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Ghana to host Banking, Insurance and FinTech Festival 2018

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BIFF Press Release 01Industry players in Ghana’s banking, insurance and financial technology space will for the first time converge to celebrate their collective achievements.

Dubbed Banking, Insurance and FinTech Festival 2018 (biff2018),
organizers say the event will seek to inspire Ghanaians to participate in the ‘Money Convesrsation’ where we get to delibrate on: The Influence of FinTech in our Finances, the Essentials of Business Funding and the Essense of Insurance in our Lives – in this era.
A grand convocation of leading financial, insurance and FinTech firms, the three-day event will be held from April 23-25 April 2018 at the Accra International Conference Center.
Seminars, Exhibitions, Networking and an honorary ceremony to award deserving individuals and firms will characterize the three-day event.
Powered by Coaches Consult, it will be the sector’s biggest gathering in recent history.
The Banking, Insurance and FinTech Festival 2018 (biff2018) will be an annual event to celebrate Banking, Insurance and FinTech service providers for their role in National and personal development and also distinguished names.
Organizers Coaches Consult says it is to give the companies a platform to showcase their competitive service offers and show off their technological innovations in enhancing service delivery and customer experience.
The company adds that it will also create an opportunity for networking between industry players and prospective customers.
The biff2018 will also offer a comprehensive access to finance and Insurance solutions, and a festival atmosphere for business owners, entrepreneurs and professionals seeking business finance, insurance fintech solutions and options.
The Managing Director for Coaches Consult, Cornelius Ray Attah posed some question which will be answered at the festival.
“Financial Technology (FinTech) is DISRUPTING Banking and Insurance as we know it… Do we understand so as to take avantage of the new wave of money this disruption brings?
Businesses and individuals continue seek funds to run one venture or the other… Do we satisfy the requirements and know how to find money for our ventures?
Ghana has one of the highest rates of non-performing loans in Africa… Do we know when it is right to take a loan and how well to handle it to avoid defult on repayments?
 Insurance has been one of the most ingenius securities against unforseen circumstances… Do we understand as to take advantage of the rewards of this ingenius policy? Ray Attah quizzed.
Head of events at Pedestal, Boakye Nhyira said, “This event is going to come out as one of the most well produced events in recent times. With its Executive Lounge and Banking hall style setup and its serene ambiance. The three day event will be professionally produced for broadcast and live streamed on our website and other social media platforms.
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Holy Child alumni illuminate the path forward amidst national school power crisis

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HOPSA SOLAR PANEL 1

In recent times, the narrative of power challenges in Ghanaian schools has escalated, with numerous public institutions such as Mfantsipim School, Accra Academy, and Mondo Senior High Technical School among others facing abrupt electricity disconnections. 

This persistent issue highlights the dire need for sustainable solutions in powering educational facilities, crucial for maintaining the quality of education.

Stepping into the spotlight with a pioneering initiative, the 1999 alumni of Holy Child School have set a remarkable precedent.

 In a bid to combat these electricity woes, these visionary women have successfully funded the transition of their alma mater to 75% solar energy. This initiative not only addresses the immediate problem of power outages and financial strains on the school’s budget but also serves as a beacon of climate-positive action with the potential for carbon credit benefits.

Founded in 1946 by the Society of the Holy Child Jesus, Holy Child School has long stood as a bastion of educational excellence and societal impact in Ghana. Its alumni include distinguished personalities such as Ghana’s Ambassador to France, Anna Bossman; Goldman Sachs Vice President, Sabina Dankwah; and University of Ghana’s Vice-Chancellor, Prof. Nana Aba Amfo, to name a few.

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The Solar Project

This solar project, a gift from the 1999 alumni commemorating their 25th anniversary and coinciding with the school’s 78th speech and prize-giving day, symbolizes a profound act of giving back and forward.

 In an exclusive interview with the Business and Financial Times, engineer Ing. Mrs. Sheila Enyonam Akyea, president of the year group, shared:  “This project builds on the foundation laid by our predecessors. We’re thrilled to extend their initial contribution, ensuring every corner of our school benefits. It’s our way of ensuring current and future students receive the same level of empowerment and opportunity we had.”

Project’s Committee Chair Ing. Mrs. Teresa Kyei-Mensah, mentioned the substantial investment the solar installation demands, emphasizing ongoing fundraising efforts.

she said: “Once completed, the initiative promises significant savings for the school and, by extension, the Ghana Education Service, redirecting funds towards essential educational resources,” she added.

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Solar power, increasingly recognized for its affordability and environmental benefits, stands as a viable solution for Ghana’s educational sector and its broader climate goals. With abundant sunshine year-round, Ghana is ideally positioned to harness solar energy, reducing the financial burden on public resources while contributing to global carbon reduction efforts.

The project was completed in January 2024 after a 1-month testing phase. The year group eagerly anticipate the handover ceremony at the 78th Speech and Prize-Giving Day of Holy Child School in Cape Coast on Saturday, 9th March 2024 marking a significant milestone in their commitment to sustainable development and quality education in Ghana. 

This initiative not only lights the way for other schools grappling with similar challenges but also underscores the powerful impact of alumni engagement in shaping a brighter future for the next generation.pastedGraphic.png