Is Ghana’s QR Payment Platform Facing Slow Adoption?
Plus: TikTok launches Artists platform in Ghana and UK wants Africa invests to list on stock exchange
Developed in 2020 by GhIPSS in partnership with the Bank of Ghana (BoG), the GhQR platform allowed consumers to scan a merchant’s QR code using their mobile phones to make instant payments from various funding sources, including bank accounts and mobile wallets.
But after five years, is the platform being adopted?
Partner Content
MEST Africa Challenge 2025 Opens Applications: $50k Equity Prize and a Cape Town Finale
The MEST Africa Challenge (MAC) 2025 is now open for applications. Early-stage African technology startups have the opportunity to compete for $50,000 in equity funding, gain access to leading investors, and join one of the continent’s most respected startup communities.
This year’s edition, in partnership with Absa, will highlight founders building scalable solutions with a particular focus on fintech and financial innovation.
Key Dates:
Applications close: 26 September 2025
Virtual semi-finals: October 2025
Final pitch event in Cape Town: November 2025
Startups with bold ideas and the drive to scale are encouraged to apply.
In The News This Week:
TikTok launches “TikTok for Artists” in Ghana
TikTok has rolled out TikTok for Artists in Ghana—an all-in-one insights and campaign hub that helps musicians and their teams track song performance, understand audiences, and run pre-release and promotional activities directly from TikTok.
UK Pushes African Firms to Raise Money in London
The U.K. is stepping up efforts to attract more African companies to the London Stock Exchange (LSE), with officials pitching London as the go-to destination for raising global capital.
Africa Ecosystem Activity
SA fintech startup StraTech raises funding to drive expansion
Egyptian quick-commerce startup Breadfast raises $10m Series B2 funding
Moroccan influencer marketing startup Hypeo Ai secures funding
Nigeria’s Zippcart is a smart self-checkout device for retail stores in emerging markets
EVENT: DASA 2025: Africa’s Premier Digital Assets Summit Kicks off in Accra On September 29th
In a bold step toward shaping Africa’s digital finance future, Promark Elite Ltd, a Ghana-UK-based consultancy and events and strategic communications company, will host the inaugural Digital Assets Summit Africa (DASA) on 29th September in Accra.
The two-day forum will bring together policymakers, investors, regulators, and technology leaders from across the continent and beyond.