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Understanding the Due Diligence Process in Finance in Ghana

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Ghana’s financial landscape is rapidly evolving, with various stakeholders seeking to invest in the country’s growing economy. However, ensuring that these investments are secure and transparent requires a rigorous due diligence process.

STAR-Ghana’s Approach to Due Diligence


As part of its efforts to streamline its due diligence process, STAR-Ghana has taken steps to ensure that grant partners undergo an initial and detailed screening, followed by a thorough review process to assess their credibility and risk profile. This meticulous approach helps identify potential risks and mitigates them proactively.

Samuel Mensah Adevor: The Expert Behind STAR-Ghana’s Due Diligence Framework


As the Due Diligence Officer at STAR-Ghana, Samuel Mensah Adevor has extensive experience in financial management, analysis, accounting, auditing, and project management. His background as a banker and trader provides him with a unique understanding of the banking industry and global financial markets. He has also worked with international organizations such as the United Nations Office for Project Services (UNOPS) in Dakar, Senegal, further honing his skills.

Education and Qualifications

Master’s Degree in Business Administration

Adevor holds a Master’s degree in Business Administration from Centre Africain d’Etudes Superieures en Gestion (CESAG) in Dakar, Senegal, specializing in financial markets and corporate finance.

Bachelor of Science Degree in Business Administration

He also has a Bachelor of Science Degree in Business Administration from the Central University in Ghana.

Part-qualified Management Accountant

Adevor is a part-qualified Management Accountant, further demonstrating his expertise in financial management.

STAR-Ghana’s Due Diligence Framework


STAR-Ghana’s due diligence process is designed to ensure that grant partners are equipped with efficient and robust internal controls and financial management systems. Adevor works closely with grant partners to identify areas for improvement, providing them with targeted support to enhance their financial governance and risk management practices.

Benefits of STAR-Ghana’s Due Diligence Process

Enhanced Transparency and Accountability

In a country where transparency and accountability are essential for economic growth, STAR-Ghana’s due diligence process is a beacon of best practice. With Samuel Mensah Adevor at the helm, the organization is well-positioned to provide guidance and support to stakeholders seeking to invest in Ghana’s economy with confidence.

Conclusion


In conclusion, STAR-Ghana’s due diligence process is an exemplary model for ensuring transparency and accountability in financial transactions in Ghana. With its rigorous approach and expert leadership, the organization is poised to continue supporting sustainable development initiatives in the country.