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TiC named brand ambassador for UK-based OA Pay
An Africa-first money remittance platform based in the United Kingdom OA Pay, announces Ghanaian music icon, TiC as their brand ambassador.
OA Pay (registered trademark of One Africa Technologies Ltd), prides itself as an authentic home-grown remittance platform regulated by the Financial Conduct Authority (FCA) in the UK.
The collaboration will enable the Ghanaian music powerhouse become the face of the business, spearheading campaigns, execute informative initiatives, and other activities of OA Pay.
TiC expressed his excitement on the collaboration and conveys that he is delighted to be a part of OA Pay’s growth journey, taking into account the achievement and the impact he has made through his music career in Ghana, Nigeria the UK, the US, and other parts of the world.
Adding further, TiC states that this opportunity provides a platform for him to facilitate connections between Ghanaians residing both at home and abroad with a service that is developed by Africans, for Africans. OA Pay simply understands and resonates with the African settings and narrative.
“Getting access to an efficient remittance platform has become crucial in this digital age, therefore the need for a fast, convenient, reliable and easy approach to how people can send and receive money with the best rates in the market,” as stated by TiC.
TiC encourages families in Ghana, Nigeria, the UK and the US to use the app and urge their families to get involved because it is reliable, “Using the platform comes with some bonuses among others which benefits the users, besides the seamless service from OA Pay”
According to TiC, he used the platform multiple times in the UK and attests the platform has been built in addressing the gap in money remittance services and fostering financial inclusivity. Adding further, TiC claims that the platform’s features and vision makes him thrilled to partner and represent OA Pay.
Mrs. Tracey Abiola, the CEO of OA Pay, also shared her excitement in having TiC partner with his extensive and genuine experiences in Africa.
The CEO further mentioned that TiC’s brand is highly regarded and respected in Ghana and internationally, and his acceptance of their offer demonstrates the valuable contribution he brings to the table.
OA Pay is a money remittance platform with absolutely no hidden fees or commissions, offering the highest transfer rates and with transfers communicated via real-time alerts, without any middlemen; and the best of all, you can use the app while on holiday in Africa for payment of your goods and services.
The company also actively participates in supporting social causes and welfare of the local communities in the continent.
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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
