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The Chief Executive Officer of Mobile Money Limited, Shaibu Haruna, has underscored the need for stronger cross-industry collaboration to build an inclusive and forward-looking digital finance ecosystem in Ghana. Speaking at the 2025 FinTech Stakeholder Forum in Accra, he said Ghana’s FinTech space can only deliver meaningful value when innovation is matched with shared commitment and coordinated action among regulators, banks, FinTechs, academia, policy think tanks and other ecosystem players. The forum, themed “Harnessing Ghana’s FinTech Potential: Regulatory Framework for Digital Credit and Digital Assets,” brought together regulators, banks, fintechs, policy think tanks and academia to discuss how innovation can be balanced with consumer protection and financial inclusion. Haruna stated that the platform was designed to provide space where “collaboration, innovation and regulation meet” to shape the future of digital finance in a way that protects consumers while deepening inclusion. He noted that Ghana’s digital finance journey has reached a point where stakeholder engagements must go beyond industry insiders to incorporate perspectives from policy researchers and academia. This, he explained, is why institutions such as IMANI Africa and ISE were invited to contribute to the dialogue, offering evidence-based insights on the evolution of the regulatory landscape. Haruna highlighted that the focus on digital credit and digital assets is critical as Ghana seeks to scale responsible innovation while safeguarding the integrity of the financial system. He added that the long-term success of the ecosystem will depend on collective commitment to designing regulatory frameworks that both encourage growth and protect the public interest. He emphasised that the forum reflects Mobile Money Limited’s belief that meaningful progress comes from “engaging, listening and building together,” as Ghana continues to shape its digital financial future. Cedi hits GH¢10.80 to $1 Aligning regulation For her part, Matilda Asante-Asiedu, Second Deputy Governor of the Bank of Ghana (BoG), announced that the Central Bank will begin receiving digital credit applications from November 3, 2025, under its new Digital Credit Directive. According to the Second Deputy Governor, the Central Bank is strengthening its supervisory and digital capabilities to ensure Ghana’s financial system remains secure, inclusive, and responsive to market developments, particularly in growing fintech and digital credit space. The directive sets out ethical lending practices, clear disclosure requirements and governance standards aimed at protecting consumers and ensuring responsible digital finance. “In the near term, we intend to operationalise the digital credit directive and roll out our virtual assets licensing regime. This marks an important step toward ensuring responsible innovation that safeguards consumers and strengthens confidence in the financial system,” she said. The event, organised by Mobile Money Limited in partnership with the Institute of Statistical, Social and Economic Research (ISSER) and the IMANI Centre for Policy and Education (IMANI), featured research presentations assessing Ghana’s readiness for new digital credit and digital asset regulatory frameworks. Fiscal discipline must hold beyond 2026 – IMF cautions A panel led by Selorm Branttie (IMANI Africa), Prof. Peter Quartey (ISSER), Clara B. Arthur (GHIPSS), Ethel Cofie (EDEL Technologies), and Sylvia Otuo Acheampong (MobileMoney LTD) shared insights on strengthening collaboration, trust, data protection, and compliance across Ghana’s digital ecosystem. They highlighted the growing dominance of mobile money and digital credit, while cautioning that gaps in data protection and regulatory coordination risk undermining financial inclusion gains. As such, urged stronger inter-agency collaboration, clearer compliance standards, and accelerated policy implementation to sustain investor confidence and market growth. Watch the latest edition of BizTech below
