Network International, a digital commerce enabler for the Middle East and Africa (MEA), is to launch a new office and data centre in Ghana. The facility is to drive revenue and profitability to customers, helping businesses and economies prosper. The ...
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Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation – Featured Bitcoin News
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According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil ...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140% – Economics Bitcoin News
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Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have ...
Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis
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As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use. In a report released by blockchain analytics platform Chainalysis, researchers found that Ghana ...
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes – Emerging Markets Bitcoin News
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Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks ...
Ghana Central Bank Announces Launch of Regulatory Sandbox – Africa Bitcoin News
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Ghana’s recently launched regulatory and innovation sandbox is the latest proof of the central bank’s commitment to a regulatory environment that promotes “innovation, financial inclusion and financial stability,” a statement released by the Bank of Ghana has said. According to ...
Bank of Ghana Launches New Regulatory Sandbox
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Following a successful pilot implementation, the Bank of Ghana has launched its new Regulatory Sandbox, developed in collaboration with EMTECH Solutions. This is in line with the Bank’s commitment to continuously evolve a conducive regulatory environment that fosters innovation, financial ...
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ – Bitcoin News
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After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ ...
Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board – Economics Bitcoin News
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Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly 2% increase in the country’s inflation rate comes at a ...
In Focus Africa: 101 Conversation on the Ground in Ghana
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The Western African nation of Ghana forms a key piece in Africa’s thriving fintech ecosystem, with the Ghana Fintech and Payments Association remaining at the forefront of this journey. The Ghana Fintech and Payments Association is the foremost fintech hub ...