Governor of the Bank of Ghana, Dr Johnson Pandit Asiama has announced a series of initiatives aimed at accelerating fintech innovation and strengthening Africa’s digital financial ecosystem.

The initiatives include the establishment of an innovation hub, a separate legal framework for fintech regulation, a Continental FinTech Sandbox, and the operationalisation of a National FinTech Inclusion Programme.

Dr Asiama announced the measures at the closing ceremony of the 3i Africa Summit 2026 held in Accra.

Africa no longer on the sidelines of global finance - BoG Governor

He said the initiatives form part of efforts to create a more resilient, integrated, and innovation-driven financial ecosystem across Africa.

According to him, the summit demonstrated growing confidence in Africa’s fintech industry and the continent’s capacity to shape the future of global finance.

The Governor said discussions at the summit underscored the importance of balancing innovation with effective regulation to protect consumers and sustain trust in the financial system.

He noted that Ghana had already strengthened its regulatory environment through the passage of the Virtual Asset Service Providers Act, 2025, and new directives on digital credit services and cybersecurity.

Dr Asiama said digital public infrastructure, including payment systems, digital identity, and open banking, remains critical to Africa’s financial transformation agenda.

He disclosed that mobile money transactions in Ghana reached GH¢4.5 trillion in 2025, while registered mobile money accounts exceeded 80 million.

The Governor said the integration of payment rails and financial infrastructure across African countries could significantly boost trade and financial inclusion.

He commended participants, including policymakers, investors, fintech firms, and regulators, for contributing to discussions on the future of Africa’s integrated fintech ecosystem.

Dr Asiama said the Capital Meets Policy Dialogue at the summit created a platform for governors, ministers, regulators, and investors to address key issues affecting Africa’s digital economy.

He stressed that Africa’s future growth will depend on agile financial systems built on trust, innovation, and strong regulatory frameworks.

The Governor encouraged fintech founders to invest in governance and engage regulators early to ensure sustainable growth.

He also highlighted the importance of developing talent, particularly through initiatives such as the Women in Tech leadership platform and youth-focused innovation programmes.

Dr Asiama urged African countries to continue collaborating on the harmonisation of financial regulations and cross-border payment systems to unlock the continent’s economic potential.