The E-Cedi is a proposed central bank digital currency (CBDC) for Ghana.
Electronic tokens backed by the Ghana government will replace coin minting or printing paper notes.
The E-Cedi is to complement the Ghanaian cedi, and serve as an alternative to physical cash, and the 'Cashlite Agenda'.
On August 20, 2021, the President of Ghana Nana Akufo-Addo stated that the E-Cedi introduced by the Bank of Ghana, “will completely transform the architecture of our payment system and deepen financial inclusion, support inclusive and shared growth for our people”.
[6] On August 28, 2021, at the 40th anniversary celebration of Akuapem Rural Bank Limited, at Mamfe Akuapem in the Eastern Region, Dr. Ernest Addison the Governor of the Bank of Ghana (BoG), stated that Ghana is on track to introduce its digital currency, the E-Cedi.