Support Programs

Institutionalization

A board oversees the initiative. A secretariat runs it. Three committees decide accreditation, coaching, and investment finance.

The dedicated institutional setup has five parts.

  • A multi-stakeholder oversight board: 4 government agencies, 3 business associations, 2 impact investing networks, 2 business facilitators, 3 IB/IGB companies rotating, and 3 development partners rotating.
  • A secretariat chaired by AGI and co-chaired by MoTAI. The secretariat coordinates and initiates IB/IGB support. The board has met twice, in May 2025 and April 2026. The next meeting is planned for early 2027.
  • Three coordination committees, deciding on IB/IGB accreditation, on Impact-Drives-Return business coaching, and on IB/IGB investment financing.
  • Champions and focal points inside the stakeholder institutions.
  • Guidelines, prepared by the secretariat, for clarifying IB/IGB and for implementing the support programs.

Who sits where

The oversight diagram gives the working composition. Government members of the board are drawn from MoF (alternate), MoTAI (chair) and GEA. Business associations are drawn from AGI (alternate) and GNCCI (chair). Impact investors are VCTF and IIGh. Business facilitators are GHN and GCYE. Three companies with IB/IGB business lines rotate annually, representing income, living standards, and environmental and climate results. Development partners are GIZ, EC and the World Bank, all rotating. Financing partners may also be reflected on the board.

The accreditation committee brings together AGI, GCYE, CAG and SEGh with MoTAI, GEA, MoFA and MESTI. The investment committee brings together VCTF, MoF, IIGh and GVCA (GIPC). The IDR coaching committee brings together GHN, GCYE, AGI, GEA, ESO, GCIC and SEGh. An IB Center sits in the arrangement beside the committees. The named people on the IDR committee are listed on the IDR-BCM page.

Diagram of the IB/IGB oversight board, secretariat, accreditation committee, IDR committee, RRSIF investment committee, focal points, and the companies and partners that implement the initiative.
Chart 6a. The institutional setup of the IB/IGB initiative in Ghana
Logos and seats for the oversight board, the secretariat of AGI, MoTAI and the initiative mark, the RRSIF committee, the accreditation committee, and the IDR business-coaching committee.
Chart 6b. Organizations represented in the board, the secretariat, and the accreditation, IDR and RRSIF committees

Champions

Chart 7 names the wider group of institutional champions. “Others” on the chart means the list is not closed.

Business associations

AGI, GCYE, GNCCI, CAG, SEGh, others

Government

MoTAI, MoF, GEA, GIPC, MoFA, MESTI, 24HS, MoLE, others

Impact investors

IIGh, IFC, CiGaba Fund, GAIN, GVCA, Injaro Capital, IP, Karuma, LEAP, Mastercard Foundation, Mirepa Capital, Oasis Capital, Risa Fund, UNCDF, VCTF, Yaro, Wangara Capital, Zinari, others

Business facilitators

IBC, GHN, ANDE, CEED, SNV, CDC, ESO, Grow for me, Growth Africa, IDR Trade, InnoHub, Jokoem Innovation Hub, Noni Hub, PWC, Scale-up Africa, Swiss Contact, Wan Hive, others

Companies

Adwinsa, Antika, Baobac Finance, B-Diet, Benzo Oil, Coliba, Guinness, HJA, Hope Givers, Knoxxi Health, mPharma, MaaGrace, MoringaConnext / True Farms, Pentecost Press, Rockland Farms, RockFarm, Rujo, Sinapi Aba, ThirdWell, Trashy Bags, Vision Fund, WashKing, YomYom, Zuriel, others

Development partners

AfDB, AfD, Canada, DANIDA, EU, EF, FCDO, GIZ, ILO, IFAD, JICA, KOICA, RVO, SDC, UNIDO, World Bank, others

Six groups of champions: business associations, government, impact investors, business facilitators, companies, and development partners.
Chart 7. Partners and stakeholder champions in the IB/IGB initiative in Ghana