Ghana tests stablecoins and mobile money for payments to Nigeria and Rwanda
Trials on both corridors are meant to enable settlement in local currencies by linking banks, digital currencies and mobile wallets.
English coverage and data for Banque du Ghana.
Trials on both corridors are meant to enable settlement in local currencies by linking banks, digital currencies and mobile wallets.
Bids reached 5.06 billion cedis against a target of 2.87 billion, with a marked preference for the 91-day maturity.
The Bank of Ghana's draft directive requires a full assessment of repayment capacity and provides for entry into force in July 2027.
The draft targets banks' use of AI, while the 2026 cyber directive already imposes governance and incident-reporting controls.
Two spot sales fed commercial banks through the new GoFX platform as seasonal demand for foreign currency rises.