Tag: Bank of Ghana
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π¬π Ghana’s Anti-Corruption Battle Reaches Former Finance Minister: A Test for the Rule of Law
A red notice from Interpol and an extradition request to the United States mark a dramatic turn in Ghana’s pursuit of a former finance minister accused of masterminding a multimillion-dollar scheme that allegedly defrauded the state. Ghana’s former Finance Minister, Ken Ofori-Atta, has been formally charged with 78 counts of corruption. The charges stem from…
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Bank of Ghana Declares 50 Loan Apps Illegal: What This Means for Fintech in Africa
By: Tekpwfari Stix El| panafrican.email Date: May 31, 2025 — Introduction In a decisive move to regulate the fast-growing digital lending space, the Bank of Ghana (BoG) has declared 50 digital loan apps illegal, citing consumer abuse, data privacy violations, and failure to obtain proper licensing. The announcement has sparked intense public debate on financial…
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