Ghana's digital cedi targets cross-border trade, financial integration
Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana, said Ghana is preparing to deploy its Central Bank Digital Currency (e-Cedi) for cross-border transactions and regional financial integration. He stated at the opening of the two-day ACI World Congress in Accra that "the e-Cedi has completed its pilot phase and we're now actively designing its use for cross-border settlements and wholesale payments."
The announcement follows the completion of the pilot phase of the e-Cedi and its incorporation into Ghana's financial infrastructure to support intra-continental trade and economic activity. Dr. Asiama noted that Ghana had passed the Virtual Assets Act, 2025 (Act 1154), and was operationalising it through a regulatory framework to provide clarity and investor confidence. Roy Daniels, Chairman of the ACI Financial Markets Association, pledged continued support for countries developing digital financial markets. Lawrence Osilaja Boampong, ACI Ghana President, said the congress had positioned Accra as a hub for global ideas, partnerships and innovation.
Dr. Asiama said that Ghana's hosting of the ACI World Congress demonstrated Africa's growing role in global financial market discussions.
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The Bank of Ghana is moving forward with the e-Cedi. It aims to incorporate the digital currency into financial infrastructure - but what doors will this open for trade and the economy?
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