The digital finance sector in Africa needs to advance beyond simple payment methods – BoG Governor

by Mawuli
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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has suggested that Africa’s digital finance industry must move beyond basic payment systems into more sophisticated financial solutions such as digital credit, embedded finance, supply chain finance and cross-border financial services.

Speaking at the 2026 edition of the 3i Africa Summit, Dr. Asiama said the continent has reached a turning point where the focus should no longer be limited to access to financial services, but rather the development of scalable, inclusive and innovation-driven financial ecosystems.

Source: newsthemegh.com

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