The Bank of Ghana has announced plans to introduce an electronic currency, e-Cedi, to enhance digital financial services in Ghana.

Governor of the Bank of Ghana, Dr. Addison, said the e-Cedi initiative will promote digitisation in the financial sector.

“The Bank of Ghana is also in discussion with key stakeholders to explore a pilot project on the central bank digital currency with the possibility of issuing the e-Cedi in the near future.

He added that, the opportunities of digitizing financial service are enormous and can be explored effectively to scale up financial access for Ghana’s economic transformation agenda.

He however mentioned that, his outfit will strengthen its monitoring and regulatory works to protect the general public.