Ghana
Ghana: Bank of Ghana Launches Centralized Digital Platform to Modernize Forex Transactions and Strengthen Oversight
The Bank of Ghana (BoG) has unveiled a new centralized online foreign exchange (forex) trading platform, mandating its use by all licensed Foreign ...
Ghana
Ghana Launches Blockchain-Based Credentials and CBDC for Enhancing Global Trade
The Bank of Ghana (BoG) has successfully completed a proof-of-concept (PoC) exploring the use of digital credentials and central bank digital currencies (CBDCs) ...
Ghana
Ghana’s Communications Authority Addresses Data Pricing and MTN’s Market Position
The National Communications Authority (NCA) of Ghana has provided clarification on data pricing concerns and the significant market power (SMP) classification of MTN. ...
Ghana
Ghana: 51 Cybersecurity Firms Licensed in Ghana Amid Rising Data Breaches
In a move to strengthen Ghana’s cybersecurity landscape, 51 cybersecurity firms have been granted licenses in accordance with the Cybersecurity Act, 2020 (Act ...
Ghana
Ghana: Moody’s to Upgrade Ghana Ratings After Eurobond Debt Restructuring
Moody’s Ratings has indicated a potential upgrade for Ghana’s credit rating following the country’s Eurobond exchange. In a recent note, the global rating ...
Ghana
Ghana: Bank of Ghana Completes Two Phases of Cross-Border Trading Using Digital Credentials
The Bank of Ghana (BoG) has successfully completed two phases of its Project DESFT, aimed at enhancing cross-border trade using digital credentials. Phase ...
Ghana
Ghana: BoG Focuses on Inflation Control Amid Financial Losses
Despite reporting a significant loss of GH¢10.5 billion for 2023, the Bank of Ghana (BoG) remains steadfast in its commitment to achieving stable ...
Ghana
Ghana’s 5G Spectrum Deal Sparks Controversy
The involvement of Indian billionaire Mukesh Ambani in Ghana’s 5G spectrum acquisition has stirred significant controversy, particularly among the National Democratic Congress (NDC), ...
Ghana
Ghana: Governor of Bank of Ghana Urges Increased Investments in African Fintechs at 3i Africa Summit
During the recently concluded 3i Summit organized collaboratively by the Bank of Ghana (BoG), Development Bank Ghana (DBG), and the Monetary Authority of ...
Ghana
Ghana: Bank of Ghana Grants Zeepay Approval for Outbound Money Transfers within Regulatory Sandbox
Zeepay, an innovative fintech company and a prominent player in Africa’s mobile money sector, has received regulatory approval from the Bank of Ghana ...