Accra, Ghana//-Members of the Ghana Venture Capital and Private Equity Association (GVCA) say they are poised to collaborate radically in 2026 with the government, partners and other businesses to drive the country’s economic growth.
The Association, whose members said that the passing year 2025 wasn’t bad for their various individual businesses, were rather confident that 2026 would be better.
Speaking at the GVCA Members and Partners Cocktail Soiree to draw the curtains down on 2025, CEO of GVCA, Madam Amma Gyampo, said: “We are going to continue to collaborate radically” for the benefit of their homeland, Ghana.
She used the event to also thank the members of the Association and their partners for the support during the year and called on them to keep collaborating to unlock more resources for the country’s private equity sector.
Madam Gyampo, who proposed a toast at well attended evening event held on Friday 12, December 2025, said: “We are here to celebrate each and everyone of us. We had a fantastic year at GVCA. I think we sowed some seeds which we look to reap, especially next year, for our members, our fund managers, our advisors, among others.
In a short keynote address, Board Chairman of the GVCA, Mathew Boadu Adjei, thanked Madam Gyampo and her executives at the GVCA for doing a good job, saying, “For the first time, she is helping us to get some grants that will help us with a lot of activities.
He also expressed the Association’s appreciation to Venture Capital Trust Fund (VCTF), and British International Investment (BII). There have also been a number of training programmes for analysts, limited partners, and general partners, Mr Adjei added.
“For the coming year, we would like to deep-dive in terms of knowledge sharing. We will be having conversations around valuations, conversations around due diligence, and we will be having conversations around people’s due diligence, which is a very key component in the space in which we operate.
Mr Adjei assured that they would continue to engage and dialogue with limited partners, general partners or fund managers to ensure that assets are managed professionally.
So, in the coming year, there will be much more dialogue in the asset management space, and we will collaborate much more, according to him.
Commenting on the performance of the venture capital and private equity industry in an interview, Chief Information Officer of Merson Capital Limited, Yaw Benneh-Amponsah, said the industry had done very well despite trying circumstances.
He, however, noted: “The biggest challenge so far is that the industry is under-capitalised. We don’t have enough Ghanaian capital invested in Ghanaian opportunities. It is only about one per cent or so of our pension assets that are invested in the real economy through various forms, private equity, private debt, and so we are not able to do big deals. We are not able to do as many transactions as we would want to do.
But so far with the funds and management that we have, I think that as an industry we have done very well. We have provided funding to Ghanaian businesses on terms that are appropriate to their risks. This is something that we should be proud of ourselves, Mr Benneh-Amponsah stated.
On his assessment of policy intervention that has brought a limelight for the sector, he said prior to 2025, it was a bit difficult to set up funds because fund management licenses were not being granted by the Securities and Exchange Commission (SEC).
Mr Benneh-Amponsah explained that now they are working with the SEC to begin granting fund management licences to businesses. So, we are going to see more entries into the sector.
