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Telecom and Digital Finance Sectors Must Be Prioritized for Ghana’s Development – Industry Leaders Urge Parliament

The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana have called on Parliament to prioritize the telecommunications and digital finance sectors in national policymaking to accelerate Ghana’s economic transformation.

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The two Chambers, in a statement congratulating Hon. Bandim Abed-Nego Azumah and Hon. Isaac Adongo, the newly appointed Chairpersons of the Information and Communications Committee and the Finance Committee of Parliament, emphasized the critical role of these committees in shaping policies that directly impact Ghana’s digital economy.

Telecom and Digital Finance: Key Drivers of Growth

The telecommunications and digital finance sectors are not just industries—they are the foundation of Ghana’s digital economy, providing connectivity, financial inclusion, and digital services to millions.

  • Telecommunications connects businesses, communities, and government services, enabling e-commerce, digital education, and remote work.
  • Digital Finance is revolutionizing transactions, expanding financial access, and fostering innovation in trade and entrepreneurship.

The Chambers stressed that for Ghana to fully realize its economic and digital potential, these sectors must receive strong legislative support, progressive policies, and investment-friendly regulations.

Urgent Call for Policy Action

The Ghana Chamber of Telecommunications and the EMIs Chamber of Ghana urged the two parliamentary committees to:

  • Ensure a policy environment that encourages investment and innovation in telecommunications and digital finance.
  • Support regulatory frameworks that promote financial inclusion, enhance digital security, and expand broadband access.
  • Work with industry stakeholders to eliminate barriers to infrastructure development and technological advancement.
  • Lead policy efforts to protect telecommunications infrastructure and ensure network resilience.
  • Champion policies that reduce the cost of doing business in these sectors, making digital services more accessible to all Ghanaians.

A Commitment to Collaboration

The Chambers reaffirmed their commitment to working closely with both committees to ensure that the right policies, regulations, and industry partnerships are in place to drive sustainable growth, job creation, and digital inclusion.

“We look forward to engaging with the leadership and members of both committees in the near future to explore strategic partnerships and actionable solutions that will position Ghana as a leader in telecommunications, digital payments, and technological innovation,” the statement concluded.