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Home»Business»BoG seals capacity-building agreement with Liberian counterpart
Business

BoG seals capacity-building agreement with Liberian counterpart

Ghana NewsBy Ghana NewsFebruary 21, 2026No Comments2 Mins Read
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Matilda Asante-Asiedu is the Second Deputy Governor for the Bank of Ghana Matilda Asante-Asiedu is the Second Deputy Governor for the Bank of Ghana

The Bank of Ghana and the Central Bank of Liberia have formalised a strategic partnership aimed at capacity building and technical assistance.

This announcement was made during a formal event held at the Farmington Hotel in Monrovia, Liberia, on February 13, 2026.

The ceremony, attended by dignitaries and officials, marked a significant step in strengthening the relationship between the two central banks.

Matilda Asante-Asiedu, Second Deputy Governor of the Bank of Ghana, delivered a speech on behalf of Governor Dr Johnson Pandit Asiama, who was unable to attend.

She conveyed warm greetings and emphasised the importance of the partnership, stating, “This Memorandum of Understanding (MoU) represents our collective commitment to delivering effective technical assistance, advancing capacity-building initiatives, and providing mutual support in key areas of central banking operations.”

She highlighted the mutual respect and shared aspirations that have characterised the relationship between the two institutions.

The signing of the MoU underscores a long-standing relationship characterised by mutual respect and common goals.

The MoU encompasses a wide range of critical areas essential to modern central banking, including macroeconomic forecasting, monetary policy analysis, reserve management, bank supervision, anti-money laundering measures, the application of artificial intelligence, central bank communication strategies, and the exploration of central bank digital currencies and cryptocurrencies.

Additionally, the partnership aims to promote knowledge transfer, technical cooperation, and institutional development.

“These areas reflect not only the traditional pillars of central banking but also the innovative frontiers that will define the future of our institutions and the economies we serve,” Asante-Asiedu emphasised.

This comprehensive approach aims to also foster innovation and address the evolving challenges within the financial sector.

Matilda Asante-Asiedu emphasised that this partnership is built on the principle that collective strength surpasses individual capabilities.

The structured framework established through the MoU is expected to facilitate knowledge transfer, technical cooperation, and institutional development, benefiting both central banks.

The Bank of Ghana said it looks forward to continued support in ensuring the success of this strategic partnership.

Asante-Asiedu concluded with a call for ongoing support to ensure the success of this strategic alliance, expressing hope that it “will strengthen our institutions and further advance the shared prosperity of our two nations.”

NAD/AE

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