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Bank of Ghana partners German firm to rollout digital currency
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The Bank of Ghana (BoG) has announced a partnership agreement with the German currency technology platform, Giesecke+Devrient (G+D) to pilot a general-purpose Central Bank Digital Currency (retail CBDC).
This was revealed in joint statement Wednesday, the two parties said G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which will be tested in a trial phase with banks, payment service providers, merchants, consumers and other relevant stakeholders.
G+D will provide its proprietary CBDC solution known as Filia to pilot the issuance of a digital form of Ghana’s national currency, the cedi.
The project is part of the ‘Digital Ghana Agenda’, which involves the digitization of the country of 30 million people and its government services. The project will be divided into three phases: design, implementation and pilot.
The digital Cedi, or ‘e-Cedi’, is intended to complement and serve as a digital alternative to physical cash, thus driving the Ghanaian cash lite agenda through the promotion of diverse digital payments, while ensuring a secure and robust payment infrastructure in Ghana. It also aims to facilitate payments without a bank account, contract, or smartphone, by so doing boosting the use of digital services and financial inclusion amongst all demographic groups.
The Governor of Bank of Ghana, Dr Ernest K. Y. Addision said: “CBDC presents a great opportunity to build a robust, inclusive, competitive and sustainable financial sector, led by the Central Bank. From all indications, the concept has a significant role to play in the future of financial service delivery globally. This project is a significant step towards positioning Ghana to take full advantage of this emerging concept.”
“Central banks around the world are exploring the introduction of digital money as legal tender. The Ghanaian government is one of the first African countries now entering a pilot phase. We are proud to support Ghana with our technology and expertise,” Dr. Wolfram Seidemann, the CEO of the Giesecke+Devrient Currency Technology business sector said.
The Government of Ghana has expressed profound sadness over the passing of His Majesty Yaa Naa Abukari Mahama II, King of Dagbon.
In a statement issued on Monday, President John Dramani Mahama, on behalf of the Government, extended his deepest condolences to the Royal Family, the people of Dagbon, and the entire nation.
“The Government of Ghana has received with profound sadness the news of the passing of His Majesty Yaa Naa Abukari Mahama II,” the statement said.
President Mahama described the late King as a distinguished traditional ruler whose reign was defined by healing, reconciliation, and lasting peace in Dagbon following years of conflict.
The statement noted that His Majesty’s “unwavering commitment to unity, stability, and the welfare of his people created an enabling environment for development”and strengthened the partnership between traditional authorities and Government in advancing progress across Dagbon and Ghana.
The Government paid tribute to the life and legacy of Yaa Naa Abukari Mahama II, and honoured his invaluable service to the nation.
“May his wisdom, leadership, and dedication to peace continue to inspire future generations. May his soul rest in perfect peace,” the statement concluded.
The passing of Yaa Naa Abukari Mahama II marks the end of an era for Dagbon, which saw significant strides in unity and development under his leadership.
By Edem Mensah-Tsotorme
The Ghana National Fire Service (GNFS), Hohoe Municipality Command, has conducted fire safety inspections and public education at selected fuel filling stations within the municipality.
The exercise, held from July 3, 2026 to July 5, 2025 was led by the Municipal Commander, DO III Bismark Hosu-Porbley.
During the inspection, the team assessed the fire safety preparedness of the facilities. Staff were also educated on fire prevention, emergency response procedures, and the proper use of firefighting equipment.
Management of the affected fuel stations expressed appreciation for the exercise and pledged to comply with the recommended safety measures.
The GNFS said the exercise reaffirms its commitment to continuous fire safety awareness and risk reduction to safeguard lives and property.
By Edem Mensah-Tsotorme
