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March 12, 2022
Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.
In this edition,
Ghanaian Female Tech Founder Raises Angel Investment from Boxplay Ventures : Vanessa Leonie-Mensah, a 22-year-old female entrepreneur founded VDL Fulfilment, a technology based fulfilment start-up in Ghana which she says works like Amazon Fulfilment but specifically designed for the African ecosystem to meet the specific needs of buyers and businesses.
Biden endorses cryptocurrency executive order, hoping to advance a digital dollar and other innovations : US President, Joe Biden signed an executive order on Wednesday mobilizing the federal government to create a strategy for digital assets that promotes innovation in the industry while minimizing risks to citizens and the global financial system.
Bank of Ghana waning on cryptocurrency – Bitcash Currency Exchange : The Bank of Ghana (BoG) in a notice dated March 8,2022, warns the general public to detest from participating in a money doubling scheme, “Bitcash Currency Exchange” and disassociates itself from the said entity, stating that it has not given it license to operate.
Amex joins Mastercard, Visa, PayPal, and others to halt Russian Services : Following international sanctions on Russia, American Express halts its services in Russia just as Visa and Mastercard did a day before Amex made it announcement and as PayPal, which shut down its services a week after Russia was kicked off SWIFT.
7th Africa Fintech Summit (AFTS) : With 30 speakers and the support of an advisory board of thought leaders and fintech pioneers, the this year’s Africa Fintech Summit is scheduled for April 21, in Washington, DC, USA. The event offers platform which allows for the exploring of ideas, investments mobilization, and collaborations formation which relates to Africa’s financial technology (fintech) and will touch on across–border fintech collaborations between Africa and US, Africa’s Fintech Investment, Cryptocurrency redefining the meaning of money, Fintech driving ESG initiatives across Africa, Fintech regulations and digital infrastructure as the backbone of the fintech industry in Africa.
Yotpo Grow Accelerator Program : Yotpo Grow incubator program accelerates small businesses often from under-represented communities and help strengthen their relationships with consumers through unified, data-driven solutions for loyalty, SMS marketing, reviews and others. The 10 selected black-owned brands amongst the applicants receive e-commerce marketing solutions for customer advocacy, engagement and retention and also get a dedicated customer success manager, as well as access to events, workshops and a number of marketing opportunities throughout the year.
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