The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that Africa’s future lies in leveraging digital technologies.

As such, he believes that the upcoming 3i Africa Summit will steer the financial sector in adopting technology comprehensively to improve the delivery, efficiency, convenience, and inclusivity of financial services in Africa.

The Summit will take place over three days from May 13-15, 2024 in Accra, under the theme ‘From Innovation to Impact: Investing in Africa’s Financial Sector to drive Africa’s Transformation’.

Dr. Addison said the 3i Africa Summit 2024 will be a major catalyst for promotion and innovation in financial service, a reason why they encourage participation of all relevant stakeholders within the ecosystem.

“We urge all innovators, financial institutions, the media, industry players, investors, start-ups, technology players and all other stakeholders to join us make history together with this maiden summit to catapult the FinTech revolution in Africa even further”, he added.

The Governor continued that the upcoming 3i Africa Summit is designed as a platform for governments, businesses, investors, regulators, innovators, and thought leaders to discuss and collaborate on measures to unlock Africa’s full potential by harnessing the potential of FinTech.

Furthermore, he said Ghana and the world have witnessed a remarkable shift with the rapid emergence and evolution of financial digitalization and transactions, adding, the actualization of novel technologies in the payment ecosystem has revolutionised business transactions, reshaped customer behaviour, and redefined the nature of commerce.

“We have an advantage in the digitisation race as Africans. This is due to the bulging youthful population who are tech-savvy, the high mobile phone penetration, the consistent expansion of mobile network access and more importantly, the rising homegrown FinTech solutions”, he mentioned.

The Summit is premised on innovation, investment, and impact, and is being organised by the Bank of Ghana and Development Bank Ghana, in partnership with the Monetary Authority of Singapore through its subsidiary, Elevandi, organisers of the globally acclaimed Singapore Fintech Festival (SFF).  

The Summit will feature a Lab Crawl, a platform through which diverse participants can benefit from visibility for investment opportunities to both local and international investors and capital providers.

The speaker line-up includes 15 keynote speakers of eclectic and influential backgrounds, about 15 Central Bank Governors spanning five continents, three Heads of States, over 100 global investors, asset managers, Tech Executives and many more.

The plenary and break-out sessions will offer participants the opportunity to discourse and learn from over 100 speakers from across the world on current developments influencing.