PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601505

Primary Business Area

Finance and Markets

Disclosure Date

Jun 25, 2017

Country

Ghana

Region

Africa

IFC Approval Date

Jun 24, 2016

Status

Completed

Estimated Total Budget

$730,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated Start Date

Jun 1, 2016

Project Estimated End Date

Jun 30, 2019

Project Description

The project will facilitate the development of a modern secured financing system in Ghana by focusing on the following three areas: (i) Support the Government to strengthen the legal and regulatory framework for secured transactions by amending the Borrowers and Lenders Act (ii) Support the enhancement of the electronic centralized collateral registry for security interests in movable property and (iii) train, build capacity and awareness directed to the main group of public and private stakeholders on movable asset-based lending.

Development Results

E&S Risks / Impacts and Mitigation