Ghana’s Ministry of Finance held a high-level meeting with International Finance Corporation (IFC) Managing Director Makhtar Diop to strengthen cooperation and discuss a more targeted approach to IFC investment in Ghana, alongside priorities for mobilising private sector capital. The IFC indicated interest in focusing its investments on selected areas to improve productivity and economic returns, and raised Ghana’s diaspora as an underused resource for development. Finance Minister Cassiel Ato Forson called for deeper collaboration in infrastructure development and agriculture and reaffirmed the government’s focus on attracting private sector investment. Bank of Ghana Governor Johnson Asiama highlighted financial sector cooperation, including potential IFC support to stabilise and revitalise specialised deposit-taking institutions that are in recovery following sector-wide reforms. Forson also signalled that Ghana would welcome a follow-up visit by Diop to Accra.
Ministry of Finance (Ghana) 2025-04-26
Ghana’s Ministry of Finance meets the IFC to deepen cooperation on targeted investment and financial sector support
Ghana’s Ministry of Finance and the IFC discussed enhancing cooperation and targeting IFC investments in infrastructure, agriculture, and private sector capital mobilization. The IFC expressed interest in leveraging Ghana's diaspora for development and supporting financial sector stabilization. Finance Minister Cassiel Ato Forson and Bank of Ghana Governor Johnson Asiama emphasized the importance of collaboration.