Governor of the Bank of Ghana, Johnson Pandit Asiama, has called on digital finance institutions across Africa to strengthen collaboration and build a more resilient fintech ecosystem capable of delivering meaningful economic impact.

Delivering the keynote address at the opening of the 3i Africa Summit 2026 held at the Destiny Arena on May 6, 2026, Dr. Asiama underscored the growing importance of digital finance in transforming economies across the continent.

According to the Governor, Fintech institutions must move beyond simply increasing access to financial services and focus instead on scalability, efficiency, and creating measurable value for users.

He noted that nearly 49 percent of adults in sub-Saharan Africa now own digital financial accounts, but stressed that the next stage of growth should prioritize the effective use and sustainability of digital financial services.

Dr. Asiama explained that the future of digital finance in Africa will extend beyond basic payment systems to include digital credit, embedded finance, supply chain finance, and cross-border financial services.

He said these innovations must particularly target women, micro, small and medium enterprises (MSMEs), and players within the informal sector to promote inclusive economic growth.

The Governor also highlighted several challenges confronting the Fintech industry, including fragmented markets, high transaction costs, and weak regulatory coordination across countries.

To address these issues, he called for stronger system interoperability and greater collaboration among regulators, financial institutions, and fintech operators across Africa.

Dr. Asiama further outlined measures being implemented by the Bank of Ghana to support the growth of digital finance, including the development of a regulatory framework for virtual assets, issuance of digital credit guidelines, advancement of open banking initiatives, and promotion of cross-border fintech operations.

The 3i Africa Summit brings together policymakers, financial institutions, technology firms, investors, and innovators to discuss strategies for driving investment, innovation, and financial inclusion across the continent.