Ghana Minister calls for Pan-African payment system


Ghana Minister calls for Pan-African payment system

Hon Ursula Owusu Ekuful who is the Ghanaian minister for Communication and
Digitalization has urged African FinTech companies to create our own international
online payment system to stop our dependence on international brands like
MasterCards, Visa cards and American Express for electronic payments
 

Ghana Minister calls for Pan-African payment system

Hon Ursula Owusu Ekuful who is the Ghanaian minister for Communication and
Digitalization has urged African FinTech companies to create our own international
online payment system to stop our dependence on international brands like
MasterCards, Visa cards and American Express for electronic payments
Sadly This isn't going to make much of a difference since they can just as easily be strong manned to do what there masters want them to do like they have already proven time and time again. Before Africans talk about pan african projects (pan Africanism is a myth) they need to establish themselves and throw off the shackles of mental slavery but it looks like that ain't happening any time soon and many African countries are under new management in the form of China.
 

Laagite

الداروودي

Ghana Minister calls for Pan-African payment system

Hon Ursula Owusu Ekuful who is the Ghanaian minister for Communication and
Digitalization has urged African FinTech companies to create our own international
online payment system to stop our dependence on international brands like
MasterCards, Visa cards and American Express for electronic payments
Developed economies like Japan and South Korea use American Express, MasterCards and Visa, there's no reason to make a new payment system. what africa needs is a unified currency like the Euro, 1 currency to peg against the USD or better yet to peg against gold like the Kuwaiti Dinar
 
Nacala why would we listen to these people
Run a developed country before you advise, there's literally Ghana footballers in Somalia because we have better facilities and pay
 

Periplus

It is what it is
VIP
Developed economies like Japan and South Korea use American Express, MasterCards and Visa, there's no reason to make a new payment system. what africa needs is a unified currency like the Euro, 1 currency to peg against the USD or better yet to peg against gold like the Kuwaiti Dinar

That works until you have a Greece situation that puts your whole currency into crisis.

Looking at Africa, the likelihood of at least one of the nations having that issue is too high.
 

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