The Head of FinTech and Innovation at the Bank of Ghana (BoG), Kwame Oppong, has anticipates that the upcoming 3i Summit will elevate Ghana as a prime hub for fintech investments across Africa.
Speaking at the Ghana Fintech and Payments Association Awards event in Accra, Oppong emphasized the potential of the 3i Summit to draw significant investment to Ghana, thanks to the anticipated presence of global fintech leaders.
The Fintech Awards event not only acknowledges the accomplishments of outstanding fintech and payments companies but also serves as a platform for industry stakeholders to convene and strategize on enhancing the sector’s growth.
With Ghana emerging as a favorable landscape for fintech, boasting over 70 such enterprises, Oppong believes the 3i Summit will serve as a catalyst for policy discussions, entrepreneurial ventures, and networking opportunities within the industry.
Oppong called upon banks and fintech firms to collaborate in organizing and supporting the summit, stressing that collective participation is key to its success.
Highlighting the pivotal role of fintech companies in advancing Ghana’s financial inclusivity, Oppong noted a significant rise in the country’s financial inclusion index from 58% in 2017 to 68% in 2021.
The 3i Africa Summit, a collaborative effort between the Bank of Ghana, the Monetary Authority of Singapore, Development Bank Ghana, and Elevandi, aims to drive innovation, investment, and impact in Africa’s fintech and financial services sectors.
Scheduled for May 13 to May 15, 2024, at the Accra International Conference Centre, the summit promises to be a pivotal event for the fintech ecosystem in Africa.
Nana Hemaa Ama Anim, Vice President for Women in Fintech, hailed the awards as a source of inspiration, fostering creativity, partnerships, and progress not only within fintech but across the entire financial sector.
“I therefore extend an invitation to all banks and fintech companies to fully participate in diverse ways to organise this summit. Together, we can make the summit a success for all of us in the industry. The summit is for all of us to participate, so let us come on board and work together,” he said.
She said the, “Women in FinTech” programme aimed at closing the gender disparity, empowering women, and supporting the creation of fintech companies led by women.