosystem, stressing that “meaningful progress happens when we engage,…
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Taptap Send Resumes Money Transfers Full Operations in Ghana
Money transfer service Taptap Send has announced the full restoration of its operations in Ghana following what it described as “fruitful and positive engagement” with the Bank of Ghana.
The company confirmed that the temporary pause on…
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Ghana Misses ¢123bn Revenue Target By 5.5% Despite Strong Growth
Ghana’s total revenue and grants for the first half of 2025 fell short of projections despite recording impressive year-on-year growth, according to the Bank of Ghana’s September 2025 Monetary Policy Report.
Between January and June 2025,…
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Govt Spending Falls 14% Below Target — BoG Report
The Government of Ghana maintained a tighter grip on public spending in the first seven months of 2025, keeping total expenditure below projected levels and signalling improved fiscal discipline.
This was contained in the Bank of Ghana’s…
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MTN MoMo Commercial Chief Urges BoG to Fast-Track Cross-Border Mobile Money Integration
Chief Commercial Operations Officer of MobileMoney LTD, Abdul Razak Issaka Ali, has urged the Bank of Ghana (BoG) to embrace rather than fear financial technology (fintech) innovations, particularly in the area of cross-border payment…
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EU Commits $12.3 Billion to Boost South Africa’s Clean Energy and Infrastructure Sectors
The European Union (EU) has announced a $12.3 billion investment package for South Africa, targeting clean energy, infrastructure, and pharmaceutical development.
The pledge, made late Thursday, represents a major boost to Africa’s most…
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DVLA to Roll Out Biometric International Driver’s Licenses and Vehicle Permits in 2026
The Driver and Vehicle Licensing Authority (DVLA) is set to introduce biometric International Driver’s Licenses (IDLs) and International Vehicle Permits (IVPs) in 2026 as part of efforts to enhance the global recognition and security of…
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