The technological revolution in the Finance sector across the world has caught on rapidly and is projected at a larger growth in the coming years. Though initial reception in Africa may have been slow, the years after the global meltdown saw a rapid rise in the creation and use of Fintech products. For a long time, insurance companies in Africa and the world as a whole faced several hindrances in running their businesses and prevalent of these were premium payments. These companies thrive on regular premiums paid by policyholders. Therefore, any safe option that makes payment of these premiums stress-free, fast and straightforward is welcome. It is no wonder these companies in Africa have openly embraced Fintech in the form of mobile applications and websites which allow policyholders to pay through diverse platforms, access their accounts, make inquiries and requests among other exciting choices.
Technology is dynamic and that dynamism is transforming the world. From the inception and use of internet to the application of artificially intelligent software, the stress of our traditional lifestyle is becoming a thing of the past. In Africa, education is being used as a tool to teach and drive an increase in the use of technology. One worthy institution pushing this initiative in Ghana is the DreamOval Foundation. With the implantation of specially designed programmes such as iTeach, Hackathon, African Code Week (ACW), and sponsorship of hackathons such as the Ashesi Code Fair, we can rightfully say they are on course.
In the four years since the London 2012 Olympic Games, technology has continued to transform everyday life at a breathtaking pace. At Rio 2016, Olympians and the Game Organisers have harnessed technology innovations to enhance their performance and make the spectator experience more exciting than ever before.