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The Bank of Ghana (BoG) has reaffirmed its commitment to supporting the Central Bank of Liberia (CBL) through technical cooperation and knowledge sharing as the two institutions deepen collaboration on financial-sector development and payment systems.
The commitment followed a courtesy visit by a delegation from the Central Bank of Liberia, led by its Executive Governor, Henry F. Saamoi, to the Bank of Ghana’s headquarters in Accra on Thursday, October 1, 2026.
The engagement builds on a Memorandum of Understanding (MoU) signed by the two central banks earlier this year to promote capacity building, technical cooperation and the exchange of institutional knowledge.
Ghana, Liberia deepen central-bank partnership
The meeting was chaired by the Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, and provided an opportunity for both institutions to review areas of cooperation under the existing MoU.
The Liberian delegation expressed appreciation for the technical support provided by the Bank of Ghana and outlined areas where Ghana’s experience could support ongoing efforts to strengthen Liberia’s financial infrastructure.
Particular interest centred on Ghana’s development of payment systems and the institutional framework that supports the country’s digital financial ecosystem.
Liberia seeks lessons from GhIPSS
A major focus of the discussions was the Ghana Interbank Payment and Settlement Systems (GhIPSS), a key component of Ghana’s national payment infrastructure.
Officials from the Central Bank of Liberia sought insights into the processes and institutional arrangements involved in establishing and developing GhIPSS, as Liberia works to strengthen its own payment systems framework.
The discussions covered Ghana’s implementation experience and the lessons that could be applied to Liberia’s efforts to develop more efficient and resilient payment infrastructure.
For Liberia, strengthening payment systems is part of the broader task of improving financial-sector infrastructure and supporting the expansion of digital financial services.
BoG pledges continued technical support
Asante-Asiedu reiterated the Bank of Ghana’s willingness to continue supporting the Central Bank of Liberia through technical assistance, knowledge sharing and sustained institutional engagement.
She emphasised the role of peer learning and regional cooperation in strengthening the capacity of African financial institutions and developing more resilient financial systems.
The Second Deputy Governor also highlighted the importance of collaboration in promoting innovation and efficiency across the continent’s financial infrastructure.
The partnership provides both central banks with an avenue for exchanging practical experience as they respond to evolving requirements in payments, financial technology and financial-sector development.
Regional cooperation strengthens financial infrastructure
The latest engagement reinforces the growing relationship between the Bank of Ghana and the Central Bank of Liberia under their bilateral cooperation framework.
It also reflects broader efforts within the West African financial system to share institutional expertise and strengthen domestic financial infrastructure through regional partnerships.
For Liberia, lessons from Ghana’s experience with GhIPSS could inform the development of its payment systems architecture, while continued technical cooperation provides an avenue for capacity building as the country expands its digital financial ecosystem.
The two central banks’ collaboration therefore extends beyond knowledge exchange, with the partnership supporting a broader objective of developing efficient, innovative and resilient financial systems across the West African sub-region.
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