The Bank of Ghana (BoG) has moved to clarify how earnings from digital platforms are treated, confirming that income received by Ghanaian content creators is classified as service export proceeds under the country’s foreign exchange framework.
According to the central bank, payouts from platforms such as X and other global digital services fall within permissible inflows, meaning creators are allowed to receive their earnings through approved financial channels in Ghana.
The BoG explained that these funds can be paid into Foreign Exchange Accounts (FEA) held with local banks or converted and credited into Ghana cedi accounts, provided all transactions comply with existing regulatory requirements.
The clarification comes in response to growing concerns from content creators who have reported difficulties accessing their earnings. While acknowledging these complaints, the central bank noted that such challenges should not typically occur when transactions are processed correctly and in line with guidelines.
In response, the BoG says it is actively reviewing the situation and engaging relevant financial institutions to identify the root causes of the reported issues. The aim, it added, is to ensure a swift and effective resolution that allows creators to access their funds without unnecessary delays.
The central bank also emphasised its commitment to continuous engagement with affected stakeholders throughout the process, signalling a willingness to adapt where necessary to support Ghana’s growing digital economy.
Reaffirming its broader mandate, the BoG stated that it remains focused on maintaining a stable and enabling financial system, one that supports legitimate cross-border transactions, including the rising stream of income generated by digital content creators.
