{"id":89599,"date":"2025-11-07T16:07:33","date_gmt":"2025-11-07T16:07:33","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/ghana-singapore-launch-africas-first-finternet"},"modified":"2025-11-07T16:49:37","modified_gmt":"2025-11-07T16:49:37","slug":"ghana-singapore-launch-africas-first-finternet","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet","title":{"rendered":"Ghana, Singapore Launch Africa\u2019S First Finternet"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>Ghana\u2019s District Assemblies Common Fund (DACF) and Singapore-based Embed Financial Group Holdings (EFGH) unveiled a strategic partnership to build what they call Africa\u2019s first \u201cFinternet\u201d, a digital financial network designed to connect governments, communities, and enterprises through payments, credit, and insurance services.<\/b><\/p>\n<p>The initiative aims to empower Ghana\u2019s district assemblies and local governments with a technology platform that facilitates transactions among government, citizens, and businesses, integrates micro-insurance, and introduces innovative revenue-generation models for local development. Under the partnership, the DACF will oversee implementation to align with Ghana\u2019s decentralisation goals, while EFGH will contribute its expertise in fintech infrastructure and embedded finance.<\/p>\n<p>Key components highlighted in the announcement include:<\/p>\n<p>Digital financial rails to facilitate government-to-citizen and business-to-business transactions across Ghana\u2019s districts.<\/p>\n<p>Integrated microinsurance and SME protection programs built directly into the platform.<\/p>\n<p>Green data-centre infrastructure powered by hydro and solar energy to support the Finternet network.<\/p>\n<p>Financial literacy and digital inclusion initiatives targeting citizens and small business owners.<\/p>\n<p>DACF Administrator Harry Yamson stated that the partnership will \u201cenhance Ghana\u2019s ability to mobilize funds and expand financial inclusion for citizens and small businesses in rural areas.\u201d<\/p>\n<p>EFGH Executive Chairman Dennis Ng described the collaboration as \u201ca defining moment\u2014evidence that innovation and trust can unite to foster shared prosperity,\u201d affirming the Singapore-based group\u2019s dedication to applying its digital-finance expertise within the African landscape.<\/p>\n<p>The partnership showcases a South\u2013South cooperation model that combines Ghana\u2019s decentralisation framework with Singapore\u2019s expertise in digital governance and embedded finance. It is projected to generate local employment, enhance transparency in public fund management, and strengthen support for local SMEs through integrated digital services.<\/p>\n<p>Although the financial terms of the joint venture remain undisclosed, the announcement outlines a roadmap for implementation across Ghana\u2019s district assemblies, with upcoming phases centred on pilot launches and expansion of the digital infrastructure.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Gambia<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. Ghana\u2019s District Assemblies Common Fund (DACF) and Singapore-based Embed Financial Group Holdings (EFGH) unveiled a strategic partnership to build what they call Africa\u2019s first \u201cFinternet\u201d, a digital financial network designed to connect governments, communities, and enterprises through payments, credit, and insurance services. The initiative aims to empower Ghana\u2019s district assemblies and local [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":89598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[260],"class_list":["post-89599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ghana, Singapore Launch Africa\u2019S First Finternet - Gambia<\/title>\n<meta name=\"description\" content=\"Ghana\u2019s District Assemblies Common Fund (DACF) and Singapore-based Embed Financial Group Holdings (EFGH) unveiled a s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana, Singapore Launch Africa\u2019S First Finternet\" \/>\n<meta property=\"og:description\" content=\"Ghana\u2019s District Assemblies Common Fund (DACF) and Singapore-based Embed Financial Group Holdings (EFGH) unveiled a s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-07T16:07:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-07T16:49:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/11\/sm_1762521534.791107.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ghana, Singapore Launch Africa\u2019S First Finternet\",\"datePublished\":\"2025-11-07T16:07:33+00:00\",\"dateModified\":\"2025-11-07T16:49:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet\"},\"wordCount\":329,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/11\/sm_1762521534.791107.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/ghana-singapore-launch-africas-first-finternet\",\"name\":\"Ghana, Singapore Launch Africa\u2019S First Finternet - 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