JUST IN: 🇬🇭🇨🇳 Ghana launches cedi-to-yuan payment system for imports from China, reducing reliance the US dollar.
• Stanbic Bank Ghana is piloting the cedi-to-yuan payment system, with Ghana Commercial Bank developing a similar service.
• Payments are processed through China's Cross-Border Interbank Payment System (CIPS), enabling direct yuan payments from cedi accounts.
• This system reduces the need for US correspondent banks, cutting costs and processing times for China-related transactions.
Have you ever heard Ghana's national anthem sung in a local language? I present to you this rendition by Mawuli School's Peace Choir, performed last Tuesday at the 2026 Anti-Corruption Day and Public Forum at the Asogli Palace in Ho.
Haviwo!
Justice has no borders. The United States has extradited Sedina Tamakloe Attionu to Ghana, following her conviction on 70+ corruption-related charges, including embezzling more than $6M equivalent in Ghanaian taxpayer funds. This is our strong U.S.-Ghana law enforcement partnership in action demonstrating a shared commitment to accountability, and the first extradition from the United States to Ghana since 2009. #USinGhana @GhanaMFA