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Ghana to host 3i Africa Summit to rally investment in African fintechs

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The Bank of Ghana and the country’s Development Bank are spearheading the 13-15 June 3i Africa Summit, aimed at propelling the growth of indigenous fintechs.

Ernest Addison, governor of the Bank of Ghana, at the bank’s Monetary Policy Committee news conference in Accra, Ghana, on 21 March 2022.

The value of Africa’s fintech industry is projected to reach $65bn by 2030, but a lack of investment and rigid regulatory policies are holding back indigenous fintechs from reaching their full potential.

 

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