The University of Ghana Business School (UGBS) organised a Public lecture on Monday, 24th September, 2018 at the Graduate Building with Professor Victor Murinde of SOAS University of London, on the topic: "Financial Technologies Paving a Bright New Path for the World’s Unbanked Population". The lecture was themed: “Illicit Financial Flows out of Africa: Driving Financing of Public Infrastructure in the Global South”.
In his introductory address, the Coordinator for UGBS Seminar Series, Dr. Abdul-Gafaru Abdulai of the Department of Public Administration and Health Services Management (PAHSM), acknowledged the dignitaries and audience present. He expressed that, the event is aimed at influencing policy debate in critical national and international development.
Professor Joshua Yindenaba Abor introduced the speaker as a man of knowledge and great repute and entreated all to pay rapt attention to the lecture in order to gain more from it.
The professor of global finance at the SOAS University of London, Victor Murinde, in his message, pointed out the idea behind Financial Technology (FinTech), the role it plays in the continent of Africa, the successes, challenges and countries with comparative advantage.
“Financial Technologies in brief (FinTech) is a revolution on the rise, which causes other policies and innovations to reach where others have not reached in the area of empowering individual economic growth and sustained growth”, he said.
He opined that, FinTech plays a significant role in facilitating access to financial products and services and has contributed immensely to the quality of infrastructure, business ecosystem and financial inclusion on sustainable economic development. He further stated that, the objectives of his findings are to understand which country’s characteristics facilitate the use of FinTech and to investigate the impact it has on economic development.
Dr Abdul-Gafaru Abdulai moderated the question and answer session and brought the lecture to a close with votes of thanks.
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