In opening remarks at a maiden Diaspora Remittance Roundtable in the Washington DC–Maryland–Virginia area, the Bank of Ghana set out its approach to converting remittance inflows into formal foreign exchange and investment-oriented diaspora capital through the financial system. The Governor framed the initiative as a structured engagement with Ghana’s diaspora, particularly in the United States, Ghana’s largest remittance source. Remittances were reported at approximately USD 4.6 billion in 2024 and nearly USD 7.8 billion by end-2025, around six per cent of GDP and exceeding foreign direct investment. Recent policy actions have focused on enhancing formal remittance capture, strengthening transparency in the foreign exchange market, supporting digital cross-border payment systems, and improving the integrity, quality and reporting of remittance data. The Bank said it is exploring diaspora bonds and structured investment vehicles, promoting foreign-currency-denominated investment products through supervised industry players, and leveraging fintech partnerships to reduce remittance costs and settlement frictions, including digital ledger and tokenisation-based models within a regulatory and supervisory framework. The roundtable is intended to surface bankable diaspora investment opportunities, co-create diaspora financial solutions and clarify regulatory constraints affecting cross-border flows, with expected outputs including policy and regulatory recommendations. The Bank of Ghana also signalled further work to develop targeted diaspora instruments, strengthen digital payment ecosystems for diaspora onboarding, institutionalise regular diaspora engagement, and enhance data systems for tracking and leveraging remittance flows.
Bank of Ghana 2026-04-19
Bank of Ghana launches maiden diaspora remittance roundtable and outlines shift to investment-focused flows as 2025 remittances near USD 7.8 billion
The Bank of Ghana outlined its strategy to channel growing remittance inflows into formal foreign exchange and investment-oriented diaspora capital at a Diaspora Remittance Roundtable in the Washington DC–Maryland–Virginia area. It highlighted measures to enhance formal remittance capture, transparency and data quality, and is exploring diaspora bonds, structured investment vehicles, foreign-currency products and fintech partnerships, including tokenisation-based models, within a regulatory framework. The roundtable will identify bankable diaspora opportunities, co-create financial solutions, inform policy and regulatory adjustments, and develop targeted diaspora instruments and digital payment ecosystems.