About Us

The International Improving Financial Awareness & Financial Literacy Association at University of Ghana

Our Mission

❤ To Significantly Improve Financial Awareness & Financial Literacy in Ghana

Our Vision

❤ We envision a Ghana and a World where every person is well educated and has personal finance knowledge an essential life skill, access to the right financial advice and the skills and tools to manage their finances. Providing everyone the opportunity to achieve and maintain their financial stability, security, and freedom throughout their lives, while they pass on their values, knowledge and assets to future generations to make their lives and this world a better place.

The Association Aims & Objects

  • ❤ To serve as a forum for member students, faculty, staff and alumina for the discussion of matters relating to financial awareness and financial literacy.
  • ❤ To foster close co-operation and brotherly relationship among Members of the Association.
  • ❤ To assist the financial service industry in promoting financial awareness and financial literacy in Ghana.
  • ❤ To organize lectures, symposia, picnics and fundraising to support the University of Ghana, and The Improving Financial Awareness & Financial Literacy Movement in Ghana, Student Scholarships, Faculty Grants, and other worthy causes..
  • ❤ To promote and maintain the spirit of friendship among members of The Association.


Headquarters

❤ The Association shall have its Headquarters at the University of Ghana, Department of Finance within the University of Ghana Business School, Legon - Accra.

Membership

  • ❤ Membership of The Association shall in general be open to all persons who are within the University of Ghana community.
  • ❤ At this time there will be no membership subscriptions or fees.
  • ❤ Membership Application for The International Improving Financial Awareness & Literacy Association at the University of Ghana Chapter can be obtained by Clicking here.


Constitution

❤ Our Constitution was approved on September 23, 2020. To download a copy click here.

Contact Information

As we advance our mission to Significantly Improve Financial Awareness & Financial Literacy in Ghana we are seeking to attract Strategic Partners who share our vison for financially aware and financial literate Ghana.
For more information please contact us.

Dr. Benjamin Amoah, PhD, Patron Coordinator
The International Improving Financial Awareness & Literacy Association
TFAF Ambassador & Advisory Board Member
Benjamin Amoah PhD, ACCA, Lecturer
Department of Finance
University of Ghana Business School
P. O. Box LG 78, Legon, Accra
Official Email: benamoah@ug.edu.gh
Mobile: 0247-599-606
Whatsapp: 0247-599-606
Website: http://ugbs.ug.edu.gh/association

Our Founding Strategic Partners

Professor Godfred A. Bokpin

Dean of Students, University of Ghana View Profile

Professor Justice Nyigmah Bawole

Dean, University of Ghana Business School View Profile

Dr. Benjamin Amoah, PhD

Patron Coordinator View Profile

Dr. Charles Ando, PhD

Head of Finace Department View Profile

Dr Edwina Nikoi, PhD

Patron Coordinator View Profile

Executive Founding Students

❤ Miriam Arthur - President
A first year Master of Philosophy student in Accounting who aspires to be a Professor of Business Administration and a Consultant. I intend leveraging on my postgraduate training to create a difference in academia and the world of business. Life revolves around money and the need for it's management cannot be overemphasized. Awareness and literacy in issues pertaining to finances has the capacity to tremendously ease life's burdens

❤ Henry Duah - Vice President
An MPhil in Accounting Student at the University of Ghana Business School. I aspire to be a professor in Accounting and an entrepreneur who will contribute substantially to national development. The changes and trends in the financial sector have necessitated financial awareness and literacy programs to educate the masses to ensure individual, family, and institutional financial inclusion.

❤ Bless Delali - Secretary
A final year student reading Economics and Accounting. I look forward to become a seasoned Economist who can contribute a quota to the development of Ghana. My current program of study is preparing me for my career as an Economist. Financial Awareness and Financial Literacy is important because it helps one to make informed decisions about his or her finances.

❤ Ofori Emmanuel Jnr - Treasurer
Level 400 Banking and Finance student of University of Ghana. It is my dream to become the finance minister of Ghana. My current programme is directly related to my dream profession. Financial Awareness and Financial Literacy is set out to educate the average person on how to make good use of money and be able make personal financial decisions.

❤ Wendy Fosu Afowaa - Organising Secretary
I study Economics and Finance and I am in level 400. I aspire to be an Economist by pursuing Economics in both Graduate and Doctorate level. Financial Awareness and Financial literacy helps in the understanding of issues related to investment, money and debt management to help make crucial financial decisions.

Center For Financial Literacy Education Africa

CFLE –AFRICA is a Ghana based not-for-profit professional organization that seeks to promote and develop financial literacy skills in the average African. CFLE-Africa’s mission is to empower and educate all Africans to make financially sound decisions. Promote and develop financial literacy skills in young Africans and help them make financially sound decisions, plan for the future and live a debt free life. Peter K. Asare Nyarko is the Executive Director. Peter & CFLE are the Founding TFAF Lead Ambassador in Ghana and Advisory Board Members. Peter is also a Financial Literacy Advocate, Financial Educator, Entrepreneur and Author.CFLE-Africa is the Lead TFAF Ambassador in Ghana.

CFLE-Africa seeks to create massive financial awareness and prepare individuals to be a financially informed citizens and leaders. That means knowing only not what they want to do with their life, but also with their financial resources. CFLE-Africa advocates for financial literacy through events and campaigns. They host quarterly SikaSukuu for market women and small scale business owners in remote and rural communities in Ghana and other African countries.
To help address the lack of financial awareness and the financial illiteracy epidemic CFLE-Africa is taking an active leadership role to recognize organizations and their management, and individuals that are championing improving financial awareness and financial literacy. CFLE-Africa is then uniting them with other associations, organizations, NGO’s, nonprofits, educational institutions, municipalities, employers, the news media and concerned individuals to actively focus this vast community resource into The Improving Financial Awareness & Financial Literacy Movement in Ghana with its semi-annual concentrated personal finance content media blitz.
CFLE-Africa gives volunteers a chance to share what they’ve learned with the community as part of The Movement which is championed by TFAF a partnered organization. This will be open to student clubs, academic institutions and other volunteered organization, financial service professionals, and their associations and members, employers, and municipalities.
CFLE-Africa also has plans for a yearly Financial Literacy Challenge for High School Students to compete to share their financial awareness and financial literacy for awards and recognition.
You can learn more about CFLE-Africa at https://cfleafrica.org/

The Financial Awareness Foundation 

TFAF is a 501(c)(3) USA based nonprofit organization. Its mission is to significantly help solve a major social challenge dealing with the lack of financial awareness along with the financial illiteracy epidemic. We believe that teaching financial awareness, financial literacy and the essential principles to smart money management are so very important as this gives people the tools of empowerment for making lifelong informed money decisions giving them the best probability of living a quality life without outliving their wealth, and for passing on personal values, knowledge & assets to future generations to make their lives & this world a better place. Valentino Sabuco is the Executive Director.
TFAF has two main focal points: 

    ❤ Taking an active leadership role to recognize organizations and their management that are championing improving financial awareness and financial literacy. We unite them with other parties to actively focus their vast community resources into The Improving Financial Awareness & Financial Literacy Movement around a growing concentrated personal finance content media blitz every six months through the strategic campaign venues of Financial Literacy Month (April) and Estate & Gift Planning Awareness Month (October).

The plan is to touch EVERYONE at least twice a year through these strategic venues, with educational and motivating reminders to get and keep their financial house in order with a current financial, estate, and gift plans.

    ❤ Delivers and develops exceptional educational content and programs

Organizations and individuals are never required to financially support TFAF in any way. They do not pay any marketing or membership fee, or make a contribution in order to participate in The Improving Financial Awareness & Financial Literacy Movement, campaigns and programs. TFAF also develops and distribute high quality materials at ‘NO Cost’. But as a 501(c)(3) nonprofit organization, financial support and contributions are always welcomed and very much appreciated.

Global financial awareness and financial literacy initiatives are increasing and TFAF is contacted regularly for assistance and ideas from around the world. In 2018 we began assisting in the creation of The Improving Financial Awareness & Financial Literacy Movement in Kenya, Uganda and Tanzania; this will touch ~ 150 million people; this is modeled after our work in the US. In 2020 we are launching The Movement in Ghana and Brazil, and are in discussions with a half dozen other countries.

TFAF shares UG vision “to create an enabling environment that makes University of Ghana increasingly relevant to national and global development through cutting-edge research as well as high quality teaching and learning” and believes that

  1. The Improving Financial Awareness & Financial Literacy Movement in Ghana
  2. The Improving Financial Awareness & Financial Literacy Association at the University of Ghana

will materially advance efforts to accomplish this and so much more for UG, its students, faculty and staff, alumni, friends and family of the University of Ghana, and all of Ghana.

You can learn more about TFAF at www.thefinancialawarenessfoundation.org/

Download The Improving Financial Awareness & Financial Literacy Movement Report & Magazine Here