Accra, Ghana//-The Bank of Ghana (BoG) today announced that it is positioning Ghana to become a regional hub for responsible and inclusive digital finance.
According to the Bank, they are working hard towards achieving this agenda soon.
The Second Deputy Governor of the Bank of Ghana, Mrs Matilda Asante-Asiedu, disclosed this at this year’s Fintech Stakeholder Forum organised by MobileMoney LTD (MML) in Accra on Wednesday, 15 October 2025.
“Our ambition as a central bank is to make Ghana a regional hub, not only for just for digital finance, but for a responsible digital finance”, she told the stakeholders at the forum.
Mrs Asante-Asiedu continued: “We envision a future where a Ghanaian entrepreneur can continue to access credit from multiple platforms, trade seamlessly across borders, and build a digital identity that is secured and globally recognised”.
She was quick to say that a new directive on digital credit service provision came into effect last month, enforcing clear disclosure standards, governance rules, and ethical lending practices.
Mrs Asante-Asiedu added that the Bank, through its Fintech Innovation Office, is also working with the Securities and Exchange Commission (SEC) and the Financial Intelligence Centre (FIC) to launch a virtual Assets providers’ Licensing regime.
“As a central bank, we are building regulatory capacity and agility to supervise effectively. We are strengthening innovation and digital capacities to bring our regulatory systems in sync with the market”.
She also noted that the BoG is implementing a new regulatory framework to strengthen consumer protection, ensure ethical lending practices, and promote innovation within the country’s growing financial technology (Fintech) industry.
Mrs Asante-Asiedu indicated that the Bank has already taken significant steps to align financial regulation with innovation, which is critical for the emerging digital economy.
Touching on the phenomenal growth of fintech, Mrs Asante-Asiedu noted that mobile money transactions in Ghana continue to record strong growth, reflecting the country’s rapid shift toward a digital financial ecosystem.
She predicted that the global fintech market would reach $400 billion by 2028, explained that fintech is an important element for financial inclusion and digital transformation.
“The global Fintech market is projected to reach $400 billion by 2028. With digital lending alone surpassing $1.3 trillion,” she said.
She observed that innovations in mobile money and digital lending continue to reshape how Ghanaians transact and access financial services.
Mrs Asante-Asiedu who was the guest speaker of the forum emphasised that the fintech revolution is not only transforming economies but also changing financial culture.
“This transformation is not just numerical but also cultural,” she stated.
She therefore called for continued collaboration among regulators, innovators, and service providers to sustain the sector’s growth in the country.
In his welcome address, the Chief Executive Officer of MobileMoney LTD, Shaibu Haruna said: “As Ghana’s fintech economy evolves, it has become very necessary and very important for us to ensure that policy-makers, regulators, and industry leaders connect with innovation”.
This according to him would enable them to share ideas on how to shape the future of their industry to build sustainable and inclusive digital financial space in the country.
The forum was also used to present research findings on fintech by IMAN Africa and the Institute of Statistical Social and Economic Research (ISSER), a semi-autonomous institute within the College of Humanities at the University of Ghana.
