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November 25, 2023

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

In this edition,

Bank of Ghana fines and suspends Forex Licence of Zeepay Ghana Ltd : The Bank of Ghana fined Zeepay Ghana Limited and suspended its Forex Licence for violating Inward Remittance clause and Foreign Exchange Act, 2006 regulations, urging market players to comply

Crypto Firm wins Africa Financial Industry Innovation Award : Nigerian cryptocurrency exchange platform Yellow Card has won the top financial industry award for innovative businesses in the sector, signaling growing acceptance of unconventional digital assets in Africa

50% European fintech lenders unlikely to hit profitability – WinYield : European fintech startups have over €11b in debt facilities in 2023, but many are unviable due to lack of credit experience, basic underwriting models, delayed payments, and risk of losing €514 million VC; profitable fintechs may pivot multiple times

TRAINING

6th  Cohort Professional Certificate Training in Financial Technology(FinTech) and Innovations : From February 1-2, this training is expected to power a new group of individuals and companies in FinTech Innovations through knowledge & skills set training at the Kofi Annan ICT Centre, Accra-Ghana & Online.  Click here to register 

EVENTS

Digital Euro Conference 2024 : The Digital Euro Conference 2024 in Frankfurt will explore the future of money with presentations, discussions, and pitches from experts on central bank digital currencies, stablecoins, and CBMTs, covering status quo, design, implementation, legal considerations, and industry implications

OPPORTUNITY

Smart Cities Innovation Programme Application closes : Invitation for Kenyan and Rwandan startups to apply for the Smart Cities Innovation Programme (SCIP) aimed at fostering 20 high-potential startups – 10 in Kigali and 10 in Nairobi – focusing on smart mobility and logistics solutions, to scale solutions shaping the future of urban living in Africa closes

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