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The digital landscape across West Africa is experiencing rapid growth, driven by innovative tech companies eager to expand beyond their national borders. Ghana, recognized for its burgeoning technology scene, is increasingly looking outward, with several firms eyeing opportunities in neighboring Côte d’Ivoire.

A recent trade mission organized by the Netherlands Trust Fund V (NTF V) Ghana Tech project has played a pivotal role in transforming ambitions into actionable regional expansion strategies, providing Ghanaian tech companies a platform to explore, collaborate and establish a foothold in the Ivorian market.

Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has officially launched its newly established online Collateral Registry System developed by the leading Ghanaian software company, Bsystems.

The live activation of the Collateral Registry System by the central bank of Zimbabwe forms part of the bank’s move to improve the ease of doing business in the country through disclosing information by borrowers/debtors aimed at encouraging micro-credit growth and enhanced credit risk management in the microfinance sector.

The extension of the web-based collateral registry software solution by Bsystems Collateral Registry System in the East African country of Uganda has been launched.

Speaking during the official launch of the registry software platform at the State House Entebbe last week, Ugandan President, Yoweri Kabuta Museveni applauded the introduction of the Bsystems Collateral Registry System now known as the Security Interest in Movable Property Registry System (SIMPO) in Uganda.

According to him, the use of the online registry platform will enable Ugandans to use their moveable assets as collateral to borrow money for their businesses from financial institutions.

Africa’s most populous nation, Nigeria, joins three African countries including Ghana, Liberia and Malawi to become the fourth country to roll onto the Collateral Registry System developed by Ghanaian technology solution firm Bsystems.