EFGH and Nosmay Launch NKWA, Ghana's First Digital Levy Collection Wallet
EFGH and Nosmay have launched NKWA, Ghana's first digital wallet for levy collection, combining EFGH's embedded finance technology with Nosmay's local expertise. The platform will enter the Bank of Ghana Regulatory Sandbox and is expected to support Ghana's fiscal digitalization and decentralized development agenda. Separately, EFGH will contribute 10% of its Ghana-derived revenues to Ghana's District Assemblies Common Fund for public interest projects.
Topics: digital finance embedded finance Ghana fiscal digitalization public interest investment regulatory sandbox