Ghana positioned as Africa’s Financial gateway — BoG Governor

The Governor of the Bank of Ghana, Dr Johnson Asiama, has described Ghana as a key gateway to Africa in terms of financial stability, safety, and economic growth.

He said this position has been strengthened by timely policy interventions and effective regulatory measures implemented over the past year.

Speaking in his concluding remarks at the 3i Africa Summit in Accra on Friday, May 8, Dr Asiama highlighted improvements in key macroeconomic indicators, noting that the Ghana cedi has remained relatively stable and has appreciated against major international currencies.

He also pointed to a significant decline in inflation, which stood at 3.4% in April 2026 — one of the lowest levels recorded since the introduction of inflation targeting. He added that annual GDP growth reached 6.0% in 2025.

Dr Asiama further outlined several regulatory and institutional reforms undertaken by the Bank of Ghana, including amendments to strengthen the central bank’s independence and accountability.

He also referenced the passage of the Virtual Asset Service Providers Act, 2025 (Act 1154), which provides a legal framework for digital finance and virtual assets. In addition, he noted the issuance of directives regulating digital credit providers and amendments to cybersecurity regulations aimed at strengthening financial system resilience.

“These measures have contributed to safeguarding trust and confidence in the financial ecosystem,” he said.

Touching on the summit, Dr Asiama expressed appreciation to participants, including regulators, policymakers, fintech companies, investors, start-ups, government officials, development partners, and students.

He said their contributions enriched discussions at the forum, which was co-hosted by the Bank of Ghana in partnership with Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) and the Global Finance & Technology Network (GFTN).

This year’s summit was held under the theme “The Next Frontier: Shaping Africa’s Integrated Fintech Future,” building on previous editions focused on unlocking Africa’s fintech potential in 2024 and advancing a unified market approach in 2025.

Dr Asiama noted that the 2026 edition placed emphasis on structured implementation of Africa’s digital financial transformation agenda through technology adoption, regulatory strengthening, and deeper institutional collaboration.

He stressed that while discussions at the summit had been productive, there was now a need for coordinated action to translate ideas into concrete outcomes that would drive Africa’s financial future.