Ghana news briefing
Government commits to consumer protection as Ghana’s fintech sector expands
Speaking at the launch of the MoMo Fintech Lab, Minister for Communications, Digital Technology and Innovation, Samuel Nartey George, said the growth of financial technology must be supported by effective governance, consumer protection, cybersecurity, data privacy and regulatory compliance.
He urged banks and financial institutions to adopt more flexible financing models for technology startups, arguing that such businesses require patient capital to grow.
The government has reaffirmed its commitment to protecting consumers as Ghana’s fintech sector expands, stressing that technological innovation must go hand in hand with strong safeguards for citizens.
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