Anderson’s presence at the summit signaled the growing influence of private sector players
Ghanaian fintech entrepreneur and CEO of Mybitstore, Benjamin Anderson, has represented the country at a historic African Union (AU) summit in Lusaka, Zambia, where African leaders and experts adopted a new Strategy on Digital Assets and Cryptocurrency Governance.
The three-day summit, held from June 18–20, 2025, marks the AU’s most significant step yet toward shaping a continental approach to cryptocurrency regulation and digital finance.
The newly adopted strategy aims to guide African governments in managing digital assets safely and responsibly, while supporting innovation and inclusion in the growing crypto space.
Participants at the summit included AU officials, national government representatives, academics, and blockchain industry leaders. Egypt’s Associate Minister of Finance for Policies and Economic Affairs Finance Minister, Dr, Mohammed Ibrahim Abdu, led his country’s delegation, with Zambia’s presidential office also playing a key hosting role.
Also present were leading experts such as Professor Jonathan Aremu of the ECOWAS Common Investment Market and Ms. Ron Osman, Mr. Islam Swaleh, Professor Charles Linjap, Dr. Kopulande Sebastian, Professor Khaled Dabees, Milcah Municak Munoko, and Professor Timamy, who delivered technical modules on regulation, digital infrastructure, and risk mitigation.
The discussions covered a range of pressing issues: from cryptocurrency’s role in payments and investment, to creating policies that align with the African Continental Free Trade Area (AfCFTA), and exploring how digital assets could help deliver social services through tools like Central Bank Digital Currencies (CBDCs).
According to Benjamin Anderson, “In Africa, because we see innovation as risk, we end up frustrating innovative projects,”.
“The AU must create more opportunities for dialogue and experimentation in the crypto space.” he added.
The summit also examined proposals to establish an African Cryptocurrency Reserve, which could support local currencies and promote regional stability.
With the AU’s endorsement of the new digital assets strategy, attention now turns to individual countries, including Ghana, to adopt and tailor the framework to suit their local realities.
This could mean new opportunities for fintech companies, startups, and young entrepreneurs across the continent.
As one of the rising voices in Ghana’s crypto scene, Anderson’s presence at the summit not only raised the country’s profile but also signaled the growing influence of private sector players in shaping Africa’s digital financial future.