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Home»Business»Sam George, BoG Governor Back Fintech as Engine of Ghana’s Digital Economy
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Sam George, BoG Governor Back Fintech as Engine of Ghana’s Digital Economy

Ghana NewsBy Ghana NewsMarch 24, 2026No Comments2 Mins Read
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Fintech
Fintech

Ghana’s Minister for Communications, Digital Technology and Innovations, Samuel Nartey George, and Bank of Ghana (BoG) Governor Dr Johnson P. Asiama on Tuesday jointly signalled the government’s determination to position fintech at the heart of the country’s economic transformation agenda, speaking at the press launch of the 2026 3i Africa Summit in Accra.

Sam George said the Mahama administration had moved away from fragmented digital programmes toward a coordinated national framework underpinned by the Data Harmonisation Bill, broader affordable connectivity investments, and strengthened digital public infrastructure. He described fintech as a practical vehicle for inclusion, not an end in itself.

“Under the leadership of President John Dramani Mahama, Ghana’s digital transformation agenda is anchored on a people-centred approach where technology translates into tangible improvements in livelihoods,” he said. He added that upcoming reforms to the SIM registration framework would modernise digital identity systems and improve credit assessment within the digital lending space.

Dr Asiama used his keynote address to call for coordinated action across the continent, warning that no single country can build a transformative digital financial system in isolation. “Technology is fundamentally reshaping how value is created, transferred, and regulated. The decisions we take now will determine whether these changes become merely disruptive or truly developmental,” he said. He called specifically for interoperable payment systems, trusted digital infrastructure, and coherent regulatory frameworks across African markets.

The 3i Africa Summit 2026, themed “Shaping Africa’s Integrated Fintech Future,” is scheduled for May 6 to 8 in Accra. It is organised by the Bank of Ghana and Development Bank Ghana (DBG) in partnership with Elevandi, a subsidiary of the Monetary Authority of Singapore (MAS), and the Global Finance and Technology Network (GFTN). The summit is expected to convene heads of state, central bank governors, investors and innovators to chart the direction of Africa’s digital financial architecture, and will feature a Digital Village showcasing Made-in-Ghana digital vendors operating exclusively through digital payment channels.

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