Ghana’s central banking community, financial industry leaders, and international partners converged in Accra today as the Bank of Ghana officially opened the two-day Cedi@60 International Currency Conference. The event, which marks six decades of the national currency, provides a platform to assess the Cedi’s evolution and to examine how it can remain resilient in an increasingly complex financial environment.
Addressing participants, Governor Dr Johnson P. Asiama described the anniversary as more than a ceremonial milestone, stressing that the Cedi remains deeply woven into the country’s socio-economic fabric. He reflected on the currency’s journey since its introduction, noting its role in shaping livelihoods and enabling economic activity across generations.
“For sixty years, the Cedi has moved with our people,” he remarked. “It has supported households in planning their futures, sustained enterprises in expanding their ambitions, and helped entire communities withstand difficult moments.”
Dr Asiama underscored that the conference is not only a celebration of history but also an opportunity to critically appraise the future of money in a rapidly digitising world. He said technological innovation, shifting payment behaviours, and global financial disruptions demand that central banks adopt more agile and forward-looking policies.
He reiterated the Bank of Ghana’s commitment to ensuring the Cedi remains fit for purpose, regardless of how it is accessed, physically or digitally. “Part of our mandate,” he noted, “is to guarantee that the Cedi continues to meet the aspirations of the youth, who are increasingly engaging with new financial tools and technologies.”
Participants are expected to deliberate on the durability of domestic currencies, the transition to digital payments, and strategies for nurturing public confidence in the financial system. The conference will also explore the future of central banking in Africa, including innovations that can bolster monetary stability and economic growth.
Stakeholders say the conversations are timely, especially as many African economies navigate exchange rate pressures, inflationary concerns, and the global push towards digital currencies. Ghana’s central bank has already initiated significant reforms in recent years, including modernising payment systems and piloting digital finance initiatives aimed at improving financial inclusion.
For many attendees, the Cedi@60 Conference offers a moment to reflect on how far the currency has come and to confront the challenges that lie ahead. As discussions continue, expectations are high that the gathering will chart a clear path for safeguarding the value, relevance, and integrity of the Ghanaian Cedi for future generations.
Author: Edem Latsu Nukafu
Edem Latsu Nukafu, a passionate communications professional dedicated to public relations, journalism, media strategy, and content development. He holds both a Diploma and Bachelor of Arts Degree in Communication Studies (Public Relations) from the University of Media, Arts and Communication – UniMAC-IJ. A member of Ghana Journalists Association (GJA).
