BoG urges investors to seize Africa’s fintech opportunity now

Bank of Ghana Governor Dr. Johnson Pandit Asiama has urged global investors to seize emerging opportunities within Africa’s rapidly expanding fintech sector.

Delivering the closing keynote address at the 2026 3i Africa Summit in Accra, Dr. Asiama said Africa was no longer “observing the global financial revolution from the sidelines” but actively shaping it through innovation, policy reforms and digital transformation.

The Governor stressed that investors must move quickly to support the continent’s growing digital financial ecosystem with long-term partnerships and sustainable capital.

“To our esteemed investor partners, the moment to engage the African opportunity is now,” he stated.

“We seek capital that is patient, with partnerships that are enduring, to share our value,” Dr. Asiama added while addressing policymakers, fintech founders, regulators and investors gathered at the summit.

The summit, held under the theme “The Next Frontier: Shaping Africa’s Integrated Fintech Future,” focused on strengthening Africa’s digital financial systems through technology adoption, regulatory reforms and cross-border collaboration.

Dr. Asiama said discussions during the three-day summit pointed toward what he described as “a rebirth of Africa’s digital and financial ecosystem.”

According to him, the continent’s youthful and dynamic digital ecosystem presents significant opportunities for economic growth despite existing challenges.

“A rebirth signifies renewal and growth,” he noted.

“These attributes are evident in the youthful and dynamic nature of Africa’s digital financial ecosystem, its agility, its expanding opportunities, and its immense potential,” the Governor said.

Highlighting Ghana’s recent economic performance, Dr. Asiama said the cedi had remained stable and appreciated against major foreign currencies over the past year, while inflation dropped to 3.4 percent in April 2026.

He also pointed to Ghana’s six percent GDP growth in 2025 and recent regulatory reforms, including the passage of the Virtual Asset Service Providers Act, 2025, aimed at supporting digital finance innovation while protecting consumers.

The Bank of Ghana Governor announced plans to establish an innovation hub to incubate fintech ideas, develop a separate legal framework for fintech regulation, launch a Continental FinTech Sandbox and operationalise a National FinTech Inclusion Programme.

Dr. Asiama further encouraged fintech founders to prioritise governance and consumer trust alongside expansion.

“Treat consumer trust as the strategic asset it truly is,” he advised.