Ghana Fintech Association to Expand Digital Financial Services Access in Northern Regions by 2025

The Ghana Fintech and Payment Association is set to enhance access to digital financial services in the northern and central regions of the country starting in 2025.

The initiative aims to promote inclusivity, as the majority of digital financial service users are currently concentrated in the south.

At a media briefing following the launch of the fourth Ghana Fintech Awards and Dinner Night on October 25, 2024, Association President Martin Awagah announced plans for a series of roadshows designed to raise awareness among potential users in rural areas.

“A wide range of digital financial service products have been developed, but most are used primarily in the southern belt of Ghana. There are untapped opportunities in the northern and central regions, and we need to educate these communities. We are collaborating with stakeholders to expand our outreach beyond Accra, including fintech roadshows from the south to the north,” he explained.

In addition, nominations for the 2024 Ghana Fintech Awards have officially opened, celebrating the country’s fintech innovators. The awards ceremony is scheduled for March 1, 2025, at the Labadi Beach Hotel and will highlight individuals and companies making significant contributions to Ghana’s economic growth and financial inclusion.

The nomination period runs from October 25 to November 25, 2024. Interested parties can submit nominations through the official website, www.ghanafintechawards.org, where they can find detailed information on categories and submission guidelines.

Cristina Swan-Awagah, Project Coordinator for the Ghana Fintech Awards, emphasized the event’s goal of promoting innovation and economic development. “With the Ghana Fintech Awards, we aim to recognize the creativity and resilience of fintech companies that facilitate convenient financial transactions and drive digital transformation across the economy,” she stated.