The Bank of Ghana has admitted six companies into its Regulatory Sandbox for a one-year period as part of efforts to foster innovation in the financial sector while maintaining market integrity and consumer protection.
The selected firms are Transika Ltd., One Africa Securities Ltd., Mansu Technologies Ltd., Payafrione Gh Ltd., Akuna Wallet Ltd., and Afrix Paycoin Ltd.
In a press release issued on January 22, 2026, the central bank said the decision aligns with its broader mandate to create “an enabling regulatory environment that supports innovation while safeguarding market integrity.”
According to the BoG, the entities will participate in controlled testing to support the validation of proposed regulatory frameworks governing the “exchange, custody, administration and issuance of virtual assets” in Ghana.
The Regulatory Sandbox allows fintechs and other innovators to test new products and services under the oversight of the central bank before full market deployment. The BoG noted that insights gained from the exercise will help shape future policy and regulatory directions for virtual assets and related technologies.
However, the central bank cautioned that participation in the sandbox is conditional. “The Bank of Ghana reserves the right to withdraw its approval of any entity at any time for non-performance or non-compliance with applicable requirements,” the statement said.
The move comes amid growing interest in digital financial products and virtual assets across Ghana’s financial ecosystem, prompting regulators to balance innovation with financial stability, consumer protection, and anti-money laundering safeguards.
The BoG reaffirmed its commitment to engaging industry players as it develops fit-for-purpose regulations for emerging financial technologies, stressing that the sandbox remains a critical tool for responsible innovation.
