Chief Executive Officer of MobileMoney Limited (MTN MoMo), Shaibu Haruna, has called for deeper collaboration among regulators, fintechs, and industry players to build a sustainable and inclusive digital financial ecosystem in Ghana.
Speaking at the Fintech Stakeholder Forum in Accra on Wednesday, October 15, 2025, Haruna said the future of Ghana’s fintech industry depends on the ability of all stakeholders to engage constructively, listen to one another, and design regulatory frameworks that promote innovation while safeguarding consumers.
The event, themed “Harnessing Ghana’s Fintech Potential: Regulatory Frameworks for Digital Credit and Digital Assets,” was convened by MTN MoMo and brought together policymakers, fintech operators, banks, academia, and civil society.
“The future of our industry depends on our ability to engage, listen, and build together,” Haruna said. “This gathering is not just about dialogue — it is about partnership and shared commitment to shaping the future of digital finance in Ghana and beyond.”
He noted that digital credits and digital assets have the potential to transform access to finance, particularly for small businesses and underserved communities, by deepening financial inclusion and driving national development.
“Our focus today is on how we can harness the power of digital credit and digital assets to empower small businesses, strengthen inclusion, and contribute to national growth — while maintaining a strong regulatory environment that protects consumers,” he explained.
Haruna highlighted MTN MoMo’s decision to collaborate with IMANI Africa and the Institute of Statistical Social and Economic Research (ISSER)for the forum, saying this partnership was aimed at bringing together diverse voices — from policy thinkers to practitioners and scholars — to enrich the national fintech dialogue.
He also commended the Bank of Ghana (BoG) for its proactive role in guiding the evolution of digital finance in the country, particularly through its Fintech and Innovation Office and new regulatory initiatives.
“We are privileged to have our regulator, the Bank of Ghana, represented by the Second Deputy Governor, Mrs. Matilda Asante Asiedu, whose presence underscores the importance of collaboration between regulators and industry players,” he said.
Haruna expressed optimism about Ghana’s position as a digital finance leader in Africa, citing strong cooperation between fintechs, banks, and regulators as the foundation for further progress.
“Innovation at scale requires partnership at depth,” he added. “Our progress as an industry depends on how we work together — across public and private sectors — to create systems that are inclusive, responsible, and sustainable.”
In her remarks, Second Deputy Governor of the Bank of Ghana, Mrs. Matilda Asante Asiedu, lauded MTN MoMo for providing a platform for open dialogue and innovation within Ghana’s fintech ecosystem.
She revealed that the BoG will begin accepting applications for digital credit licensing from November 3, 2025, as part of efforts to regulate the fast-growing digital finance sector and protect consumers.
Mrs. Asante Asiedu also disclosed that the Virtual Asset Service Providers Bill is nearing completion, and once passed, it will establish the legal basis for transparent and ethical virtual asset operations in Ghana.
