Experts at the 2025 Money Summit in Accra say financial services providers must expand their offerings to include more alternative investment vehicles and pair them with robust investor education.
Panellists pointed to growing demand for diversified, inflation-beating instruments – particularly in the wake of domestic debt restructuring that shook public confidence in traditional government securities.
Generally, the consensus was while macroeconomic stability is returning, rebuilding trust and fostering a new investment culture will be key to driving Ghana’s financial recovery.
The call for innovation comes after a turbulent period marked by the Domestic Debt Exchange Programme (DDEP), which wiped GH¢61.7billion from the economy and left many retail and institutional investors reeling.
Joe Jackson, CEO-Dalex Finance, noted that although investor sentiment was damaged by recent fiscal events, Ghana cannot afford to remain paralysed. “The DDEP was a once-in-a-generation shock. Just as we have adjusted to post-COVID realities, we must recalibrate and move forward,” he said.
The summit’s theme – ‘Optimising investment and pensions management: Strategies for sustainable retirement income and economic growth’ – highlighted how long-term financial planning has become urgent, particularly against the backdrop of a fragile pension system.
The Managing Director of EDC Investments, Paul Mante, indicated that around 96 percent of pensioners earn less than GH¢5,000 monthly. Of nearly 2 million Ghanaians above 60, only about 300,000 are covered by state pensions.
He cautioned that the social shift away from extended family support and rising medical costs demand a culture of personal investment.
“There is a clear appetite for new investment options, but providers must lead with transparency and education,” said Maame A. Thompson, CEO-Savvy Securities. Investors need to understand risk, returns and regulation,” she added.
Inflation has declined from a peak of 52 percent in 2022 to about 22–23 percent today, the cedi has been relatively stable in recent weeks and government borrowing costs are down to 15–16 percent from highs of 27–28 percent. These fundamentals suggest a better environment for re-engagement with financial markets, noted Ankit Tandon, Chief Operating Officer-Regulus.
Meanwhile, Fidelity Bank’s Deputy Managing Director-Wholesale Banking, Kwabena Boateng, called for a differentiated approach to pension investment strategies based on contributor age as part of broader reforms aimed at insulating the retirement system from economic volatility and political risks.
