Overview
Gabon stands out as one of the more advanced economies within the CEMAC region. Its banking sector, though relatively small, is sound and well-integrated into the formal financial system. Digital financial services have gained traction, driven by mobile money adoption and the country’s commitment to modernizing its financial ecosystem.
Gabon’s emphasis on digital innovation aligns with BEAC’s broader goals of financial inclusion and interoperability. The country’s more developed financial infrastructure and growing fintech activity place it in a strong position to explore open banking frameworks in the future.
Looking Ahead
With a focus on regulatory clarity and data security, Gabon could emerge as an early adopter of open banking within the CEMAC region. Investments in consumer education and collaboration will be key to driving adoption.
Open Banking Nigeria (Open Technology Foundation) is a non-profit backed by a group of industry experts across banking, fintech, risk management, and more to drive and launch the open banking standard in Nigeria.
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