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Innovation

World Bank Commends Ghana’s Digital Acceleration Efforts 

World Bank pledges continued support as Ghana advances AI, digital jobs, and cybersecurity resilience

World Bank Commends Ghana’s Digital Acceleration Efforts
Isaac Kofi Tsoenamawu
Nov 22, 2025

A delegation from the World Bank has praised Ghana’s progress under the Ghana Digital Acceleration Project (GDAP) during a visit, aimed at strengthening the country’s digital development and cybersecurity capabilities.

The team conducted a technical visit to the Cyber Security Authority’s National CERT (Computer Emergency Response Team) facility and held discussions on key priorities, including enhancing Ghana’s competitiveness in artificial intelligence, expanding digital employment opportunities, improving public-sector digitalisation, and deepening the country’s cybersecurity resilience.

The delegation, led by Michel Rogy, Regional Practice Director for Digital Development, and including Jana Kunicová, Program Manager for Digital Transformation, and Steve Davenport, Senior Digital Governance Specialist, met with the GDAP Project Coordination Unit (PCU) on behalf of Sector Minister Sam Nartey George.

World Bank officials commended the Ministry of Communication, Digital Technology and Innovations (MoCDTI) and the GDAP PCU for the progress made so far and reiterated their commitment to supporting Ghana’s digital transformation agenda.

The engagement marked the first of the Bank’s mission on their visit, highlighting ongoing collaboration between Ghana and international partners to advance technology-driven growth, strengthen governance, and secure critical digital infrastructure.

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Previous Article Islamic Finance to Complement, Not Disrupt Ghana’s Banking Sector – Prof Gatsi Islamic banking is set to broaden Ghana’s financial landscape by complementing, rather than competing with, the country’s conventional banking system, Policy Advisor on Islamic Banking at the Bank of Ghana, Professor John Gatsi, has emphasised. Speaking amid heightened public debate on the formal rollout of Islamic banking, Prof Gatsi explained that non-interest finance offers unique structures designed to deepen financial inclusion, drive infrastructure development, and support economic diversification, especially in trade and commerce. “Non-interest banking and finance is poised to enhance our market economic structure. It will not outperform conventional structures because it is not a competitor. Rather, it plays crucial complementary roles in municipal, central government, and private sectors’ infrastructure and enterprise funding.” Prof Gatsi clarified. His comments come as the Bank of Ghana works to finalise regulatory frameworks for licensing Islamic financial institutions, paving the way for a model that prohibits interest-based transactions in line with Sharia principles. Prof Gatsi cited international experiences to dismiss fears that Islamic banking could destabilise Ghana’s financial system. He highlighted countries such as the UK, Saudi Arabia, Dubai, Turkey, Japan, Canada, France, the Netherlands, Nigeria, Uganda, Hong Kong, Singapore, Luxembourg, the US, and Malaysia, where Islamic and conventional banks co-exist seamlessly. “These institutions have not even competed with conventional banks, let alone dismantled them. The apprehension that Islamic finance and banking will negatively affect conventional banks in the country is not rooted in progressive information widely available to regulators globally.” he said. According to him, introducing Islamic banking will enable Ghana to achieve economies of scope, expand access to finance for underserved populations, and diversify funding sources for trade and commerce. “Non-interest banking will achieve financial inclusion, diversification in financing trade and commerce, as well as project finance for government and the private sectors of the economy,” he noted. Prof Gatsi also underscored the socio-economic benefits of Islamic finance in supporting the achievement of the UN Sustainable Development Goals (SDGs), particularly through empowerment of women entrepreneurs and ethical financing models that avoid speculative risk. “Furthermore, non-interest banking and finance will provide unique support to women entrepreneurs and contribute to achieving the SDGs,” he added. Analysts say Islamic banking has the potential to attract new capital flows into Ghana’s economy, especially from Middle Eastern and Asian investors seeking Sharia-compliant opportunities, while boosting confidence in the inclusivity of the financial sector. As regulatory preparations continue, stakeholders await further directives from the Bank of Ghana to operationalise what experts describe as a transformative pillar for inclusive economic growth. BoG Set to Implement Non-interest Banking Regulation – Prof. Gatsi
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