Chief Executive Officer of MobileMoney Fintech LTD, Shaibu Haruna, has called for stronger consumer protection frameworks to underpin Africa’s fast-growing digital lending ecosystem, warning that financial inclusion without safeguards could do more harm than good. Delivering a keynote address on responsible digital lending and consumer protection at the opening of the 3i Africa Summit in Accra, Haruna stressed that the speed of digital credit must be matched with transparency, accountability, and trust. In the time it takes to complete a sentence, a digital lender in Accra, Kampala or Dar es Salaam can approve thousands of loans. But we must ask ourselves—did the borrower understand the interest rates, the penalties, and the terms? If not, then we must pause. Because without protection, there is no inclusion, and inclusion without protection is a trap,” he said. He noted that digital lending has transformed access to credit across Africa, enabling millions of individuals and sma...
By Kofi Ahovi Ghana has reaffirmed its readiness to respond to any potential nuclear or radiological emergency, with authorities outlining a comprehensive national framework with a proposal for National Disaster Management Organisation (NADMO) to play a key role. At a virtual media workshop organised by Nuclear Power Ghana, Alberta Blay, a member of the Engineering Development team at Nuclear Power Ghana and seconded from the Ghana Atomic Energy Commission, said Ghana’s emergency preparedness system is designed to minimise the impact of any nuclear incident on people, property and the environment. Blay explained that NADMO serves as the central coordinating body, working closely with multiple state agencies to ensure a swift and effective response in emergency situations. In Ghana, emergency preparedness for nuclear incidents is built on strong coordination, with NADMO leading and working together with relevant state institutions to protect lives, property and the environment,” s...