The First Deputy Governor of the Bank of Ghana, Dr Zakaria Mumuni, has emphasised that Ghana is laying the groundwork for one of the continent’s most ambitious digital finance transformations, with ...
Afroblocks’ co-founder urges Ghana’s central bank to involve the in-house crypto experience and expertise to help the e-cedi succeed. The latest central bank digital currency (CBDC) initiative from ...
First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, says digital payments have now become the central pillar of Ghana’s financial ecosystem. He noted that digital payments are no longer ...
(Bloomberg) -- The worst may be over for Ghana’s battered cedi, with analysts expecting it to only weaken modestly between now and December elections following steep falls earlier in the year. The ...
In early June 2025, the cedi, Ghana's currency, was recognized as Africa's best-performing currency. However, its reign was short-lived due to a sudden surge in demand for U.S. dollars, along with a ...
Ghana’s cedi may depreciate to 12 per dollar by the end of the year as gold export revenue stabilizes, government increases spending and the central bank cuts interest rates, Barclays Plc said. That’d ...
More than 70 people were rounded up and a stash of currencies seized during the special operation across obscure areas around Makola and Tudu in the Ghanian capital. It is the central bank’s biggest ...
JOHANNESBURG, May 28 (Reuters) - Ghana's cedi currency has jumped more than 40% versus the U.S. dollar this year, far outperforming its African and emerging market peers, shrinking the cost of the ...
A surge in demand for dollars by companies paying for imports before the year-end holiday season has ended the Ghanaian cedi’s world-beating performance. The currency of Africa’s biggest gold producer ...