BoG, Central Bank of Liberia Seal Strategic Partnership for Capacity Building

The Bank of Ghana (BoG) has entered into a Strategic Partnership for Capacity Building and Technical Assistance Programme with the Central Bank of Liberia (CBL), aimed at strengthening collaboration and deepening institutional cooperation between the two central banks.

The partnership was formalised at a ceremony held at the Farmington Hotel on February 13, 2026.

Delivering remarks on behalf of the Governor of the Bank of Ghana, Second Deputy Governor Mrs. Matilda Asante-Asiedu described the agreement as a historic milestone in the longstanding relationship between the two institutions.

She conveyed warm greetings from the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, who was unable to attend the event, and reaffirmed Ghana’s commitment to strengthening regional cooperation in central banking.

According to her, the Memorandum of Understanding (MoU) reflects the shared aspiration of both institutions to promote effective technical assistance, enhance capacity building, and provide mutual support in critical areas of central banking operations.

She noted that over the years, the Bank of Ghana and the Central Bank of Liberia have cultivated a relationship grounded in mutual respect, shared goals, and constructive engagement within the evolving regional and global economic landscape.

The scope of the MoU covers key areas including macroeconomic forecasting and policy analysis, monetary policy operations, reserve management and gold purchase operations, banking supervision, Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT), central bank communication strategies, digital currency and cryptocurrency development, currency management, and the application of artificial intelligence in central banking.

Mrs. Asante-Asiedu emphasised that the partnership goes beyond traditional central banking functions and embraces emerging innovations that will shape the future of financial systems in both countries.

She stated that by formalising the collaboration, the two institutions have established a structured framework for knowledge transfer, technical cooperation, and institutional development that will yield mutual benefits.

The Executive Governor of the Central Bank of Liberia, Henry F. Saamoi, and senior officials from both institutions witnessed the signing ceremony.

The partnership is expected to strengthen institutional capacity, promote financial stability, and advance shared economic prosperity between Ghana and Liberia.