Bank of Ghana Governor Dr Ernest Addison has assured that the launch of the Central Bank Digital Currency, also known as the e-Cedi, will occur before the end of 2026.
Dr Addison acknowledged the progress in the e-Cedi's development but attributed the delay in its launch to the economic dislocation caused by the events of 2022.
It could be earlier than that. As I mentioned, we have reached a point where we are trying to understand the commercials more.
Dr Addison said this during an interview on the sidelines of the Eastern Caribbean Central Bank's (ECCB) 40th anniversary and Central Banking Autumn meetings in November 2023.
As Ghana advances its digital currency efforts, the e-Cedi hackathon was a crucial milestone, encouraging innovation and sustaining the nation's economic access and digital transformation goals.
With assurances from the Bank of Ghana's governor, expectations are building for the e-Cedi's official launch, which is expected to bring transformative changes to the nation's financial ecosystem.