<p>Adoption of agricultural technology is frequently promoted as a means of enhancing rural lives; nevertheless, adoption is still uneven among women in financially excluded rural areas, and evidence on the livelihood effects of adoption remains limited. Existing studies focus on credit and input availability, ignoring the influence of financial capacity on adoption choices and post-adoption results. To close these gaps, this study looks at the causes and effects of adoption of improved agricultural and digital financial technologies on livelihoods among 607 women farmers in six rural Ghanaian districts that are financially excluded. Using descriptive analysis, a binary logit model, and Propensity Score Matching (PSM), the study assesses how socioeconomic traits, institutional access, digital financial services, and financial capability affect adoption and estimates the association of adoption on productivity, income, food security, and multidimensional livelihood well-being. The findings suggest that, in addition to the effects of extension access, credit availability, and use of digital finance, financial capability is a significant and independent predictor of technology adoption. Adoption is associated with significant welfare gains, including higher crop productivity, increased farm income, improved household food security, and enhanced overall livelihood well-being. The findings contribute to the technology adoption literature by distinguishing access from effective use and demonstrating the central role of financial capability in enabling women to translate institutional and digital financial access into productive investment decisions. The findings emphasize the necessity of gender-responsive and integrated agricultural policies that enable inclusive rural transformation in Sub-Saharan Africa by combining extension services, inclusive agricultural finance, and focused financial and digital competence building.</p>