Mastercard Launches First Office in Ghana to Drive Digital Economy and Financial Inclusion
Mastercard Establishes First Office in Ghana to Accelerate Growth in West Africa
Mastercard has officially expanded its presence in West Africa by launching its first office in Ghana’s capital, Accra. The move underscores the company’s commitment to fostering financial inclusion and bolstering Ghana’s digital economy.
According to Mastercard, Ghana provides a fertile landscape for growth, thanks to its thriving sectors, including agriculture, mining, and digital infrastructure. This strategic expansion marks an important step in Mastercard’s efforts to enhance its geographical footprint across the region.
Strategic Partnerships to Drive Innovation
To complement its new office, Mastercard has partnered with key players such as Kalabash, KaiOS, Boost, Smile ID, Access Bank, and Fidelity Bank. These collaborations aim to:
- Improve cross-border payment solutions.
- Empower local fintech companies.
- Expand access to digital services for underserved communities.
Mark Elliott, Mastercard’s Division President for Africa, expressed enthusiasm for the company’s growth plans:
“Our growth strategy for West Africa is ambitious, and establishing a formal presence here allows us to better serve the specific needs of our customers. We are eager to leverage our global expertise and innovative capabilities to introduce advanced payment technologies in this market.”
Commitment to Local Development
Folasade Femi-Lawal, Mastercard’s Country Manager and Area Business Head for West Africa, emphasized the company’s focus on nurturing talent and supporting local economic growth:
“We are committed to attracting and nurturing top talent and fostering an ecosystem that aims to contribute positively to the local economy and technological advancement.”
A Future of Financial Inclusion
With the establishment of its Accra office, Mastercard is poised to play a pivotal role in Ghana’s digital transformation, driving innovation and enabling access to digital financial solutions for individuals and businesses alike.
