A prominent group of female leaders and pioneers from Ghana’s financial technology sector, headed by tech entrepreneur and digital strategy consultant Ethel Cofie, visited the Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, on Friday for an official meeting.
A team composed of prominent figures from the Ghana Fintech and Payments Association (GFPA) came for discussions aimed at promoting greater involvement of women within Ghana’s digital finance industry. On behalf of the group, Ms. Cofie praised the Deputy Governor for her new role and emphasized the importance of addressing systemic barriers hindering women’s progress in the fintech field.
She presented ideas concerning gender-sensitive licensing systems, organized mentoring schemes, and trial projects aimed at digitalizing enterprises led by women — actions that have the potential to boost equitable development within the sector.
In her reply, Mrs. Asante-Asiedu emphasized the Bank of Ghana’s dedication to inclusivity and technological advancement.
She emphasized new guidelines mandating financial institutions to create products tailored for female entrepreneurs and provide data broken down by gender, along with the BoG’s collaboration with the African Development Bank’s AFAWA program aimed at increasing women’s access to loans. She further mentioned current efforts in rural areas focused on financial education and initiatives like the offline e-Cedi function, which seeks to enhance availability of credit and digital payment options.
The gathering ended with a consensus on enhanced cooperation between regulatory bodies and business executives. Initiatives such as a collaborative task force and an annual Women’s Financial Inclusion Publication indicate a progressive move towards integrating women as key contributors to Ghana’s digital economic landscape—a cause that Ms. Cofie remains committed to promoting.
Our objective is to make sure that women are not just part of Ghana’s financial industry but also equipped to take charge and bring about innovation,” Ms. Cofie stated. “When women succeed in fintech, the whole economy gains.
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