AfCFTA Secretariat and Bank of Ghana explore financial integration to boost intra-African trade

Date: 2026-04-28
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By:  Nana Appiah Acquaye

The African Continental Free Trade Area Secretariat and the Bank of Ghana have held high-level discussions aimed at strengthening cooperation to align financial systems with the implementation of the African Continental Free Trade Area.

The meeting brought together AfCFTA Secretary-General Wamkele Mene and Bank of Ghana Governor Johnson Asiamah, who explored strategies to enhance the efficiency of cross-border financial transactions across the continent.

Key areas of focus included reducing the cost of cross-border payments, leveraging digital innovation to modernize financial infrastructure, and improving access to finance for businesses, particularly small and medium-sized enterprises. Both parties underscored the need for a more integrated and efficient financial ecosystem to support the growth of intra-African trade.

The engagement reflects ongoing efforts under the AfCFTA framework to address structural barriers to trade and unlock greater economic opportunities through enhanced financial connectivity and innovation.

 

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