Els: MBN360 Business
Government’s planned SIM re-registration exercise is being positioned as a key tool to strengthen digital lending by improving how financial institutions assess borrower creditworthiness.
Minister for Communication, Digital Technology and Innovation, Sam Nartey George, says the initiative will enable lenders to rely on more accurate data, to enhance credit risk assessment within Ghana’s expanding digital finance ecosystem
According to the Minister, the policy is designed to improve data integrity, reduce default risks and promote confidence in digital lending platforms.
“This is one of the key goals of our SIM registration exercise. It will allow digital lenders who are offering critical credit to SMEs to see and appreciate the creditworthiness of their customers. That is why you must all take part of the SIM registration exercise.”
The Minister made the remarks at the press launch of the 2026 3i Africa Summit, held at the Bank of Ghana, where he underscored the importance of integrating SIM registration data into formal credit assessment frameworks.
This move is expected to address longstanding challenges around limited borrower information, which has constrained the growth of digital credit and heightened risk exposure for lenders.
Sam George argued that linking SIM registration data with credit profiling systems will help promote responsible lending practices, while expanding access to finance particularly for the underserved.
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“The rise of interoperable payment systems, increased Mobile money penetration, the growth of digital lending and saving platforms call for stronger collaboration among regulators and innovators.”
The 3i Africa Summit 2026 is set to take place from May 6 to 8 at the Destiny Arena, bringing together key stakeholders to shape the future of Africa’s digital financial ecosystem.
Under the theme, “Shaping Africa’s Integrated FinTech Future,” this year’s summit will focus on advancing financial integration, innovation, and cross-border collaboration across the continent.
A major highlight of the 2026 edition is the introduction of the Next Gen Talent and Careers Forum, a new initiative aimed at bridging the skills gap within Africa’s fast-evolving fintech landscape.
The forum is expected to connect young professionals and students with industry leaders, providing pathways for mentorship, skills development, and employment opportunities critical to harnessing Africa’s position as the world’s youngest and fastest-growing population.
The summit will also convene a high-level mix of participants, including Heads of State and Government, Central Bank Governors, fintech CEOs and founders, institutional investors, and technology and AI leaders, alongside research institutions.
Organisers believe the summit will serve as a platform to unlock opportunities that can transform financial services delivery and expand access, ultimately empowering millions across the continent.
