Ghana central bank partners with German firm for CBDC pilot test
The Bank of Ghana recently announced that it had partnered with a German firm for the design and implementation of the digital cedi.
Latest Ghana News
Ghana’s vice president calls for African countries to adopt digital currencies
Dr. Mahamudu Bawumia stated that adopting a single central payment would finally rectify the challenges that stifle cross-border trade in the region.
Ghana to start CBDC pilot in September as it seeks to reduce cash reliance
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.
Bank of Ghana working towards issuing first state-backed digital currency
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.
Africa’s P2P trading reaches triple-digit growth
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
Ghana to begin testing central bank digital currency
Ghana has been working on a digital currency for months now, and as the deputy governor of its central bank revealed, it’s scheduled to begin testing it soon.
How the Africa Blockchain Institute is shaping the region’s blockchain future
The ABI is out to impart blockchain skills in Africa and in an interview with CoinGeek, the executive director gave insights into the African blockchain scene.
2019 year in review: Blockchain and crypto take root in Africa
Africa has emerged as a crucial front for crypto and blockchain development, from leading in info gathering to pushing the CBDC quest to crypto in stock market.
Weekly update: Important developments in cryptocurrency space Nov 30, 2019
Across the globe, there have been a lot of positive gains, as well as a few slips, as the Bitcoin space continues to develop.
Ghana intends to issue a digital currency
Ghana’s central bank chief revealed that the country is working on issuing a digital currency as the country moves towards digital money.
Crypto scam allegedly nets ex-NBA player over $800K in BTC
Isaac Austin, who played for Clippers and Wizards, is alleged to have swindled the Ghanaian investors under the guise of crypto trading.
Crypto in Africa: Funding problems for crypto startups in Africa
Startups have a hard time operating anywhere in the world, but it’s another level of difficulty in Africa.