The Governor of the
He said unlocking
The Governor said this at the 30th Afreximbank Annual Meeting held on Tuesday, in
"By enhancing digital infrastructure, fostering entrepreneurship, creating an enabling regulatory environment, promoting digital skills development and leveraging regional integration initiatives, we can position
He indicated that Central Banks in
"Our commitment to embracing digital platforms and ecosystems is evident through our concrete contributions and initiatives," he said.
He disclosed that
The success of these digital platforms and ecosystems, however, depends on the active participation and collaboration of all financial institutions and private businesses.
He said BoG was currently serving as a verifier for financial institutions, including microfinance institutions in
"By serving as a verifier, we ensure that the KYC/CDD information of these institutions are accurate and reliable. This enhances transparency, reduces risks and promotes trust among stakeholders. The MANSA Platform not only streamlines due diligence processes but also facilitates smoother and more efficient interactions between African entities," he added.
He urged financial institutions and private businesses to actively participate in these initiatives and harness the transformative power of digitalization to shape a prosperous future for
"Let us seize this moment to collaborate, innovate and embrace the transformative power of technology for the benefit of our continent and its people," he added.
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