MML Fintech Stakeholders Forum explores Ghana’s Digital Lending and Asset Regulatory Framework

Ghana’s financial technology ecosystem took a major step forward as MobileMoney Ltd (MML), a subsidiary of MTN Ghana, convened key industry leaders, regulators, and policy experts at the Fintech Stakeholders Forum in Accra. The event, themed “Harnessing Ghana’s Fintech Potential: Regulatory Framework on Digital Lending and Digital Assets,” brought together diverse voices to discuss the evolving landscape of digital finance and the policies shaping its future.

The forum provided a platform for open dialogue between the private sector, policymakers, and financial regulators, reinforcing the collective goal of strengthening Ghana’s position as a hub for financial innovation and inclusion. Among the distinguished guests was Ms. Matilda Asante Asiedu, the Second Deputy Governor of the Bank of Ghana, who reaffirmed the central bank’s commitment to fostering a supportive yet robust regulatory environment for the country’s fintech ecosystem. She noted that well-structured regulations are not meant to stifle innovation but rather to create an enabling environment that ensures growth, transparency, and consumer protection.

In his remarks, Shaibu Haruna, CEO of MobileMoney Ltd, highlighted that the success of Ghana’s fintech journey depends on strong collaboration between regulators and innovators. He described the forum as a pivotal platform for building mutual understanding and co-creating a framework that balances innovation with financial stability. Haruna also indicated that collaboration remains “non-negotiable” if Ghana is to fully unlock the potential of digital finance to drive inclusion, empower small businesses, and enhance the efficiency of financial services.

Contributions from policy think tanks such as IMANI Africa and the Institute of Statistical, Social and Economic Research (ISSER) provided valuable insights grounded in data and research. Both institutions underscored the importance of evidence-based policymaking and called for a nuanced understanding of Ghana’s unique digital finance landscape, where trust, access, and affordability continue to shape consumer adoption.

Discussions throughout the forum revolved around the dual importance of innovation and accountability. Participants stressed that responsible digital lending practices, transparent interest rate disclosures, and clear consumer data protection mechanisms are key to ensuring long-term sectoral health. Furthermore, the development of a coherent regulatory framework for digital assets, including cryptocurrencies and blockchain-based services, was identified as a priority for positioning Ghana competitively in the global fintech space.

The Fintech Stakeholders Forum concluded with a shared commitment from all participants to sustain the momentum of dialogue and partnership.

By:  Nana Appiah Acquaye