Ghanaian creatives losing funding opportunities over poor documentation – Sustainable finance expert
The Head of Sustainable Financing at Consolidated Bank Ghana (CBG), Eva Ackuaku, has expressed concern over the inability of many Ghanaian creatives to access available funding opportunities due to poor documentation and a lack of formal business structures.
Eva Ackuaku, Head of Sustainable Financing at Consolidated Bank Ghana, has raised concerns about Ghanaian creatives struggling to obtain funding due to poor documentation and informal business structures. Speaking at the Climate x Culture Summit on October 22, 2026, Ms Ackuaku highlighted that many talented photographers and other content creators face difficulties accessing financial support because they operate without registered businesses, bank accounts, or proper financial records.
During the event organized by CultureJoint and the Ministry for Climate Change and Sustainability, she urged creatives to formalize their operations and adopt sustainable financial practices to attract investment. Ms Ackuaku stressed that while the creative industry holds significant economic potential, most practitioners remain in the informal sector, making it challenging for financial institutions to evaluate their eligibility for funding.
She cited photographers as an example, noting that some skilled professionals, despite years of experience, lack essential documentation such as invoices and proof of business registration. She questioned why established creatives continue to operate without formal registration or bank accounts, emphasizing that such records are crucial for assessing their financial activities and determining their eligibility for support.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
