MoMo Reaffirms Commitment To Financial Inclusion

Charles Asamoah Assah

MobileMoney Fintech Ltd (MMFL) has reaffirmed its commitment to expanding financial inclusion in Ghana through investments in digital infrastructure, secure payment platforms, and strategic technology partnerships.

The Chief Technology and Service Delivery Officer of MMFL, Charles Asamoah Assah, outlined these priorities during a panel discussion at the Ghana–Korea Business Forum, held under the theme “Business, Innovation, and Partnership.”

Mr. Assah said the expansion of financial services depended on resilient telecommunications infrastructure and secure digital platforms capable of supporting increasing transaction volumes.

“If we are talking about financial inclusion, we must have the right connectivity to support that growth,” he stated.

He explained that the growing adoption of mobile money and electronic payment services required continuous investment in technology to ensure efficient, reliable, and secure transactions.

“People must feel confident that their transactions are safe and that their money will reach the intended recipient,” he added.

Mr. Assah stressed the need to bridge the digital divide by extending essential telecommunications services to rural and underserved communities.

He cited the commissioning of telecommunications towers in previously unconnected areas as an example of how improved network access could stimulate commercial activity and create opportunities for local businesses.

According to him, access to digital financial services enables traders, small businesses, and rural residents to conduct transactions, access financial products, and participate more actively in the formal economy.

Mr. Assah called for stronger collaboration between Ghanaian and Korean technology companies to promote skills development, knowledge exchange, and innovation.

He proposed establishing a regional knowledge-sharing hub where Ghanaian engineers, students, and young entrepreneurs could receive practical training and benefit from Korean technological expertise.

He said such partnerships would strengthen local capacity to develop solutions tailored to Ghana’s needs, reduce dependence on imported technologies, and create employment opportunities.

He also advocated extending technical training and innovation programmes beyond major cities to nurture talent across the country.

BY Prince Fiifi Yorke

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