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BusinessGeneralHeadlines

Cedi@60: The e-Cedi will modernize our payment system – Vice President

Prof. Jane Naana Opoku-Agyemang says the e-Cedi will drive digital inclusion and secure Ghana’s financial future.

Emmanuel Mensah By Emmanuel Mensah Published October 28, 2025
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Vice President Professor Jane Naana Opoku-Agyemang has reaffirmed government’s commitment to digital financial innovation, emphasizing that Ghana’s proposed electronic currency, the e-Cedi, will play a crucial role in transforming the nation’s payment landscape.

Speaking at the official launch of the Cedi@60 celebration in Accra, the Vice President said the e-Cedi, currently being developed and tested by the Bank of Ghana, represents the next phase in Ghana’s financial modernization and inclusion agenda.

“The e-Cedi will modernize our payment system and ensure that even in a cashless future, the cedi retains its importance,” she said.

Professor Opoku-Agyemang stressed that while embracing financial technology is essential, the transition must be inclusive. She noted that digital finance must serve everyone, especially those often excluded from the formal financial system.

“As we embrace financial innovation, we must equally adopt digital inclusion. The benefits of digital finance must reach all of us, especially those who are often excluded,” she emphasized.

The Vice President commended the Bank of Ghana for its leadership in maintaining monetary stability and introducing policies that support fintech growth. She urged stronger collaboration between the central bank, private sector, and innovators to make digital transactions more seamless across platforms and borders.

She also highlighted that restoring and maintaining public trust in the cedi remains a shared national responsibility. According to her, confidence in the currency can only be sustained through sound decisions, transparent actions, and accountable policies.

“Confidence must be maintained with sound decisions, transparent actions, and accountable policies. We must protect what we have rebuilt through action from governments, institutions, and citizens,” she stated.

Marking 60 years since the cedi replaced the Ghanaian pound, the Vice President called on Ghanaians to honor the vision of Dr. Kwame Nkrumah and uphold the legacy of economic sovereignty that the national currency represents.

“As we celebrate 60 years of the cedi, let us remember that it is more than money, it is a symbol of our identity, resilience, and independence,” she said.

Source: Starrfm.com.gh

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TAGGED:bank of GhanaCedi@60eCediGhana digital economyNaana Opoku-Agyemang
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