Communication Minister encourages home-grown fintech innovation

The Minister for Communication, Digital Technology and Innovations, Samuel Nartey George, has called on Ghana’s technology and financial ecosystem to prioritise the development of home-grown fintech solutions rather than relying on imported technologies.

Speaking at the launch of a new fintech initiative, the Minister described the event as “a test of whether Ghana is serious about building the future of finance ourselves, rather than importing it.”

He noted that government’s vision is to empower young Ghanaians to become creators of technology and solutions.

“We want every young Ghanaian who looks at a problem to say, ‘I can build a solution,’ instead of waiting for someone else to solve it,” he said.

According to him, Ghana has the talent to produce globally competitive fintech companies, drawing from universities, innovation hubs, and individual developers across the country.

Mr George, however, cautioned that innovation must be balanced with consumer protection and public confidence, stating that where money is involved, trust is not optional; it is the product.

He further called for regulation that “protects without suffocating” innovation, urging policymakers to keep pace with technological advancement.

“Technology must ultimately serve people, improve lives, expand opportunity, and create prosperity,” he said.

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