Dr. Johnson Asiama
The Governor of the Bank of Ghana, Dr. Johnson Asiama, says fintech will help provide financial access to residents in remote communities, promoting cross-border digital payments across the continent.
Dr. Asiama made this statement while addressing participants at the 3i Africa Summit 2025, on the theme “One Africa, One Market: Driving Innovation, Investment, and Impact for a Connected Future”. He emphasized that fintech would reduce trade frictions and improve regional commerce.
He said, “Across the continent, the signs of progress are encouraging. Fintech is bridging access gaps, particularly for underserved and remote communities. Cross-border digital payments are gaining traction, promising to ease trade frictions.”
He added that scaling fintech would also deepen financial inclusion and intra-African trade, aligning with the AfCFTA initiative.
Dr. Asiama also mentioned that the central bank remains firmly committed to this agenda, collaborating with the Pan-African Payment and Settlement System (PAPSS).
The 2025 3i Africa Summit is focused on “One Africa, One Market,” aiming to drive innovation, investment, and impact in digital finance and cross-border financial innovation. The Bank of Ghana has also partnered with other institutions for this summit.
According to the governor, the gains are being reinforced by modern regulatory approaches, pilot programs, innovation offices, and public infrastructure frameworks designed to promote inclusive finance and enhance small and medium-sized enterprise (SME) participation.
“I urge us to be ambitious, pragmatic, and united in purpose. Let us focus not only on what is possible but on what is essential, and commit to building a connected African financial ecosystem by 2030,” he stated.
The 3i Africa Summit 2025, organized by the Bank of Ghana, started on May 14 and will run until May 16 in Accra. It is built on three pivotal pillars: innovation, impact, and investment, aimed at driving fintech growth, promoting transformative dialogues, and unlocking Africa’s potential in digital finance.
By Ebenezer K. Amponsah