Africa No Longer on the Sidelines of Global Finance, Declares Bank of Ghana Governor

Accra: Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has declared that Africa is no longer a passive observer in the global financial revolution but is actively shaping the future of digital finance and financial innovation.

According to Ghana Web, Dr Asiama delivered the closing keynote address at the 3i Africa Summit 2026 in Accra, emphasizing that the continent is entering 'the rebirth of Africa's digital and financial ecosystem.' He highlighted that Africa is not only observing but actively shaping the global financial revolution. The summit, themed "The Next Frontier: Shaping Africa's Integrated Fintech Future," gathered regulators, policymakers, fintech founders, investors, development partners, and students from across the continent and beyond.

Dr Asiama noted that discussions throughout the three-day summit underscored the need for coordinated action to transform dialogue into tangible outcomes, accelerating innovation, deepening continental trade integration, and strengthening financial inclusion. He described the discussions as a collective step towards the rebirth of Africa's digital and financial ecosystem.

Highlighting Ghana's recent achievements, Dr Asiama pointed out the stability of the Ghana cedi, a drop in inflation to 3.4 percent in April 2026, and a GDP growth rate of 6.0 percent in 2025. He also mentioned significant regulatory milestones, such as amendments to the Bank of Ghana Act, the passage of the Virtual Asset Service Providers Act, and strengthened cybersecurity regulations, which have helped maintain trust and confidence in the financial ecosystem.

The Governor announced initiatives to accelerate fintech development in Ghana and Africa, including establishing an Innovation Hub, a legal framework for fintech regulation, a Continental FinTech Sandbox, and the National FinTech Inclusion Programme. He urged African regulators to continue harmonising financial systems and encouraged investors to engage with Africa's opportunities, calling for patient capital and enduring partnerships.

Dr Asiama concluded by urging stakeholders to carry the outcomes of the summit into central banks, ministries, and boardrooms across the continent, emphasizing the importance of consumer trust as a strategic asset.