Tag: Bank of Ghana
Over $14.6m, £2.4m, and GH₵167.8m found in dormant accounts at BoG
The Institute for Liberty and Policy Innovation (ILAPI) has revealed that the Bank of Ghana (BoG) currently holds a substantial sum in three currencies-...
Combatting financial fraud: Kenyan banks employ AI to monitor employees, wither...
Kenyan banks are increasingly employing artificial intelligence (AI) to monitor their employees as part of a comprehensive strategy to combat fraud in the sector....
BoG Governor lauds establishment of local gold refineries as a boost...
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has hailed the establishment of Royal Gold Ghana Limited (RGGL), a local gold...
Flutterwave gets Payment Service Provider License in Ghana
Flutterwave, a leading payments technology company, has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana.
The milestone...
BoG refutes claims it could not account for $11.6 billion remittances
The Bank of Ghana has totally dismissed unlearned claims that it could not account for $11.6 billion worth of foreign remittances over the last...
Mobile money ecosystem grows over 180% after e-levy reduction
Statistics published by the Bank of Ghana indicates that Ghana's mobile money ecosystem has grown by a significant 186% between November 2022, when e-levy...
FOREX barrier broken as Brij Technologies demonstrates currency swap at 3i...
At the just-ended 3i Africa Summit in Accra, where central bank governors, multilateral institutions, investors, and innovators convened to unleash Africa’s digital and fintech economic...
BoG urged to make Head of Fintech and Innovation Third Deputy...
Founder and CEO of Edel Technology Consulting, Ethel Cofie has called on the Bank of Ghana to promote its Head of Fintech and Innovation,...
BoG announces successful use of eCedi in cross-border transaction
Director of Fintech and Innovation Office at the Bank of Ghana, Kwame Oppong, has announced the successful execution of a cross-border transaction payment making...
Lack of investment stifling Fintech growth in Africa – BoG Governor
The Governor of the Bank of Ghana, Dr. Ernest Addison has said that lack of invest and access to funding is stifling the growth...