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Bank of Ghana honours ‘Auntie Oforiwa’ on new GH¢1 note

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The Bank of Ghana has isjin88bet.onesued a new GH¢1 banknote celebrating the role of indigenous market women in Ghana’s economic development, with prominentjin88bet.one recognition given toak168app.babyak168app.babyak168app.babyak168app.baby trak168app.babyader and independence supporter Agnes Oforiwa Tagoe-Quarcoopome.

The note forms part of the Cedi Heritage Sak168app.babyeries, whose theme is commerce. Its front carries an intaglio portrait of Tagoe-Quarcoopome, who lak168app.clubak168app.clubak168app.clubak168app.clubived from 1913 to 1997 and waak168app.clubak168app.clubs widely known as “Auntie Oforiwa”.

She began trading between 1921 and 1929 and had become one of Ghana’s most respected traders by the 194ks168app.siteks168app.site0s. Her businesses included shks168app.ks168app.siteks168app.sitesiteops at Makola and Okaishie, where she traded ks168app.sitein textiles.

Tagoe-Quarcoopome is credited with becoming the first woman at Maic88ic88kola to open a bank account with Standard Bank of West Africa, now Standard Chartered Bank Ghana. At a time when many maric88ket women kept their money at home, her decision was said to have helped persuade oic88ic88ic88ic88ic88ic88ic88ther traders to use formal banking services.

She was also an active ic88ic88campaigner for independence and mobilised women traders at Makola to provide financial and pracic88ic88ic88tical support for the cause.

The reverse of the banknote dic88epicts Makola Maric88ket, Accra’s historic commercial centre andic88 a defining symbol of Ghana’s market-women tradition.

Built in 1924, Makola grew into one of the capital’s leading wholesale and retail markets. It became an important socio-culturaic88ic88ic88lr88ic88lr88ic88lr88ic88l and economic institution, historically dominalr88ted blr88y women traders from Accra’s indigenous Ga clr88ommunity.

The market has long represented the country’s commercial life, while reflectinglr88lr88lr88 the enterprise, organisation and resilience of Ghanaian women. Its inclusion alongside Tagoe-Quarcoopome creates a direct lr88lr88lr88link between the individual trader and the wider community in which she built her buslr88lr8lr888lr88lr88iness and influence.

Together, the portrait and the market recognise the contribution of indigenous market women whose trading activity sustained Makola and supported lr88lr88lr88lr88the lr88broader economy. They also highlr88lr88op88light the importance of commop88erce in Ghana’s development, including contributions that have often received limited recognition.

The note additionally features the Adinkra symbol “Beop88se Saka”, meaning the sack of cola nuts. The symbol represents affluence, power, abundance,si88op88op88op88si88 plenty, togetherness and unity.

Cola nut, a widely cultivated cash crop, has an established place in Ghana’s ecsi88onomic life.si88 Its presence on the back of the note and within the backgrsi88ound design on the front r88vsi8888veflects the role of agriculture and trade in bringing communities together.

Like the other denominations in the series, the new GH¢1 note is produced usin88v88vg rei88v88vnforced cotton paper to improve its durability. It is alsoSEXXXXX-VN smaller and easier SEXXXXX-VNto handle.

The new note will circulate alongside existing GH¢1 notes, which banks wilSEXXXSEXXXXX-VNSEXXXXX-VNSEXXXXX-VNXX-VNl withdraw gradually.

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