Ghana
Collateral Registry
Ghana operates a Collateral Registry under the Borrowers and Lenders Act 2020, enabling security interests in movable property to be registered.
Ghana operates a Collateral Registry that allows security interests in movable property to be registered and searched. The registry was established under the Borrowers and Lenders Act 2008 (Act 773), which was subsequently updated by the Borrowers and Lenders Act 2020 (Act 1052).
Ghana was one of the first countries in Sub-Saharan Africa to implement a modern collateral registry, and its system has been recognised as a model for the region. The registry was developed with support from the International Finance Corporation (IFC).
Key features:
- Electronic notice-filing registry — accessible online
- Administered by the Registrar General's Department
- Covers movable assets — including equipment, inventory, receivables, and agricultural produce
- Priority based on registration time — first to register has priority
The registry has been credited with significantly expanding access to credit in Ghana, particularly for businesses that lack real property to offer as collateral.