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Breaking NewsDevelopment Agendatop stories

Ghana can unlock major domestic resources through Structured Philanthropy

Suleman
Last updated: November 28, 2025 10:57 am
Suleman
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Deputy Chief of Staff  in charge  of  Administration, Nana Oye Bampoe Addo, has emphasized that Ghana possesses the capacity to mobilise substantial domestic resources if the country succeeds in properly structuring and strengthening local philanthropy.

According to her, domestic resource mobilisation has become the single most important determinant of Ghana’s fiscal sovereignty, partuclarly  at a time when traditional development assistance is declining and global financing conditions are tightening.

She observed that this reality requires Ghana to reposition domestic resource mobilisation at the centre of its development agenda.

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Nana Oye, speaking at the opening of the 2025 Ghana Philanthropy Conference in Accra, organised by the STAR-Ghana Foundation, indicated that the strategic development of Ghana’s philanthropic environment could significantly boost national revenue, reduce reliance on external aid, and promote inclusive development..

 “Repositioning domestic resource mobilization is key to Ghana’s development,” she stated, urging policymakers, civil society, and the private sector to adopt innovative approaches that encourage structured giving, improve transparency, and strengthen accountability within the local philanthropic space.

She added, “The wealth we seek is not hidden in distant land, it lies in our own hands, our own hearts and our own habits.”

The two-day conference, held under the theme ‘Repositioning Domestic Resources Mobilization as a Catalyst for Accelerating Development,’ sought to deepen conversations on the evolving landscape of philanthropy in Ghana and Africa, where giving is shifting from traditional charity to more strategic, impactful approaches that drive sustainable development.

The convening was also to discuss how homegrown initiatives, an enabling policy environment and innovative financing models including social enterprises, endowments, and impact investment can transform local giving into a unified force for national development.

It brought together stakeholders from government, civil society, donor organizations, the private sector, and the media among other relevant bodies.

In an address, Mr. Alex Mould, Chief Executive Officer of the Millennium Development Authority (MiDA), underscored the need for domestic resource mobilisation to be supported by strong institutional alignment, credible implementation, and shared accountability.

He said “Government, civil society and philanthropy, each have a distinct strength, when these strengths run in the same direction, transformation becomes possible.”

The Executive Director of STAR-Ghana Foundation, Amidu Ibrahim-Tanko, noted that mobilizing community resources is an imperative, “so we need to be more urgent about the quest to finance our development,” adding, “beyond the donors, beyond the primary funders, we have to centre  our own priorities.

On her part Dr, stigmata Tenga, Executive Director of African Philanthropy Network (APN) observed that the decline in donor funding presents an opportunity for us to reposition the role of community and domestic resources as a catalyst for inclusive and community –led development. She urged government to recognize philanthropy as a key development strategy so that it can create an enabling environment for philanthropy’s potential to grow in volumes.

By: Mohammed Suleman/ Publicagenda.news

 

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