The Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, stated that Africa’s rapid progress in digital and financial inclusion demands matching investments in infrastructure and skills. She believes that focusing solely on policy documents is insufficient. This call to action came during the closing session of the 3i Africa Summit 2026. Madam Asante-Asiedu highlighted the continent’s proven ability to advance in digital finance. She noted that innovation and technology adoption have allowed African nations to “leapfrog” traditional development stages.
This advancement in areas like mobile money and online banking has been significant. However, the implementation of policies aimed at supporting this growth has faced challenges. Madam Asante-Asiedu explained that numerous policy frameworks and harmonization strategies have been created. The core issue now is ensuring these plans lead to actual development on the ground. The focus must transition from discussions to building the necessary physical and human resources.
This perspective aligns with broader economic discussions in Ghana and across Africa. For years, the continent has grappled with infrastructure deficits that hinder economic potential. This delay affects trade, job creation, and overall productivity. While Ghana has seen impressive growth in fintech services, the underlying infrastructure such as reliable internet and power remains critical. Previous reports by institutions like the World Bank have consistently pointed to infrastructure gaps as a major barrier to inclusive growth in Sub-Saharan Africa. The need for consistent investment in roads, ports, and digital networks is a recurring theme in national development agendas.
Madam Asante-Asiedu’s remarks at the 3i Africa Summit 2026 underscore a growing sentiment among policymakers. She articulated that this shift is crucial for sustained progress. "We must build infrastructure and not just policy papers and harmonisation where it creates skills," she asserted. Strengthening digital ecosystems and broadening access to technology infrastructure are seen as key drivers. These actions will accelerate inclusive economic growth. The summit itself brought together central bankers, fintech leaders, and investors. They discussed Africa’s digital finance future and ways to deepen financial inclusion across the continent. The date of this significant address was within the past year, during the 2026 summit.
The implications of this statement are considerable for economic planning in Ghana. Policymakers will likely face increased pressure to prioritize tangible infrastructure projects. This could impact budget allocations and attract greater private sector investment. Investors will keenly watch the concrete steps taken to bolster infrastructure development. This is essential for companies operating in the digital finance space. The drive for greater financial inclusion needs an improved physical and technological backbone to truly succeed and create widespread economic opportunity. Future economic strategies must integrate these infrastructural needs prominently. The move away from abstract plans towards practical building is paramount.