Top 5 issues African economies must focus on in 2020

Charles Ayitey Jan 2, 2020 at 09:00am

January 02, 2020 at 09:00 am | Money Moves, Opinions & Features

Charles Ayitey

Charles Ayitey

January 02, 2020 at 09:00 am | Money Moves, Opinions & Features

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Photo Credit: Tech Nova

Financial Technology

It has been described as the permanent solution to inclusiveness in the financial space. From the capacity to mop up domestic revenue to the potential of ensuring efficiency, financial technology is shooting up the growth indices of economies like Ghana and Kenya.

With the introduction of payment systems including Mobile Money, economies like Ghana have seen a rise in revenue generation by close to 13 per cent. Financial Technology can be a game-changer in rooting out systemic corruption, improving efficiency and enhancing financial inclusion.

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