Develop commercially viable financial innovations – BoG to industry leaders

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Dr. Johnson Pandit Asiama, Governor of Bank of Ghana

The Bank of Ghana (BoG) has called on industry leaders and innovators to develop financial solutions that are not only commercially viable but also socially impactful and scalable across the African continent.

The governor of the Bank of Ghana, Dr Johnson Pandit Asiama, said the continent’s financial ecosystem must produce innovations that generate real economic value while improving livelihoods and expanding financial inclusion.

“For industry leaders and innovators, the opportunity is clear: to create solutions that are not only commercially viable but also socially meaningful, impactful and scalable across the continent,” he said.

Dr Asiama made the remarks at a golf invitational organised ahead of the 3i Africa Summit 2026, which brought together regulators, investors, fintech leaders and development partners.

According to him, Africa’s financial transformation will largely depend on how effectively stakeholders connect innovation, investment and impact within a stable and trusted financial ecosystem.

“Innovation is reshaping how we save, pay, borrow, invest and insure across our continent,” he noted, adding that technology is expanding access to financial services and improving efficiency within the sector.

He explained that investment remains the bridge between ideas and execution, helping to transform innovative concepts into viable enterprises and scalable platforms.

“Investment turns ideas into enterprises and technologies into platforms that can deliver measurable development outcomes,” the governor stated.

Dr Asiama further stressed that while Africa is rich in ideas, talent and opportunities, stronger collaboration between policymakers, investors and innovators is needed to unlock the continent’s full potential.

“Africa is not short of ideas, Africa is not short of talent, and Africa is not short of opportunity,” he said. “What we must build are stronger platforms for collaboration and more effective bridges between policy, enterprise and capital.”

The Bank of Ghana organised the networking event ahead of the 3i Africa Summit 2026 to help strengthen partnerships and stimulate investment conversations that will shape the future of financial innovation on the continent.

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