3i Africa Summit: Ghana’s President Akufo-Addo Urges African Countries to Develop Financial Technologies to Accelerate Transformation
Ghanaian President Nana Addo Dankwa Akufo-Addo while speaking at the just concluded 3i Africa summit held in Ghana, has called on African countries to develop financial technology (fintech) and the digital economy to accelerate transformation.
Speaking on the theme “Unleashing Africa’s Fintech and Digital Economic Potential,” President Akufo-Addo emphasized the need for digital infrastructure to be the foundation of prosperity for African people. He urged nations to adopt technologies reshaping the global economy and tailor them to address the continent’s unique needs and challenges.
Akufo-Addo highlighted that a robust fintech and digital innovation landscape is essential for Africans to fully benefit from the African Continental Free Trade Area (AfCFTA).
He further noted that the AfCFTA has the potential to transform the continent’s economic landscape, and digitization and fintech are crucial to driving this transformation.
In his concluding spreads, President Akufo-Addo advocated for public-private partnerships and cross-border cooperation to create a seamless and efficient fintech ecosystem aligned with the goal of a fully integrated African economy.
“By working together, we can unlock the vast potential of our countries and create a rising tide that lifts all boats, from the smallest villages to the largest metropolises. This is achievable through embracing digital transformation,” he said.
