TEMPLARS and Clifford Chance host technical summit on developing fintech in Ghana
African law firm TEMPLARS and international law firm Clifford Chance have organized a technology summit titled “Perspectives on Fintech in Ghana” to support the growth of financial technology in the country.
The event was a sequel to the recent perspectives on fintech in Nigeria held in Lagos, Nigeria. The summit was a huge success, bringing together key players and stakeholders to share their views on the fintech ecosystem in Ghana, including regulations, innovation and investment.
The summit was attended by His Majesty’s Trade Commissioner for Africa, John Humphrey, representatives from the British High Commission and the Foreign Commonwealth and Development Office, senior executives from Zenith Bank, investors, venture capitalists, fintech entrepreneurs, academics and researchers. as industry experts and consultants.
Dorothy Mensah, Partner at TEMPLARS Ghana, highlighted the growing demand for innovative solutions, making the summit a crucial step in facilitating meaningful conversations and collaboration between stakeholders in Ghana’s rapidly evolving fintech landscape.
The summit featured various sub-themes including legal and regulatory trends in the Ghanaian fintech market, Fintech investment and funding in Ghana, and 360 perspectives on Fintechs and the way forward.
During the panel discussion on legal and regulatory trends in the Ghanaian Fintech market, Kwame Oppong, head of the Fintech and Innovation Office at the Bank of Ghana, noted that the Bank of Ghana has taken precautions to protect local fintech companies and to facilitate their growth.
He added that the Bank of Ghana is working diligently to assist all players in the fintech industry to promote expansion.
The panel discussion on Fintech investment and financing in Ghana was moderated by Herbert Swaniker, Senior Associate of Clifford Chance; with Kwame Adadey, Divisional Head, Marketing, Zenith Bank Ghana; Simi Obatusin, Associate, Clifford Chance; Samuel Osew-Kwatia, Chief Financial Officer, Broadspectrum; Maud Quaye, Associate, GOODsoil VC; Shirley Somuah, Partner, Cardinal Stone and Duke Lartey, COO of SecondSTAX, as panelists. The panelists discussed capital repatriation, financing options and trends, and environmental, social and governance (ESG).
Godwin Tamakloe, Senior Manager, Regulatory and Compliance at MTN, moderated a panel titled “360 Perspectives on Fintech and the Road Ahead.”
This session examined the achievements and future of the Ghanaian fintech ecosystem, including its expansion across Africa and Europe. Panelists who spoke on the topic included George Babafemi, CEO of eTranzact; Nefe Etomi, Expansion Strategy and Operations, Paystack; Dion Taylor Samson, Managing Director of Chipper Cash and Kikun Alo, Senior Associate at Clifford Chance.
Clifford Chance and TEMPLARS Tech Summit provided a forum for innovators, investors, regulators and other key players in the fintech industry to network, exchange ideas and explore new partnerships and growth opportunities.
By fostering a supportive and collaborative environment, the organizers hope to stimulate innovation, unlock new prospects and position Ghana as the leading fintech hub in Africa.
DISCLAIMER: The views, comments, opinions, contributions and statements of readers and contributors on this platform do not necessarily represent the views or policies of Multimedia Group Limited.
