A highlight of the forum was a presentation by Richard Frimpong, Head of Business at Grey Parrot, on "Artificial Intelligence and Financial Inclusion."
He defined financial inclusion as making financial products and services accessible and affordable to all individuals and businesses, regardless of net worth or company size. He described financial inclusion as a national priority because it creates a level playing field for individuals and organisations.
Citing the National Financial Inclusion and Development Strategy, he noted that 42 per cent of Ghana's population still lacks access to financial services.
He urged government to create an enabling environment for companies to build applications that drive financial inclusion.
He also called for the removal of barriers that keep people from accessing financial services.
Mr Frimpong explained AI as a human-created intelligent system able to perform tasks without explicit instruction, with applications across health, transport, manufacturing and finance.
He proposed feeding census and government programme data into AI models to identify underserved areas and prioritise them for intervention.
He highlighted how banks and fintechs can use AI to analyse users' cash flow and financial history to offer credit and loans.
Such services, he noted, could help people afford healthcare and purchase insurance.
He concluded that Ghana stands to gain significantly by promoting AI adoption across every sector of the economy.
Other speakers from GI-KACE, the Bank of Ghana, JidiTrust and DTC-GIZ Ghana echoed the call for responsible, inclusive AI innovation.