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27th November,2021

 

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Winners for the Ghana Fintech Awards announced : Arkel Consult and Management Services Limited in partnership with Abjel Communications have announced the winners for the maiden edition of the Ghana Fintech Awards 2021 with Zeepay Ghana Limited Emerging as Fintech Company of the year. The event aimed at recognizing and acknowledging the achievements of individuals and companies who are contributing towards the growth of Ghana’s financial and technology ecosystem.

Republic of Palau partners Ripple to explore XRP Ledger to create world’s first government-issued national stablecoin : Palau partners with a leading provider of enterprise blockchain and crypto solutions for cross-border payments, Ripple, to explore the its first national digital currency and its use cases with the XRP Ledger which may lead to the implementation of the world’s first government-backed national stablecoin in the first half of 2022.

Bitcoin crushes Gold: preferred by Fund Managers and Institutional Investors : A rising number of fund managers and institutional investors like CEO of Galaxy Digital Holdings, Mike Novogratz, Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., prefer crypto as a better store of value and a better inflation hedge than gold.

Ghana : Proposed E-Levy causes DECLINE in eCommerce, e-Payments : The negative impact of Ghana’s E-Levy on electronic transactions, announced few weeks ago but yet to be implemented is already making citizens panic, especially mobile money operators knowing the it will affect mobile money usage, other electronic transactions and eCommerce platforms as well as their businesses in the country.

Africa Fintech Network Advisory Council Inaugurated : In the quest to connect Africa and the global community for open dialogue, build synergies and create diverse opportunities in Fintech and allied matters,  Africa Fintech Network (AFN) has inaugurated an Advisory Council made up of highly influential business and fintech thought leaders from within and outside of Africa.

OPPORTUNITIES

Catalyst Fund: Catalyst Fund Inclusive Fintech Accelerator, managed by BFA Global and fiscally sponsored by Rockefeller Philanthropy Advisors, is an accelerator that supports inclusive tech innovators in emerging markets across a number of sectors, including fintech and digital commerce, offering accessible, affordable and appropriate solutions, designed for underserved individuals and micro and small enterprises, and accelerate the local ecosystems around them, with the goal of improving the livelihoods and resilience of underserved customers and micro and small enterprises in emerging markets. They operate in five key markets known to be home to FinTech startup hubs – Kenya, Nigeria, South Africa, Mexico and India.

SPOTLIGHT

The Chamber of Digital Commerce : The world’s leading trade association representing the digital asset and blockchain industry with the mission  to promote the acceptance and use of digital assets and blockchain-based technologies. The chamber educated, advocates and works closely with policymakers, regulatory agencies and industry, with the goal to develop an environment that fosters innovation, jobs and investment. Its membership is made up of some of the world’s leading innovators, operators and investors in the digital asset and blockchain technology ecosystem, including start-ups, software companies, global IT consultancies, financial institutions, investment firms and law firms.

 

EVENTS

8th Virtual Fintech Connect: 2021 FinTech Connect conference dubbed “The Global FinTech Ecosystem Connected” is to take place on 01 – 02 December, 2021. The virtual conference will bring together challenger banks, innovative merchants, central banks, tier one financial institutions or cutting-edge tech players, and related experts and professionals to discuss challenges and successes in AI, Open Banking, CBDCs, DeFi, Embedded Finance, Fraud, AML and digital transformation.

 

 

 

 

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