IFC — the private sector arm of the World Bank Group, provides financing and business advisory support to companies and convenes development partners on sustainable business practices in Ghana.
… BoG subsequently introduced a compliance assessment framework in 2021 with support from the International Finance Corporation (IFC) and Swiss State Secretariat for Economic Affairs (SECO). …
… The Governor explained that in 2021, the Bank of Ghana, with support from the International Finance Corporation (IFC) and the Swiss Secretariat for Economic Affairs (SECO), developed a standardised framework to assess compliance with the Sustainable Banking Principles. …
IFC officials and other stakeholders present at the ESG Roundtable The International Finance Corporation (IFC), a member of the World Bank Group, has called for stronger collaboration among development partners to accelerate the adoption of environmental, social and governance (E …
… With support from the International Finance Corporation (IFC) and Switzerland’s State Secretariat for Economic Affairs (SECO), the Bank later introduced a framework to assess compliance, with industry-wide implementation reaching an average of 73 percent by September 2025. …
… can strengthen long-term sustainability, preserve wealth across generations and expand their contribution to economic growth through stronger governance frameworks and structured succession planning, participants at the fourth edition of the International Finance Corporation (IFC …
… The company complies with the requirements of the Environmental Protection Agency (EPA), the Ghana Standards Authority (GSA), the International Finance Corporation (IFC), and the International Convention for the Prevention of Pollution from Ships (MARPOL), ensuring that its opera …
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 …
… urges stronger governance structures By Juliet ETEFE (Juliet.etefe@thebftonline.com) The International Finance Corporation (IFC) has warned that weak succession planning and governance gaps are putting the survival of family-owned businesses at risk, calling for stronger struct …
The International Finance Corporation (IFC) has called on family-owned businesses to strengthen succession planning and governance structures to ensure their sustainability and long-term survival. …
… Ms Keane said that the International Finance Corporation (IFC), the World Bank Group’s private sector arm, was working with financial institutions and businesses to expand access to finance, support SMEs and stimulate job creation at scale. …
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Ghana's governance professionals will converge at the Labadi Beach Hotel in Accra on July 16 for the Company Secretaries' Summit and Awards, a full-day programme featuring keynote addresses, panel discussions, and an awards ceremony focused on boardroom dynamics, regulatory compliance, digital transformation, and stakeholder expectations.
An opinion piece argues that Ghana's restored macroeconomic stability—including Cedi appreciation, 3.3% inflation, 6% GDP growth, and 45.3% debt-to-GDP ratio in 2025—creates the foundation for a structured partnership between government and business to drive economic transformation.
Ghana has signed a $1.5 billion AgriConnect Compact with the World Bank, IFAD, IFC, and other development partners to transform its agriculture sector. The compact is expected to create more than 2.6 million jobs over five years while improving food security and strengthening agribusiness.
Ghana's National Vaccine Institute is seeking partnerships with investors including Ghana Exim Bank, Afreximbank, and the International Finance Corporation to fund local vaccine manufacturers, as GAVI funding ends in 2030 and Ghana will need to fund vaccines locally at about $50 million in four years. The NVI has signed a tech transfer agreement with PT Biopharma of Indonesia for tetanus-diphtheria vaccine manufacturing locally by 2027.
President Mahama's government aims to develop world-class sports infrastructure amid fiscal constraints and rising public debt. Morocco's structured PPPs offer lessons for Ghana in building a sustainable, commercially viable sports ecosystem through partnerships rather than government-led delivery alone.
Corporate governance is a strategic driver of value creation and exit readiness in private equity. Ghana's PE market, where exit routes remain limited, has recorded 51 total exits with 77.3% occurring between 2019 and 2023, mostly through strategic buyers.