The management of the Ghana TVET Service, led by its Director-General, Engr. Dr Eric Kofi Adzroe, recently paid a courtesy call on the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, in Accra. The meeting aimed to advance discussions on Ghana's skills development agenda and explore a strategic partnership to place technical and vocational education at the center of the country's economic transformation. This engagement highlights the importance of collaboration between key institutions in shaping the nation's economic future.

The discussions focused on the role of sustained investment in Technical and Vocational Education and Training (TVET) in shaping national productivity, enterprise development, and employment outcomes. Both institutions acknowledged that the quality, relevance, and reach of skills training will significantly determine how many Ghanaians access meaningful work, build viable enterprises, and contribute to economic growth. This is particularly crucial in today's rapidly changing work environment.

The meeting took place within the context of a shifting global labor market, where automation, artificial intelligence, and digital technologies are redefining industry requirements. Employers are increasingly prioritizing demonstrated competence over formal credentials, emphasizing practical skills, adaptability, and the ability to apply knowledge in real-world settings. Ghana must navigate this shift to harness its demographic dividend and drive economic growth.

The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, highlighted the economic value of skills development, describing it as an investment with far-reaching returns. He emphasized that every skilled Ghanaian is a business waiting to happen and that investing in TVET equips job creators, strengthening the nation's economic fabric. The Governor also stressed the need to broaden access to certification to unlock the full potential of Ghana's workforce.

Dr Asiama noted that many Ghanaians acquire skills through informal pathways but remain excluded from formal economic opportunities due to the absence of recognized certification. He advocated for certifying skills acquired through informal apprenticeships, master craftsmen, and other non-formal means, validating talent and opening doors to formal jobs, credit, contracts, and careers. This move can help address unemployment and promote enterprise creation.

Engr. Dr Eric Kofi Adzroe, Director-General of the Ghana TVET Service, emphasized the central role of skills in driving inclusive growth and economic resilience. He stressed the need to align training delivery with the evolving demands of industry, ensuring that young people acquire relevant skills to access meaningful work and contribute to economic growth. This requires a collaborative effort from all stakeholders.

The engagement between the Ghana TVET Service and the Bank of Ghana underscores the importance of partnerships in driving national development. By working together, these institutions can help create a workforce that is trained, certified, and aligned to industry needs, strengthening productivity, attracting investment, and expanding Ghana's economic base. This collaboration has the potential to drive economic transformation and promote sustainable growth.

Key points

  • The Ghana TVET Service and Bank of Ghana are exploring a strategic partnership to place technical and vocational education at the center of Ghana's economic transformation agenda.
  • The Governor of the Bank of Ghana emphasized the need to broaden access to certification to unlock the full potential of Ghana's workforce.
  • The engagement highlighted the importance of aligning training delivery with the evolving demands of industry to drive inclusive growth and economic resilience.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.