The Bank of Ghana is seeking to avail the digital currency to as many Ghanaians as possible. As such, the bank is exploring how to make the e-cedi available offline, according to a central bank official.
The Bank of Ghana recently announced that it had partnered with a German firm for the design and implementation of the digital cedi.
The Ghanaian central bank is in advanced stages in its development of a central bank digital currency, with a pilot set to start in September.
Central bank governor Dr. Ernest Addison confirmed that the digital cedi project is now “in the advanced stages,” noting there is a need to approach the project in phases.