Categories: Technology

DASA Initiative Aims to Boost Africas Digital Economy

Africa’s digital economy is anticipated to expand significantly, reaching over USD 700 billion by 2050 from approximately USD 115 billion in 2022. The Digital Assets Summit Africa (DASA) 2026 is planned to contribute to this growth.

The two-day summit will take place September 29-30, 2026, at the Kempinski Hotel Gold Coast City in Accra, Ghana. It will convene regulators, financial institutions, technology innovators, and investors.

Summit Focus and Theme

Organizers, ProMark Elite Ltd, stated the summit will concentrate on converting policy frameworks into economic results. Discussions will cover tokenisation, digital securities, and cross-border payments. The theme, “From Policy to Prosperity: Scaling Digital Assets for Investment, Jobs & Economic Growth in Africa,” highlights the shift towards practical application of digital asset regulations.

Collaboration and Confidence

Collaboration with the Bank of Ghana and the Securities and Exchange Commission is planned. This aims to build trust and investor confidence while encouraging responsible innovation within Africa’s digital finance sector.

Inclusive Development

DASA 2026 will emphasize inclusive development. This includes supporting youth entrepreneurship, increasing women’s participation, and facilitating SME financing through digital tools.

Expected Attendance and Global Positioning

Over 500 delegates from more than 30 countries are expected to participate. These attendees will include representatives from central banks, ministries of finance, fintech companies, and development finance institutions. The summit’s goal is to establish Africa as a significant competitor in the global digital economy, particularly as tokenisation markets are projected to reach between USD 4 trillion and USD 5 trillion by 2030.

Black Hot Fire Network Team

BHFN Editorial Team covers breaking news, culture, and global developments impacting Black America, Africa, Kenya, and the African diaspora. Focused on timely reporting and community-driven perspectives, the team delivers news, analysis, and stories that inform, connect, and amplify diverse voices.

Share
Published by
Black Hot Fire Network Team

Recent Posts

Trump calls for FIFA to restrict trans athletes in women’s soccer

The Trump administration is reportedly pressuring FIFA to implement a policy prohibiting transgender athletes from…

4 hours ago

Arab Parliament Warns Palestinian Prisoner Executions Risk Justice

The Arab Parliament initiated an international campaign to address a recently approved Israeli law concerning…

7 hours ago

Hill-Lewis Guides Democratic Alliance in South Africa

The Democratic Alliance (DA) has elected Geordin Hill-Lewis as its new leader. The announcement followed…

16 hours ago

Don Lemon Enters Not Guilty Plea in Minnesota Protest Case

Veteran journalist Jim Lemon has pleaded not guilty to charges related to a protest at…

17 hours ago

Black-owned businesses see growth and expansion

The number of Black-owned employer businesses in the United States surpassed 200,000 in 2023, marking…

23 hours ago

World Bank Recognizes Ghana’s Fiscal Reforms in Africa

Ghana is recognized by the World Bank as one of a few African economies expected…

1 day ago