Tag: Digital Currency

While it all seems like the conversation regarding Ghana’s digital currency journey died a slow death with nothing heard of it for months, the governor of Bank of Ghana, Dr ...

Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has discussed Ghana’s digital currency at the IMF meeting, noting that the introduction of the e-Cedi will serve as ...

Development of Central Bank Digital Currencies (CBDC) are sprouting around the world, Africa included. The Bahamas, Jamaica and Nigeria have already launched digital currencies backed by their central banks, with several other ...

Reserve Bank of Zimbabwe disclosed on Friday, April 28, 2023, that the country will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and ...

Gifty Annor-Sika Asantewah, a financial analyst and advisor to Geldex Invest, has bemoaned the slow progress of work on the implementation of Ghana’s electronic currency- the e-Cedi. She nonetheless, admitted ...

Nigeria has officially launched a new digital version of its currency, the eNaira, after postponing the operation initially planned for early October. With this launch, Nigeria, Africa's largest economy in ...

Nigeria’s local fintech companies have raised concerns over the Central Bank of Nigeria’s (CBN) decision to engage foreign fintech companies on the eNaira project. The CBN is believed to engage ...

The Central Banks in Singapore, South Africa, Malaysia, and Australia plan to pilot a cross-border payment scheme by using different Central Bank Digital Currencies (CBDCs). Also, it is important to ...

Vice President Dr Bawumia says it is time for African governments to embrace digital currency such as bitcoin to facilitate trade and enhance other productive sectors of their economies. Meanwhile, ...

Dr. Ernest Addison, the Governor of the Bank of Ghana, has hinted that the Bank of Ghana (BOG) has commenced a piloting process for a Central Bank Digital Currency (CBDC) ...