Bank of Ghana Unveils Plans For National Remittance Strategy To Boost Capital Inflows

Quadri Adejumo
By
Quadri Adejumo
Senior Journalist and Analyst
Quadri Adejumo is a senior journalist and analyst at Techparley, where he leads coverage on innovation, startups, artificial intelligence, digital transformation, and policy developments shaping Africa’s...
- Senior Journalist and Analyst
6 Min Read

The Bank of Ghana is preparing to launch a National Remittance Strategy alongside a Remittance Roadshow, signalling a concerted effort to deepen financial markets, enhance foreign exchange inflows, and transform diaspora remittances into long-term investment capital.

The initiatives, to be developed in collaboration with the Ministry of Finance, come amid heightened global economic uncertainty and pressures on capital flows, highlighting the need to leverage the Ghanaian diaspora as a stabilising force for the domestic economy.

The interventions were announced by Dr Johnson Asiama, Governor of the Bank of Ghana, at the London–Accra Economic Growth Summit, held at the Bank Square in Accra on Tuesday, 6th January 2026.

“Over the course of this year, we will be rolling out targeted interventions, including the development of a National Remittance Strategy in close collaboration with the Ministry of Finance, as well as a Remittance Roadshow to advance inclusive, continent-wide engagement with our diasporans,” Dr Asiama said.

What You Need to Know 

The Governor underscored the growing importance of the Ghanaian diaspora in an increasingly volatile global economic environment, describing it as both a stabilising and catalytic force for Ghana’s economy.

Dr Asiama highlighted the London–Accra corridor as a key focus for the Bank, noting that stronger engagement with the British Ghanaian diaspora could convert ideas, innovation, and capital into shared prosperity.

The Governor emphasised that the Remittance Roadshow would complement the National Remittance Strategy by providing direct engagement with diasporans, facilitating investment opportunities, and encouraging structured, long-term contributions to the Ghanaian economy.

Turning Remittances Into Investment Capital

Ghana receives significant inflows from its diaspora each year, yet much of this capital is traditionally used for consumption rather than investment.

The Bank of Ghana’s new strategy seeks to channel these funds into productive sectors, supporting sustainable development, infrastructure, and broader economic growth.

By formalising remittance channels and creating targeted engagement initiatives, the Bank aims to enhance transparency, reduce transaction costs, and encourage diaspora participation in the country’s financial and capital markets.

The rollout of the National Remittance Strategy and the Remittance Roadshow reflects a broader agenda of financial market deepening, aligning with Ghana’s commitment to sustainable economic growth and diaspora inclusion.

The Bank of Ghana plans to provide further details on the initiatives in the coming months, signalling a more structured and strategic approach to leveraging diaspora resources as a key driver of national development.

What This Means

Industry leaders say the launch of the National Remittance Strategy and the Remittance Roadshow signals a more proactive approach by the Bank of Ghana to harness the economic potential of its diaspora.

By creating structured channels for engagement, the Bank aims to transform remittances from short-term consumption flows into long-term, productive capital that can support investment and economic growth.

For Ghanaian households and businesses, this could mean easier access to capital, more transparent remittance processes, and reduced transaction costs. Formalising remittance channels allows families to receive money more reliably while giving businesses opportunities to attract funding from diasporans interested in local investment and enterprise.

On a macroeconomic level, these initiatives are likely to strengthen foreign exchange reserves and enhance Ghana’s financial stability. By tapping into diaspora funds strategically, the country can mitigate the impact of external shocks on the local currency and create a more resilient financial system capable of sustaining growth even amid global volatility.

By providing avenues for investment, collaboration, and innovation, analysts say the Bank is signalling that diaspora engagement is central to long-term economic planning, potentially creating a culture of structured, impact-driven contributions that benefit both Ghana and its international communities.

Talking Points

It is notable that the Bank of Ghana is developing a National Remittance Strategy alongside a Remittance Roadshow, addressing a long-standing challenge of converting diaspora remittances into long-term investment capital.

These initiatives position remittances not just as short-term income, but as a practical source of funding for businesses, infrastructure, and financial market development, particularly in a context where global capital flows are under pressure.

At Techparley, we see how structured diaspora engagement can strengthen economic resilience, enabling Ghanaian households and enterprises to access foreign exchange more reliably while fostering cross-border innovation and investment.

However, there is still room to expand impact. The effectiveness of the strategy will depend on clear regulatory frameworks, accessible channels, and continued engagement with diasporans to ensure funds are channelled into productive sectors rather than just consumption.

As the strategy and roadshow roll out, we see opportunities for partnerships with financial institutions, diaspora organisations, and fintech platforms to accelerate adoption, deepen market reach, and embed remittance flows as a sustainable pillar of Ghana’s economic growth.

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Senior Journalist and Analyst
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Quadri Adejumo is a senior journalist and analyst at Techparley, where he leads coverage on innovation, startups, artificial intelligence, digital transformation, and policy developments shaping Africa’s tech ecosystem and beyond. With years of experience in investigative reporting, feature writing, critical insights, and editorial leadership, Quadri breaks down complex issues into clear, compelling narratives that resonate with diverse audiences, making him a trusted voice in the industry.
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