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Mobile Money Interoperability records more than 4.4million transactions

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Mobile Money Interoperability (MMI) recorded more than 4.4 million transactions in its first year of operation. Beginning with just 96,907 transactions in its first month, public usage of the cross network platform grew phenomenally to 422,275 transactions in December last year and 502,873 transactions in May this year. MMI or seamless cross mobile money network transactions became possible in May last year, following a challenge thrown to the Ghana Interbank Payment and Settlement System (GhIPSS), the Telcos and financial institutions by the Vice President, Dr. Mahamudu Bawumia. The Chief Executive Officer of GhIPSS, Archie Hesse in an interview described the MMI initiative as successful. He said it has provided a very efficient way of funds transfer for many people, opening up the mobile money payment platform, enabling people and businesses to use it in different ways. Before MMI came into being, cross network transactions through the ‘token’ system was hovering around 90,000 t...
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Ghana Data Science Summit 2019 set for April 25

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A Ghanaian-based analytics start-up, Wave-2 Analytics Limited, will organise the maiden Ghana Data Science Summit 2019 from April 25 to April 27, 2019 at the Kofi Annan Centre of Excellence in ICT. Dubbed: “IndabaX Ghana” the three-day event, aims to bring increased awareness and capacity building efforts in data science and analytics (including data mining, machine learning, and artificial learning) to Ghana. The event, being sponsored by Deep Learning Indaba, Google, and Microsoft, would be on the theme: “The Promise of Data Science for Economic Transformation.” Other partners would include Python Ghana, the Department of Statistics and Actuarial Science at the University of Ghana, and BACE GROUP. A statement issued in Accra by the organisers and copied to the Ghana News Agency said, Ghana’s contribution to the data science revolution was long overdue and the event would assemble some experts driving change at the forefront of data science and machine intelligence from all over t...
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