Ghana

Zambia exploring CBDC, but warns against digital currencies: report
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13 February, 2022

Zambia exploring CBDC, but warns against digital currencies: report

The Zambian central bank has been conducting research on a central bank digital currency, an executive told Bloomberg, weeks after...
2021 year in review: Bitcoin comes of age in Africa
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31 December, 2021

2021 year in review: Bitcoin comes of age in Africa

2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there...
Ghana central bank partners with German firm for CBDC pilot test
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17 August, 2021

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...
Ghana’s vice president calls for African countries to adopt digital currencies
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3 August, 2021

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...
Ghana to start CBDC pilot in September as it seeks to reduce cash reliance
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14 July, 2021

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...
Bank of Ghana working towards issuing first state-backed digital currency
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15 June, 2021

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...
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