Ghana launches world’s first Digital Finance Policy amid COVID-19


Ghana has become the first country in Africa to launch a digital financial services (DFS) policy according to CGAP.  The government hopes that the policy can support various measures it is taking to leverage DFS in its COVID-19 response. 

Developed with technical support from CGAP and funding from the Swiss State Secretariat for Economic Affairs (SECO), the policy establishes a four-year (2020-2023) blueprint for achieving short- and medium-term progress in six areas:

  • Improving governance of the DFS ecosystem
  • Supporting fintech
  • Creating an enabling regulatory framework
  • Actively building the capacity of authorities to supervise the space
  • Supporting the development of market infrastructure for DFS
  • Driving the expansion of digital payment use cases

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