Ghana is poised to significantly boost its economy by hosting the 14th Africa Fintech Summit (AFTS), scheduled for October 8th to 10th, 2025, in Accra.
With over 1,500 delegates expected from across the continent, the summit is projected to generate approximately $1.3 million for the Ghanaian economy through hotel bookings and various other economic activities.
Mr. Foster Awintiti-Akubi, Head of Partnerships and Government Relations for the Africa Fintech Summit, highlighted the substantial economic benefits at an event hosted by the Ghana Investment Promotion Centre (GIPC) in Accra.
He emphasised that bringing the prestigious fintech event to Ghana underscores the nation’s growing prominence as a financial technology hub in Africa.
Mr. Awintiti-Akubi noted that beyond the immediate financial gains, the summit is also expected to catalyze further investment into Ghana’s thriving fintech sector.
He stated that the summit would provide a crucial platform for networking, knowledge sharing, and potential collaborations, further solidifying Ghana’s position in the African fintech landscape and attracting future economic opportunities.
Ghana’s tech industry has demonstrated remarkable growth, standing out as the only top-five African destination for venture capital growth in 2024, with an impressive 26 percent increase, even as overall tech funding in Africa declined.
This growth is largely attributed to the country’s robust fintech sector, particularly in payment solutions.
This marks the official launch of a strategic partnership between AFTS and the Ghana Investment Promotion Centre (GIPC).
The Bank of Ghana has called for increased collaboration in the promotion of fintech and digital initiatives to enhance development across Africa.
It noted that fintech is bridging access gaps, particularly for underserved and remote communities. Additionally, cross-border digital payments are gaining traction, promising to ease trade frictions and accelerate regional commerce.
Source: GNA
