Afro-Arab Microfinance Named Best Microfinance Company in Ghana at 2025 Global Banking & Finance Awards
Afro-Arab Microfinance, a subsidiary of the Afro-Arab Group of Companies, has been honoured as the Best Microfinance Company in Ghana at the 2025 Global Banking & Finance Review Awards, a prestigious international platform that celebrates excellence in the financial services industry.
The award ceremony, held in London, United Kingdom, brought together global banking and finance leaders, institutions, and innovators. The event recognized outstanding performers who have demonstrated innovation, leadership, and a commitment to economic empowerment, especially in developing economies.
Afro-Arab Microfinance received the accolade for its impactful initiatives in women and youth empowerment, a core part of its corporate mission. The company has become a beacon of inclusive financial services in Ghana, dedicated to transforming lives through accessible micro-lending, entrepreneurial support, and community development.
Speaking after receiving the award, Ambassador Alhaji Salamu Amadu, the Board Chairman and Founder of Afro-Arab Microfinance, expressed deep gratitude to the organizers for the international recognition.
“First of all, on behalf of the management, I would like to say a big thank you to the Almighty Allah for making this possible, and secondly to the organizers for the recognition,” he said. “This means a lot to us as a company. It’s a testimony that our work in empowering women and the youth is not going unnoticed.”
The Global Banking & Finance Review Awards, established in 2011 by the UK-based financial publication Global Banking & Finance Review (GB&FR), has grown into one of the industry’s most respected accolades. The awards celebrate institutions that drive progress across areas such as financial inclusion, fintech innovation, sustainable banking, and customer service.
Afro-Arab Microfinance was selected for its robust financial literacy programs, strategic support to female-led businesses, and youth entrepreneurship schemes. Over the years, the institution has become a key player in addressing financial gaps in underprivileged communities across Ghana.
Mr Ebenezer Egyir Tetteh, General Manager of Afro-Arab Microfinance, also spoke on the company’s recent milestones and future direction.
“We’ve embarked on several transformative projects to uplift underserved populations. From microloans tailored to women traders to mentorship programs for the youth, our goal is to break barriers and enable self-sufficiency,” he said. “Afro-Arab Microfinance will continue to stand firm in its vision to empower women and the teeming youth.”
He further expressed appreciation to the company’s loyal customer base, describing their support as instrumental to the growth and success of the organization.
“We sincerely thank our customers for their unflappable support over the years. Without them, this achievement would not have been possible,” Mr Tetteh added.
Founded over a decade ago, Afro-Arab Microfinance has established itself as one of Ghana’s leading microfinance institutions with a strong community focus. Through partnerships, field programs, and grassroots engagements, it has supported thousands of small businesses, especially in urban and peri-urban areas. The company’s model combines traditional financial services with modern innovations in mobile banking and financial education, ensuring wide accessibility and sustainable impact.
The recognition from GB&FR highlights Afro-Arab Microfinance’s commitment to aligning with global best practices while maintaining strong community roots.
About Global Banking & Finance Review (GB&FR)
Global Banking & Finance Review is a premier publication in the global financial ecosystem, providing expert analysis on banking, capital markets, fintech, asset management, and economic policy. Established in 2010, the UK-based outlet was born out of the need for clear, transparent financial reporting and intelligent commentary. Over the years, it has chronicled the evolution of global finance—from traditional banking to the rise of fintech, blockchain, cybersecurity, and sustainable finance.
With readers spanning over 200 countries, GB&FR Awards serve as a benchmark for performance, innovation, and industry leadership. Winning a GB&FR award places institutions among the elite performers within the financial world.
This year’s awards saw participation from over 60 countries, making the recognition of Afro-Arab Microfinance a significant endorsement of the company’s work and values.
Looking Ahead
With the award now reinforcing its reputation, Afro-Arab Microfinance is poised to scale its impact, deepen its reach in Ghana, and explore strategic partnerships to expand its services across West Africa.
Ambassador Alhaji Salamu Amadu emphasized that the award is not the end but rather a call to do more.
“This award reminds us of the responsibility we carry. It’s a motivation to continue working harder to uplift more lives and contribute meaningfully to Ghana’s development. We remain committed to financial inclusion, ethical banking, and nation-building.”
As Ghana continues to champion economic empowerment and entrepreneurship, Afro-Arab Microfinance remains a vital force in ensuring that no one is left behind in the country’s financial growth story.
