3i Africa Summit: Africa Must Move Beyond Payments - BoG Governor

Dr. Johnson Asiama, Governor of the Bank of Ghana, called for a shift in Africa's digital finance agenda at the opening of the 2026 3i Africa Summit in Accra. He urged stakeholders "to move beyond basic payment systems towards value-driven financial solutions." He stated, "The next phase of digital finance will not be defined by payments alone," and "The opportunity now lies in building the next layer of value."

The three-day summit, running from May 6 to 8, brought together policymakers, central bank governors, fintech leaders and investors. Dr. Asiama cited World Bank data, noting that about 49% of adults in sub-Saharan Africa now have access to digital financial accounts. He described this as significant progress. He outlined digital credit, embedded finance, supply chain finance and cross-border services as critical to deepening inclusion. He explained that these innovations are essential to meeting the needs of small businesses, women, young people and the informal sector.

The Bank of Ghana is advancing new frameworks, including guidelines for digital credit, open banking initiatives, and measures to support cross-border fintech activity. Dr. Asiama stressed the need for stronger digital identity systems and improved coordination among institutions. He urged stakeholders to work together to unlock the full potential of digital finance.