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Bank Of Ghana Introduces New GHC5 Note

The Bank of Ghana is set to release the new GHC5 denomination to mark the 60th Anniversary of Ghana’s independence.

The new note has some key distinctive security features to help to distinguish it from counterfeits. It would be in circulation from March 7, which is a day after the Independence Day.

The note would be made accessible and also detectible by persons who are visually impaired.

The note portrays the image of Ghanaian missionary and educationist, Dr James Emman Kwegyir Aggrey, one of the apostles of education in the then Gold Coast.

Ghanaians are familiar with this quote used by gender activists – “The surest way to keep people down is to educate the men and neglect the women. If you educate a man you simply educate an individual, but if you educate a woman, you educate a whole nation”. This was made by Dr Aggrey, being that he believes in people getting educated, no matter their gender.

Dr. Aggrey was also the first vice Principal of Achimota College. He died on July 30, 1927.

His picture replaces the picture of the big six on the new GHC5 note.

Also, the reverse of the note has pictures of the FPSO Kwame Nkrumah representing Ghana’s new revenue earner – the oil – as well as cocoa

August 15, 2017

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