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Ghana’s Vice President Mahamudu Bawumia has praised the innovative strides being made by players and stakeholders in its digital ecosystem, especially in the area of fintech. Speaking at the award ceremony for the first eCedi Hackathon competition hosted by the Bank of Ghana in partnership with EMTECH Solution Inc., Dr Bawumia expressed delight at the ongoing embrace of digital solutions to solve everyday problems. He encouraged the youth to engage more with technology.

The eCedi Hackathon brings together the brightest minds in technology and finance to explore the possibilities of a Central Bank Digital Currency (CBDC). The competition is designed to foster innovation, drive technological advancement, and develop solutions that will redefine the financial landscape in Ghana.

Dr Bawumia said the technological feats achieved so far validate the government’s decision to establish a solid foundation for the digital transformation of Ghana’s economy for inclusive development. He hailed the eCedi Hackathon as an example of how Ghana is making strides in the digital ecosystem, especially in fintech.

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