“I want to build young people who are better than me.” It is not a statement you expect from someone who built one of Ghana’s most successful financial institutions from the ground up. But for Capt. Prince Kofi Amoabeng (Rtd.), founder of UT Bank, author, and now the driving force behind the PK Amoabeng Leadership Foundation, it is the clearest expression of where his ambitions now lie not in rebuilding what he lost, but in multiplying what he learned. 

On Thursday, August 27, Capt. Amoabeng brought that conviction to Hubtel’s offices in Accra for a leadership engagement that ended with Hubtel committing GH₵200,000 to the Foundation and both organisations exploring a deeper partnership in entrepreneurship, innovation and youth leadership development in Ghana. 

The visit brought Capt. Amoabeng together with Hubtel’s leadership, including CEO Alex Bram, General Manager Ernest Appenteng, Head of Brand and User Experience Nana Owusu-Marfo, and members of the Hubtel team. 

From the Collapse of UT Bank to a New Purpose: The PK Amoabeng Leadership Foundation 

What do you do when the thing you spent years building comes to an end? 

For Capt. Amoabeng, the answer was not to simply rebuild what was lost. It was to use what he had learned to build something new. 

Reflecting on the collapse of UT Bank during Ghana’s banking sector cleanup in 2017, Capt. Amoabeng shared how the experience led him to writing and eventually to establishing the PK Amoabeng Leadership Foundation. His philosophy is captured in his own words: “I want to bounce forward, not bounce back.” 

The Foundation’s vision is to revolutionise the mindset of the African leader, with a mission to deliver strategic and transformational leadership programmes that develop ethical, innovative and patriotic leaders for Ghana and Africa. 

Through its flagship PK Amoabeng Scholars Programme, the Foundation provides young people with mentorship, leadership workshops, military-style training, job shadowing, entrepreneurship development and access to experienced leaders. 

Its impact is already significant. Forty scholars have graduated from its first two cohorts; a third cohort is currently in progress, and a fourth is being recruited. More than 5,000 students across five schools have also been reached through the Foundation’s wider engagements across Ghana. 

For Capt. Amoabeng, the ambition is to multiply that impact far beyond what he has done alone. “I want to build young people who are better than me,” he said. “If I can create 10, 50, 100 more of myself, we can have 10, 50, 100 UT stories.” 

How Capt. Amoabeng’s Leadership Lessons Helped Shape Hubtel CEO Alex Bram 

The visit also brought to the surface a connection that predates the formal engagement. 

Capt. Amoabeng and Hubtel CEO Alex Bram first interacted in 2017, when Capt. Amoabeng shared some of his experience and leadership lessons with Alex. That conversation, Alex shared, became useful in his own approach to managing and growing Hubtel, creating a direct link between Capt. Amoabeng’s experience and part of Hubtel’s own growth story in Ghana’s fintech sector. 

It was a fitting reflection of the very principle behind the Foundation: that knowledge gained through experience becomes more valuable when it is passed on. 

Hubtel Commits GH₵200,000 to the PK Amoabeng Leadership Foundation 

As a tangible expression of its commitment to youth and leadership development in Ghana, Hubtel supported the PK Amoabeng Leadership Foundation with GH₵200,000 towards its ongoing programmes. 

The contribution aligns with Hubtel’s broader responsibility as a Ghanaian technology company, one that serves millions of businesses and individuals, to invest in the people and institutions that will shape the country’s future. 

Capt. Amoabeng also shared a principle that has guided his thinking about service: when helping people, think about how to save them time and make them feel good. It is a simple idea, but one that connected naturally with Hubtel’s own focus on using technology to make every day experiences simpler for people and businesses across Ghana. 

Technology, AI and What a Hubtel–Foundation Partnership Could Look Like 

The discussion also touched on the role of technology in creating opportunities for Ghana’s next generation of leaders. 

Hubtel shared its work through the Hubtel AI Lab, which explores practical applications of artificial intelligence and machine learning. This opened conversations around how emerging technology could intersect with leadership development, equipping young Ghanaians not just with business and leadership skills but with the digital literacy to operate in an AI-driven economy. 

The two organisations also explored the possibility of Hubtel contributing employee time to the Foundation through its 1% employee-time commitment, potentially bringing professional skills, mentorship and hands-on experience directly into the Foundation’s scholar programmes. 

The visit ended with a shared interest in exploring what can happen when experience, technology and people come together in service of Ghana’s development. 

For Capt. Amoabeng, the journey has moved from building a financial institution, through experiencing its collapse, to investing what he learned in the people who will build what comes next. And perhaps that is the real meaning behind his ambition: not to build another version of himself, but to build people who can become better than him. 

About Hubtel 

Hubtel is a Ghanaian technology company founded in 2005 and headquartered in Accra, Ghana. The company provides payment processing solutions for merchants, including in-store and online payments, transaction tracking, and revenue growth tools. Hubtel serves businesses and institutions across sectors including retail, education, healthcare, and the public sector. Its consumer services span payments, bills, and food delivery. Hubtel also operates an AI Lab focused on exploring and developing practical applications of artificial intelligence and machine learning in Ghana. 

Ghana’s leading fintech and digital payments company, Hubtel, is lending its support to Mobile Money Fintech Limited (MMFL) to discover, develop and accelerate the growth of the next generation of fintech innovators in Ghana.  

Hubtel will be the Official Technology Partner of the 2026 MoMo Fintech Lab, a national initiative designed to give fintech innovators a major boost. 

The programme was officially launched on 12 August 2026 at the Accra Marriott Hotel with four senior executives of Hubtel; Nana Owusu-Marfo, Head of Brand and User Experience; Francis Wilson, Head of Infrastructure and Payments; Patrick Asare-Frimpong, Head of Product Management; and Augustine Gyawu Adjei, Head of Engineering, in attendance along with other industry leaders, innovators, technology companies and other stakeholders. 

The three-month MoMo Fintech Lab will provide emerging fintech talent with opportunities to develop their ideas through hackathons, mentorship and incubation support, culminating in a national Demo Day.

The programme will run across three zones, Accra, Kumasi and Tamale, with a focus on creating opportunities for innovators both within and beyond the capital. 

As Official Technology Partner, Hubtel will bring its experience in payments, technology and product development to a programme focused on turning promising ideas into practical solutions for Ghana’s digital economy.  a

“Ghana has never been short of good fintech ideas. What has been missing is the route from an idea to something that works at scale, and that route is easier to walk when someone who has already walked it is standing beside you. That is what we are offering the innovators in this programme,” said Nana Owusu-Marfo, Head of Brand and User Experience at Hubtel. 

The launch was attended by the Minister for Communication, Digital Technology and Innovation, Samuel Nartey George, who highlighted the importance of developing homegrown financial technology solutions and called on investors and industry stakeholders to remain engaged with emerging ventures beyond the programme’s final Demo Day. 

“You can’t be treating tech startups the way you treat an industrial business,” he said, arguing that technology businesses need patient capital. 

Speaking at the launch, MMFL Chief Executive Officer Shaibu Haruna described the MoMo Fintech Lab as a long-term commitment to developing Ghana’s fintech ecosystem an ambition Hubtel shares. 

“For us to build an inclusive digital economy, we need everybody and every talent to come on board,” he said.  

READ ALSO: Hubtel Empowers Next Generation Through AI Education Partnership with Brainwave AfricaTech 

Building Ghana’s fintech future together 

Hubtel’s support of the MoMo Fintech Lab is in furtherance of its commitment to the Ghana fintech and technology space and its belief that the country’s digital economy will be shaped as much by collaboration between established digital companies as it will be by innovators. 

By sharing its experience and expertise with emerging innovators, Hubtel hopes to help create an environment where promising fintech ideas can move beyond concepts and develop into solutions that address real challenges and create meaningful value for businesses and consumers. 

About Hubtel 

Hubtel is a Ghanaian technology company founded in 2005 and headquartered in Accra. The company provides payment processing solutions for merchants, including in-store and online payments, transaction tracking, and revenue growth. 

Hubtel serves businesses and institutions across sectors including retail, education, healthcare, and the public sector. Its consumer services also span payments, bills, and food delivery.