Accra, Nov. 12, GNA – The Ghana Co-operative Credit Unions Association (CUA) Limited will join the global cooperative community to celebrate the 77th International Credit Union (ICU) with a national event at the the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi.
The celebration will highlight the power of collaboration among financial cooperatives in promoting inclusive growth and sustainable prosperity.
A news statement copied to the Ghana News Agency in Accra said, although the global commemoration took place in October, Ghana’s event was rescheduled to November to allow the country to host the all-African Credit Union (SACCA) Congress, held in Accra from October 12 to 17, 2025.
It said the 2025 edition of ICU Day holds special significance, as it coincides with the 70th anniversary of the establishment of the first Credit Union in Ghana and Africa, marking seven decades of advancing cooperative spirit, community development, and financial inclusion.
The national event, organised by CUA under the chairmanship of Commissioner of Police (C.O.P.) Dr. Otu-Nyarko, is expected to attract members, stakeholders, and partners from across the country.
The statement said activities will begin with a colourful float through the streets of Kumasi at 7:00 hours, symbolising unity and community pride, followed by the official ceremony at 10:00 hours at the KNUST Great Hall.
Distinguished guests expected to grace the occasion include Professor Rita Akosua Dickson, Vice-Chancellor of KNUST, who will deliver the keynote address; Dr. Frank Amoakohene, Ashanti Regional Minister; and Reverend Dr. Douglas Okonah Frempong, General Overseer of the Centre for Christian Outreach Ministries, who will serve as Special Guest of Honour. The Dadiesoaba Hene and the Registrar for Co-operative Societies are also expected to attend.
“Since its inception in 1948, International Credit Union Day has provided a platform for reflection on the achievements and enduring values of the global credit union movement. Rooted in the philosophy of “people helping people,” credit unions continue to promote savings, extend affordable loans, and invest in the communities they serve”, it added.
In Ghana, credit unions remain vital in expanding access to financial services, especially for underserved populations.
It said CUA was using this year’s commemoration to encourage credit unions across the country to highlight how cooperation fosters shared success through community-focused initiatives such as open-house sessions, financial literacy workshops, and member appreciation events.
The Association is also urging unions to share inspiring member stories, individuals who have leveraged savings and affordable credit to start businesses, expand livelihoods, or achieve financial independence.
Through such initiatives, the movement seeks to attract new members, especially young people and women, and to strengthen partnerships with schools, churches, and local organisations in advancing cooperative values.
As the global financial landscape evolves, the principles of cooperation, trust, and shared ownership remain central to the credit union movement.
This year’s ICU Day serves not only as a celebration but also as a call to action, reminding all that when credit unions and communities work together, prosperity becomes a shared achievement.
GNA
Edited by George-Ramsey Benamba