Currency

Bank of Ghana’s eCedi wins Innovation in Digital Currency Design award


Dr. Ernest Addison, BoG Governor Dr. Ernest Addison, BoG Governor

At the 2024 Payment, Innovation and Technology Week held from the 23 to 26

September 2024 in London, United Kingdom, organised by Currency Research, the

Bank of Ghana was adjudged the winner of the Innovation in Digital Currency

Design for Financial inclusion.

The award was on account of the Bank’s compelling demonstration of the eCedi’s

design elements, encompassing governance, accessibility, (online and offline),

interoperability, and infrastructure with the potential to promote financial

inclusion.

The award was also in recognition of the Bank’s ecosystem engagement

approach, which included the:

A. Participation of banks and payment service providers during the eCedi pilot;

B. eCedi Hackathon, which invited the public to demonstrate their innovative

ideas using the eCedi; and

C. Live trial experience of the eCedi during the 3iAfrica Summit where participants were able to make payments for goods and services at the 3i

Africa Summit Digital Village

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