Digital Lending : Bank of Ghana Has Officially Classified Digital Credit Services As a Non-Bank Financial service.
Accra Digital Digesst
A newsletter with weekly updates on the tech ecosystem in Ghana. This is also a safe space for conversation, connection
Digital Digest No.#1111001
Date: August 25 - August 31 2025
Dear Friends,
Happy new month!🎉 Here are the most important news, perspectives, analysis, and insights about the Ghanaian digital ecosystem from last week
Digital governance
News updates
Cryptocurrency traders in Ghana will soon be brought under the tax net as the Authority prepares to roll out new technology to track digital asset transactions. The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has announced that the GRA is building digital systems capable of capturing cryptocurrency transactions and accounts to ensure compliance.
The Bank of Ghana (BoG) has formally classified digital credit services as a non-bank financial service under the First Schedule of the Non-Bank Financial Institutions Act, 2008 (Act 774). This Brings mobile/app-based lending under an explicit regulatory umbrella as digital lending expands. Find out wat’s next in this piece.
Digital infrastructure and platforms
News updates
Over the past weeks, there have been concerns regarding intermittent downtimes on the ICUMS platform. Ghana Link Network Services Ltd, operators of the Integrated Customs Management System (ICUMS), has assured stakeholders on the platform that it is working around the clock to address recently reported challenge and appealing to its cherished stakeholders, importers, exporters, freight forwarders, shipping lines, and all partners in Ghana’s trade ecosystem to bear with them during this crucial period
Tik Tok has rolled out TikTok for Artists in several countries including Ghana—a platform for musicians and their teams track song performance, understand audiences, and run pre-release and promotional activities directly from TikTok. Here is how it works ………..
The University of Professional Studies, Accra (UPSA) has signed a Memorandum of Understanding (MoU) with Hallmark Research Labs, a Ghana-based artificial intelligence (AI) research entity, for the establishment of a state-of-the-art AI laboratory at the university. The partnership, worth US$240million over the next ten years, is expected to support the government’s agenda of advancing and integrating AI into Ghana’s national development strategy.
Digital finance
News updates
In 2020, Ghana officially launched its universal QR code payment system, known as GhQR. Adoption was slow at first but picked up after 2021 and recorded a transaction volume decline in 2023. This piece shares Ghana’s QR Payment Platform numbers form 2020 - 2023, comparing it to that of Mobile Money.
Recommended by LinkedIn
A high-powered delegation of women executives and innovators within Ghana’s fintech ecosystem, led by technology entrepreneur and digital transformation advisor Ethel Cofie, last Friday, paid a courtesy call on the Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu. The delegation, made up of leading members of the Ghana Fintech and Payments Association (GFPA), visited to advance dialogue on strengthening women’s participation in Ghana’s digital financial sector
Digital entrepreneurship
MEST Africa Challenge (MAC) won by Ghana’s own SAYeTECH last year is back. Applications for the 2025 edition which opened on 4th August 2025 close 26th September 2025. This year, the pan-African pitch competition is offering $50,000 in equity funding and more to Early-stage tech startups.
Complete Farmer bags $5m debt deal to scale its agritech platform. Complete Farmer has secured $5m in debt financing from Swiss impact investor Symbiotics, part of a $22m Series A round the company is currently raising. Complete Farmer runs a digital platform that connects more than 12,000 growers to both local and international buyers, while providing farmers with agronomic expertise, inputs, and support to meet export-grade standards.
Stay Updated with Accra Digital Digest! Join the Accra Digital Digest channel on WhatsApp.
Digital talents
News updates
“Most job platforms (e.g., LinkedIn, Jobberman, Indeed) assume users are literate, tech-savvy, and online. This excludes millions of Africans with basic phones, no formal resumes, and limited education” – This is where Qwesi AI, which uses voice tech to connect underserved Africans to jobs and funding comes in. Click to Read this edition of 6 questions with Dr. Paul Amissah — a surgeon who’s building AI platforms and running restaurants.
The Tech, Art & Soul Podcast asks the big questions about the possibilities when three worlds come together. The technology affecting cultures, the creativity pushing the boundaries of our imagination, and the people inspiring positive change with radical innovation. The podcast explores these interplays through authentic, unscripted conversations with artists, technologists, and thought leaders who challenge our view of the world.
Check out all 8 episodes the Tech, Art And Soul Podcast on Youtube or Stream on the following platforms:
Stay Updated with the Accra Digital Digest!
Each week, we bring you insights into Ghana’s evolving digital landscape. SUBSCRIBE
Kindly share us with your friends, co-workers, and tech enthusiasts in your network.
Send us an email at info@nodeeight.org if you have any news update, op-eds or events you would want us to feature.
Cheers! 🍻 .
