Roland Kwame Akafia, Manager, Beyond Banking & Partnerships, Business and Commercial Banking, Stanbic Bank Ghana. Not long ago, the dominant narrative in financial services was one of siege. Fintechs, armed with venture capital and a generation of digitally native consumers, were supposedly at the gates, ready to render traditional banking obsolete. Boardrooms across the continent spent considerable energy debating how to defend market share against these nimble challengers. Looking back, that framing was fundamentally wrong. The past decade has taught the financial services industry a more instructive lesson, that the most powerful response to disruption is not resistance. It is partnership. In Ghana, that lesson is playing out with urgency. With a large informal economy, a significant unbanked population, and mobile penetration that continues to outpace traditional banking infrastructure, the conditions are ripe for a new model of financial services, one where banks and fint...
The Head of Strategy and Enablement at Stanbic Bank, Darwin Mireku, has called for a more balanced approach to digital lending across Africa. Speaking at the 3i Africa Summit 2026, he stressed that sustainability and positive customer outcomes must remain at the center of financial innovation. During a panel discussion on the topic, “Access vs. Protection: The Next Chapter of Financial Health in Africa,” Mireku said the rapid growth of digital credit services across the continent presents both significant opportunities and emerging risks that industry players must address collectively. According to him, expanding access to credit alone should not become the sole measure of success for financial institutions and fintech platforms operating within Africa’s evolving digital finance landscape. We all understand the importance of access to financing for economies like ours. However, as the industry evolves, better customer outcomes must become central to what we do instead of simply i...