Also known as: International Finance Corporation
International Finance Corporation (IFC) — private sector arm of the World Bank Group that convenes development partners and funds projects in Ghana including agribusiness, hospitality, and family business governance initiatives.
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Joy Online
The Managing Director of the International Finance Corporation (IFC), Makhtar Diop, will visit Ghana from September 15 to 17, 2026, to engage government and private sector leaders on ways to increase private investment and support the country’s development priorities. …
IFC Managing Director Makhtar Diop to visit Ghana for investment talksThe Ghanaian Times
… Mr Taliercio said a 2019 International Finance Corporation (IFC) study found that only 22 per cent of adolescent boys and eight per cent of adolescent girls had relevant Information and Communication Technology (ICT) skills, despite more than 60 per cent of jobs requiring at leas …
Invest more in foundational learning — Haruna IddrisuJoy Online
… In 2024, the International Finance Corporation announced a partnership with Access Bank Ghana involving a risk-sharing facility designed to increase lending to SMEs, including women-owned businesses and enterprises in sectors such as agriculture, health, education and green activ …
US$4.8bn SME financing gap exposes Ghana’s credit challenge — A call for swift implementation of open banking, open finance reformsJoy Online
… The dispute stems from a loan obtained from the International Finance Corporation (IFC) by Kensington Residential Partners 1 Ltd, a company in which Nana Kwame Bediako and Azad Cola hold shares. …
Court dismisses Nana Kwame Bediako’s fresh bid to halt $14.9m judgmentJoy Online
… Following default, IFC called on Cola Holdings as guarantor to settle the loan, which Cola Holdings did. …
Cheddar’s application thrown out, High Court awards GH¢20,000 costs against him in Cola Holdings caseThe Ghanaian Times
… Data from the International Finance Corporation highlights this shift, projecting that green buildings and eco conscious developments will account for over 20 per cent of total building floor space in Accra. …
From backyard trays to big business: How Ghana’s green gold starts in a plastic cupJoy Online
The International Finance Corporation (IFC), a member of the World Bank Group, has convened development partners working across Ghana’s environmental, social and governance (ESG) ecosystem to strengthen collaboration, improve coordination and accelerate the adoption of sustainabl …
IFC convenes development partners to strengthen ESG collaboration and sustainability impact in GhanaDaily Guide
… It has partnered with the International Finance Corporation, DHL Group, Deloitte Ghana and Birmingham City University to provide businesses with advisory services, trade opportunities, capacity-building programmes and international networks. …
Access Bank Ghana Honoured At Euromoney AwardsJoy Online
… Management explained that the project was financed through shareholder capital and a loan from the International Finance Corporation (IFC), but the COVID-19 pandemic disrupted operations after the hotel opened in December 2019, affecting its ability to service the facility. …
Oxford No. 1 Hotel rejects receivership claims, says facility remains under management’s controlJoy Online
… Management explained that the hotel, which opened in December 2019, was financed through shareholder equity and a facility from the International Finance Corporation (IFC). …
Oxford No. 1 Hotel urges public to ignore reports of receiver takeoverMakhtar Diop, Managing Director of the International Finance Corporation, will visit Ghana from September 15 to 17, 2026, to engage government and private sector leaders on increasing private investment and supporting the country's development priorities, with focus on agribusiness, education, youth employment, renewable energy and the creative economy.
15 hours ago · Joy Online →
Makhtar Diop, Managing Director of the International Finance Corporation, will visit Ghana from September 15 to 17, 2026, to engage government and private sector leaders on increasing private investment and supporting the country's development priorities, with focus on agribusiness, education, youth employment, renewable energy and the creative economy.
15 hours ago · Joy Online →
Education Minister Haruna Iddrisu has called for increased investment in foundational learning—particularly literacy and numeracy—to improve outcomes, noting that expanded access alone does not guarantee children are acquiring expected knowledge and skills at their grade levels. He cited an Auditor-General's report showing about 10,700 public basic schools across 13 regions, with more than three million pupils combined, lack adequate classrooms.
20 August 2026 · The Ghanaian Times →
Ghana's small and medium-sized enterprises face a US$4.8 billion annual financing gap, despite progress in digital payments and fintech. The Bank of Ghana has published a Draft Open Banking Directive to help address the credit challenge by enabling secure financial information sharing between businesses and lenders.
18 August 2026 · Joy Online →
Ghana's High Court (Commercial Division 3) has dismissed an application by Nana Kwame Bediako seeking to restrain Cola Holdings Ltd from enforcing a $14.9 million judgment against him, originating from an English High Court ruling dated January 23, 2025. The court awarded GH¢20,000 in costs against Bediako in favour of Cola Holdings.
16 August 2026 · Joy Online →
Ghana's High Court dismissed businessman Nana Kwame Bediako's (alias Cheddar) application to restrain enforcement of a $14.9 million English High Court judgment by Cola Holdings Limited, and awarded costs of GH¢20,000 against him. The judgment, registered in Ghana in May 2025, stems from a Deed of Indemnity related to a loan repayment obligation.
11 August 2026 · Joy Online →
Ghana's fruits and vegetables sector is forecast to reach 6.01 billion dollars in 2026, driven by expanding urban populations and middle-class demand for fresh, locally sourced produce. Small-scale gardening—from veranda seedlings to container plots—has shifted from a household hobby into a major commercial opportunity for vendors with minimal land or capital.
7 August 2026 · The Ghanaian Times →
The International Finance Corporation brought together development partners including the World Bank Group, GIZ, KfW, UNDP, and SECO to strengthen collaboration on environmental, social and governance initiatives and accelerate sustainable business practices in Ghana's private sector.
27 July 2026 · Joy Online →
Access Bank Ghana has won Best Bank for Consumer Lending and Best Bank for SMEs at the Euromoney Awards for Excellence 2026. The awards are part of 16 honors secured by the Access Bank Group across its African operations this year, recognizing the bank's expanded lending portfolio and support for individuals and small businesses.
24 July 2026 · Daily Guide →
Oxford No. 1 Hotel management has rejected claims that a receiver appointed by Cola Holdings Ltd has taken over the facility, stating it remains under the control of Kensington Residential Partners 1 Limited. Management alleged that director Azad Cola, through Cola Holdings Ltd, claimed to have settled the hotel's International Finance Corporation loan and demanded reimbursement, but has not produced evidence of full repayment.
24 July 2026 · Joy Online →
Oxford No. 1 Hotel management has rejected reports of a court-appointed receiver takeover, stating the facility remains under the control of owner Kensington Residential Partners 1 Limited and continues normal operations. The hotel's directors and management say they remain in charge while legal processes related to a dispute with a co-director over loan settlement continue.
23 July 2026 · Joy Online →
The A&C Mall's founder, Dr Andrew Asamoah, secured financing from the International Finance Corporation (IFC), the private sector arm of the World Bank Group, after completing the first three phases without support from local banks. He credited the IFC partnership, which has lasted about eight years, with providing not only capital but also ideas, consultants, and strategic guidance that shaped the project's continued development.
23 July 2026 · Joy Online →
Access Bank Ghana Plc has been named Best Bank for Consumer Lending and Best Bank for SMEs at the Euromoney Awards for Excellence 2026, part of 16 awards won by the Access Bank Group across its African operations.
23 July 2026 · Joy Online →
The Commercial Division of the High Court in Accra granted a warrant of police assistance to Cola Holdings Limited and its Receiver to take possession of No. 1 Oxford Street Hotel in Osu after the court found they had been unable to obtain possession peacefully. The order was issued by Justice Samuel Faraday Johnson on July 21, dismissing opposition from Kensington Residential Partners 1 Limited.
22 July 2026 · Joy Online →
At the fourth International Finance Corporation Family Governance Workshop in Accra, stakeholders urged family-owned businesses in Ghana and across Africa to strengthen governance structures and institutionalise succession planning to enhance long-term competitiveness and preserve wealth across generations. The workshop examined strategies for business continuity, leadership transition, and sustainable value creation, with participants noting that while family enterprises form the backbone of Africa's private sector, many struggle to survive beyond the founding generation due to weak governance frameworks and informal management systems.
2 July 2026 · Daily Guide →
The Bank of Ghana has launched a national Sustainable Finance Roadmap to coordinate financial sector regulation and strengthen resilience to climate-related risks, following recent flooding in Accra. BoG Governor Dr. Johnson Pandit Asiama notes the framework marks a shift toward unified regulatory oversight across banking, insurance, pensions and capital markets, treating climate change as a financial stability concern alongside an environmental one.
2 July 2026 · Business & Financial Times →
Ghana's Ministry of Finance has applied to the Bank of Ghana for a licence to establish a Women's Development Bank as part of a financial inclusion initiative. The move has reopened debate over whether a new bank is needed, though proponents see it as addressing women entrepreneurs' limited access to finance.
1 July 2026 · Business & Financial Times →
The Bank of Ghana has launched a national Sustainable Finance Roadmap to coordinate financial sector regulation, strengthen resilience to climate-related risks, and attract global capital for climate and sustainable development projects. Governor Johnson Pandit Asiama stated that sustainable finance is central to financial stability and long-term investment, as climate change poses direct financial risks to asset values, lending and the broader financial system.
1 July 2026 · Business & Financial Times →
The Bank of Ghana reports that the country's banking sector has achieved 73 percent industry-wide compliance with the Sustainable Banking Principles as of September 2025, with all 23 chief executives of commercial banks having voluntarily endorsed the principles and committed to incorporating sustainability into their governance and risk management systems.
30 June 2026 · Joy Online →
The International Finance Corporation has called for stronger collaboration among development partners to accelerate the adoption of environmental, social and governance standards that promote sustainable private sector growth and economic development in Ghana. The appeal was made during an ESG Roundtable that brought together representatives from the World Bank Group, GIZ, KfW, UNDP, and other organisations working in Ghana's ESG landscape to exchange ideas and improve coordination.
30 June 2026 · Daily Guide →
The Governor of the Bank of Ghana has called for stronger collaboration among Ghana's financial regulators, stating that climate and sustainability risks have become systemic challenges that no single institution can manage alone. He stressed that sustainable finance is a key pillar of financial stability and economic resilience, requiring coordinated responses across banking, insurance, securities, and pensions sectors.
30 June 2026 · Joy Online →
The International Finance Corporation held its fourth Family Governance Workshop in Accra, bringing together family business leaders and governance experts to discuss succession planning, leadership transitions, and governance frameworks that strengthen long-term business sustainability and wealth preservation across generations.
30 June 2026 · Joy Online →
Karpowership Ghana Company Limited received the Best Environmental Protection Campaign Award and the Best Company in Environmental Management Practices Award at the 2026 Health, Environment, Safety and Security (HESS) Awards, recognising its environmental stewardship, regulatory compliance, and sustainable business practices.
29 June 2026 · Joy Online →
The International Finance Corporation has brought together development partners across Ghana's environmental, social and governance ecosystem to strengthen collaboration and accelerate adoption of sustainable business practices. The ESG Roundtable for Development Partners involved representatives from the World Bank Group, GIZ, KfW, UNDP, SECO and other organisations to exchange insights and explore partnership opportunities.
29 June 2026 · Business & Financial Times →
The International Finance Corporation warns that succession planning and governance gaps pose a critical risk to family-owned businesses globally, particularly in Africa, where many firms struggle to transition leadership from founders to the next generation. Key challenges include successors lacking preparedness and skills, and founders' reluctance to relinquish leadership roles due to emotional attachment to their businesses.
26 June 2026 · Business & Financial Times →
The International Finance Corporation has called on Ghanaian family-owned businesses to strengthen succession planning and governance structures, warning that many fail during leadership transitions because successors are often inadequately prepared and founding leaders reluctant to relinquish control.
25 June 2026 · Joy Online →
The World Bank says Ghana's economic future depends on urgent youth job creation and a smooth transition from education to work. At the 2026 Africa West and Central Youth Forum on Jobs in Accra, the World Bank's Operations Manager for Ghana urged stronger collaboration between government and the private sector to scale up youth enterprises into sustainable businesses.
25 June 2026 · Joy Online →
The World Bank has cautioned that Ghana risks undermining its long-term economic growth unless urgent steps are taken to create jobs for young people and ease the transition from education to employment. The institution stressed that coordinated action from both public and private sectors is needed to support youth-led enterprises.
24 June 2026 · The Chronicle →
The World Bank stated that Ghana possesses strong foundations for job creation and economic opportunities for young people, but noted that SMEs continue to face constraints from limited access to finance, market opportunities, practical skills, mentorship, and digital tools.
23 June 2026 · The Ghanaian Times →
A governance expert has submitted a policy proposal to Ghana's government urging it not to renew Gold Fields Ghana's mining lease over the Tarkwa Gold Mine when it expires in 2027, instead proposing the state assume sovereign majority ownership of the mine. The proposal comes as Gold Fields has applied for a 20-year extension, which has drawn opposition from civil society groups and academics.
22 June 2026 · Joy Online →
Ghana's Company Secretaries' Summit and Awards 2026 is scheduled for 16 July at Labadi Beach Hotel in Accra, expecting about 200 participants including company secretaries, governance practitioners and corporate leaders. The one-day event will feature discussions on contemporary governance issues and an awards ceremony to recognise excellence in governance practice.
10 June 2026 · Joy Online →