Project Title Regulatory and Innovation Sandbox Implementation

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FSD Africa is partnering with the Bank of Ghana (BoG) from 2022 to 2024, with £200,000 in FCDO funding, to implement a regulatory innovation sandbox. Following a 2021 feasibility assessment by the Cambridge Centre for Alternative Finance, the project provides technical assistance and capacity building to the BoG to help fintechs test and scale innovations, address regulatory barriers, and inform regulatory framework reforms.

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  • The project, funded with £200,000 from the FCDO and running from 2022-2024, focuses on the implementation of a regulatory innovation sandbox to enable the testing of solutions for underserved population segments.
  • Phase II of the initiative involves providing technical assistance and capacity building to the Bank of Ghana to facilitate the sandbox rollout and engagement with industry stakeholders.
  • The project's target results include identifying and addressing regulatory barriers, increasing the number of fintechs able to test and scale innovations, training bank staff, and generating insights for regulatory framework reforms.

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APA
FSD Africa (n.d.). Project Title Regulatory and Innovation Sandbox Implementation. https://fsdafrica.org/wp-content/uploads/2025/05/22-07-11-Digital-Economy-Regulatory-and-Innovation-Sandbox-Implementation.pdf
Chicago
FSD Africa. Project Title Regulatory and Innovation Sandbox Implementation. n.d. https://fsdafrica.org/wp-content/uploads/2025/05/22-07-11-Digital-Economy-Regulatory-and-Innovation-Sandbox-Implementation.pdf.
Wikipedia
{{cite report |author=FSD Africa |title=Project Title Regulatory and Innovation Sandbox Implementation |url=https://fsdafrica.org/wp-content/uploads/2025/05/22-07-11-Digital-Economy-Regulatory-and-Innovation-Sandbox-Implementation.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{fsdafricandproject, author = {{FSD Africa}}, title = {{Project Title Regulatory and Innovation Sandbox Implementation}}, institution = {FSD Africa}, url = {https://fsdafrica.org/wp-content/uploads/2025/05/22-07-11-Digital-Economy-Regulatory-and-Innovation-Sandbox-Implementation.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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