The second Deputy Governor of the Bank of Ghana (BoG), Matilda Asante Asiedu, has revealed that the central bank is implementing various regulatory and digital infrastructure initiatives to enhance cross-border payments and foster inclusive economic growth throughout Africa.
She made this announcement at the 2026 Africa Prosperity Dialogue held at the Accra International Conference Centre (AICC) on Wednesday, February 4, 2026.
According to Mrs Asiedu, the BoG’s interventions aim to address persistent issues in payment interoperability, regulatory trust, and consumer protection that hinder intra-African trade.
She noted that a key initiative being developed is the FinTech Passport, a collaborative effort between the Bank of Ghana and the Bank of Rwanda, which enables cross-border licensing of fintech firms and promotes regulatory trust among participating countries.
This initiative, she suggested, could be scaled up across the continent to facilitate trade and financial integration.
“Now, at the Bank of Ghana, we are advancing key initiatives. First is our FinTech Passport, which is a transactional collaboration between the Bank of Ghana and the Bank of Rwanda to enable cross-border licensing and regulatory trust,” she stated, adding that the model has the potential to support seamless payments across African markets.
She also revealed that the bank is working on its Next Generation Digital Public Infrastructure initiative.
The initiative is currently testing multilateral interoperability frameworks, settlement modules and future cross-border currency arrangements.
The measures he noted are to help lay a strong foundation for a more integrated and resilient African payment ecosystem.
She referenced the recently passed Virtual Asset Service Providers Act, saying, “Our most recently passed Virtual Asset Service Providers Act is designed to support emerging digital channel payments while ensuring strong consumer protection and risk oversight.”
“These initiatives recognise that payment systems constitute critical national and continental infrastructure,” she said. ⁸
She stressed that the broader objective of the reforms is to promote inclusive growth and ensure that Africa’s digital and financial transformation benefits all segments of society.
By: Rainbowradioonline.com/Ghana
