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APN SET TO INITIATES DIALOGUE BETWEEN AFRICA LEADERS TO ADDRESS MOBILE MONEY INTEROPERABILITY IN THE CONTINENT

The Africa Prosperity Network (APN) set to organize a flagship event in Accra on 5 July 2024 to dialogue between Africa Leaders and Industry players to scale up interoperability on the continent.

The event which to be held at Labadi Beach Hotel in Accra will focus on advancing mobile money interoperability across Africa with the theme “Scaling Up Interoperability: Using Mobile Money to Buy & Sell Across Africa”

Speaking at a press briefing, the founder and Executive Chairman at Africa Prosperity Network, Mr Gabby Otchere-Darko stated that the Interoperability will go along way to liberate Africans from poverty.

According to him, digital payment is a form of reducing unemployment among Africans, adding that Africa is way ahead in using digital payment system.

He is of the view that getting single market working will accelerate development on the African Continent, because the trade figures among Africans is very low.

The communication Consultant at Africa Prosperity Network(APN), Mr Gayheart Mensah opined that the goal of APN is advocate Interoperability within the African Continent.

At a press briefing on Thursday 6th June 2024, on the upcoming Interoperability symposium, Mr Mensah alluded that Africa can have the Prosperity they craves for if Africans can trade among themselves.

According to him, Africa has everything on the continent but there is the need to align and integrate the economies, Africa can bring Prosperity to its people with donor support. He called on African leaders to take centre stage in promoting Interoperability to allow Africans to trade within the continent.

In a world where access to financial services is critical for economic growth, mobile
interoperability is essential for Africa’s payment infrastructure.

Despite efforts for regional integration, market fragmentation and non-tariff barriers continue to impede cross-border trade. Many Africans are still excluded from the formal financial system, which hinders economic activities such as saving and investing.

 

Source: Obaatanpa Newsroom

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