Digital technology has changed the way the Ghanaian financial service industry offers products and services to consumers. New financial service business models based on digital technologies, popularly referred to...
EMTECH, a Modern Central Banking Infrastructure provider, announced today its API-First Digital Regulatory Sandbox™ Platform was selected by the Bank of Ghana to modernize its regulatory review process and...
Bank of Ghana (BoG) in a notice (BG/GOV/SEC/2022/10) has announced a ban on unlicensed entities operating the provision of loans to the public.Ghana’s bank said it has observed that...
The Bank of Ghana (BoG) has launched a Regulatory and Innovation Sandbox to support the government’s financial inclusion and stability agenda. This comes after the pilot implementation of the...
Following a successful pilot implementation, Bank of Ghana has today, 19th August 2022 launched its Regulatory and Innovation Sandbox developed in collaboration with EMTECH Solutions Inc according to a...
This paper discusses critical considerations in the design of central bank digital currency (CBDC) in West Africa through a comparative case study of Ghana’s (eCedi) and Nigeria’s (eNaira) design...
Vice President of the Republic of Ghana Dr. Mahamudu Bawumia has, on Wednesday June 15, 2022, launched the GhanaPay Mobile Money Service, the first bank-wide mobile money service by...
In a ceremony held in Accra today, June 15, 2022, the vice president of Ghana formally launched GhanaPay as a tool for digital financial inclusion. GhanaPay is a mobile...
Money is a vital tool in our modern society. From the early days of barter, where physical items were used to facilitate the exchange, to the modern world, where...
The Bank of Ghana (BoG) in a report has indicated that the eCedi will be implemented to forestall disruptions to the existing payment systems. The central Bank noted that...