Startup Grind is the largest independent startup community, actively educating, inspiring, and connecting more than 2,000,000 entrepreneurs in over 600 chapters. They nurture startup ecosystems in 125+ countries through events, media, and partnerships with organizations like Google for Startups. The association held an event on Digital Payment at the Gambia chamber of commerce Industry (GCCI) complex to encourage the use of digital payment in Gambian businesses. The aim of the event was to promote the need and use of technology and digital payment by Gambian businesses/people. The Gambia needs to go digital the speakers emphasized. In collaboration with the Information Technology Association of the Gambia (ITAG) the event was sponsored by the Youth Empowerment Project (YEP). Key stakeholders and partners also joined in the coordination and supported the success of the event. Speakers from UNDP – Edwin Mensah, Q-cell Group Head of Q-money Financial Services – Sira Ndow and, Gam Switch - Bernard Gomez made some remarks and entreated both the public and private institutions to use technology to grow their business. They added that the use of digital payments can ease the burden and leverage the lapses.
Participants highlighted the challenges currently faced by entrepreneurs and startups in the digital payment space. They highlighted the need for the Central Bank to put supportive policies in place to ensure that the environment needed is created to support to growth of such ventures. The representative of the UNCDF, Edwin Mensah intimated they are currently working with the CBG to put these policies in place and in subsequent phases of the project ensure inclusiveness or key stakeholders during implementation.
On the other hand, two startups did a presentation in front of the speakers who also served as business advisors. The presentation was centered on brief introduction about their businesses and how they plan to grow using technology and digital payment services.
The platform encouraged networking, knowledge-sharing etc. The participants realized the importance of the event and want to make good use of technology/digital payments services in their businesses.