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Bank of Ghana to pilot CBDC with German securities printing firm G+D

Bank of Ghana to pilot CBDC with German securities printing firm G+DBank of Ghana to pilot CBDC with German securities printing firm G+D

The Bank of Ghana (BoG) is making another step towards the development of a central bank digital currency (CBDC) by partnering with a German currency technology provider.

The BoG officially announced Wednesday that it signed an agreement with German banknote and securities printing company Giesecke+Devrient (G+D) to pilot a retail CBDC in Ghana, West Africa.

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