Mahamudu Bawumia, the Vice President of Ghana, while addressing guests in Accra at the Opening Ceremony of the Ghana International Trade and Finance Conference (GITFIC), praised the Central Bank’s CBDC Initiative. Bawumia explained how digital currencies allow African countries to carry out cross-border payments efficiently. Emphasizing further, Bawamia said, digital currencies are alternatives that have the potential of enhancing intra-African trade.