Women In Forex TradinGhana to Organize Digital Finance Training Program

Two public universities and a private university have been selected as beneficiaries for a free digital finance training programme this year under the Elevate Ghana Forex Project.

The benefitting schools are the University of Ghana (UG), University of Cape Coast (UCC)  and Valley View University.

The programme will train 1,000 youth in digital finance from the above-mentioned institutions and three other regions.

This programme is an initiative of Women in Forex Trading Ghana. They aim to introduce forex to students, equip them with basic skills and help develop an interest in the forex market, which they can use as a part-time job whiles studying their various courses.

The Founder of the Women in Forex Trading Ghana, Ms Gifty Annor Sika, made this known at a charity ball and dinner held in Accra last Sunday.

The training programme was announced at a charity ball and dinner, organised by Forex Ghana in collaboration with LolyFx and Blooming Trading Limited in Accra.

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The Founder of Women in Forex Trading Ghana, Ms Gifty Annor Sika, made the announcement and said digital finance is a complex space and requires some level of education and intelligence to get around it.

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Due to this, she deemed it fit that tertiary students be involved because they can understand the process and trade faster.

She also said the Elevate Project had an objective of training more than 1,000 youth across the country so they have selected three universities and three regions – Volta, Eastern and Northern, as the beneficiaries.

“The project’s main objectives are aligned with the Sustainable Development Goals (SDGs) and this year as we seek to reduce the inequality gap, we are training 1,000 youth across three regions and three universities as well as some national service personnel. Basically, our idea is to teach, create value and give back to charity,” she said.

“The forex market is very liquid and is currently the most liquid financial sector in the world. Last year, it had $1.26 quadrillion revenue and in daily volumes, it had $1.6 trillion. If the whole of Ghana decides to trade in the digital market, all things being equal everyone will earn $2,000 daily, she said.

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“This is how much liquid the trade is and it is an advantage for the unemployed graduates. Sometimes, people come into this space and because they want quick money, they do not learn the trade well and end up losing their money to fraudsters and then complain that digital finance is a scam.”

The guest of honour for the program, Sheron Palacio, Mayor of Capital Garden City of Belmopan Belize in Central America, commended the organiser for their support for the women.

She said she was also excited to see Accra appoint a female mayor for the first time.

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