New Cedi notes represent Ghana’s shared national heritage beyond politics – Mahama

President John Dramani Mahama says Ghana’s new Heritage Series banknotes reflect the country’s shared history and identity, stressing that the national currency should be viewed as a symbol that unites citizens rather than divides them along political lines.

He said the Cedi carries significance beyond its function as a medium of exchange, serving as a reminder of the country’s collective heritage and shared responsibilities.

“The cedi knows no political parties. Its usefulness rests on the confidence that we Ghanaians place in it,” he said.

President Mahama made the remarks on Thursday, November 12, during the official launch of the new banknotes at the Bank Square in Accra.

He explained that the name of the currency itself is rooted in Ghana’s history, tracing it to the Akan word for cowry shells, which were used by communities as a medium of exchange before the introduction of modern currency.

“Long before the currency we know today, our forebears traded in cowries. From the markets of Salaga to communities along the coast, the cowries enabled the exchange of goods, including salt, cloth, and pollen,” he said.

The President also drew on the symbolism of traditional brass weights used in gold trading, particularly the image of two crocodiles sharing one stomach, to emphasise how individual decisions can affect the wider society.

“That lesson of the crocodiles remains relevant in Ghana today. We may approach questions from different perspectives, but the consequences of our choices extend beyond ourselves,” he stated.

He said the historical and cultural symbols featured on the new notes would help preserve Ghana’s identity and encourage younger generations to learn more about the country’s past.

“History belongs to our classrooms and museums, and it also deserves a place in our everyday lives,” he said.

President Mahama further described the currency as a representation of Ghana to the international community, saying its design could introduce visitors to the country’s history and cultural heritage.

“In that sense, our currency serves as a quiet ambassador for our nation,” he added.

The new banknotes were launched under the theme, “The Cedi, Our Future: Secure, Designed to Last.”

They feature enhanced security specifications and reinforced cotton paper intended to improve durability, while the existing notes will remain in circulation during a gradual transition.