In move to bolster Ghana’s financial sector, George Fosu, CEO of GARIA, led a GARIA delegation to the official launch of the Global Financial Infrastructure 2.0 (GFIP 2.0) Ghana Program. The event was organized by the Ghana Sub-Regional Office of the International Finance Corporation (IFC), with the support of the Swiss State Secretariat for Economic Affairs (SECO).
The highlight of the event was the signing of a Cooperation Agreement between the Office of the Registrar of Companies, the Bank of Ghana and the IFC. This partnership underscores a commitment to enhancing Ghana’s credit infrastructure.
IFC has a history of collaborating with the Government of Ghana and key stakeholders to develop a robust credit infrastructure. Their efforts aim to support private sector development and promote a financial inclusion framework. This includes credit information sharing, movable assets financing, warehouse receipts financing, and the resolution of distressed firms.
The GFIP 2.0 project is designed to strengthen Ghana’s emerging credit infrastructure, delivering tailored financial reforms to improve access to finance for underserved individuals and micro, small, and medium enterprises (MSMEs). This initiative represents a significant step forward in promoting economic growth and financial inclusion in Ghana.

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