Professor Ahmed Jinapor is Director General of GTEC
The Global Academy of Finance and Management (GAFM-USA) has rejected its inclusion on the Ghana Tertiary Education Commission’s (GTEC) latest list of 100 unrecognised universities and institutions.
GTEC published the list in a public notice dated August 28, 2026, citing quality assurance concerns and advising the public to exercise due diligence when dealing with the institutions and certificates they issue.
GAFM, which was included on the list, has challenged the classification, insisting that it is not a university and has never operated as one.
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In a press release issued on Monday, August 31, 2026, the organisation said it does not award academic degrees but provides professional certifications to professionals in different countries.
“GAFM is not a university, has never operated as a university, and does not award academic degrees. GAFM is a globally renowned professional body,” it said.
GAFM argued that its programmes are industry-based professional certifications and should not be treated as academic programmes offered by universities and other tertiary institutions.
“GTEC’s clear inability to distinguish a professional certification body from an academic university is a demonstration of institutional incompetence and recklessness,” the organisation stated.
The organisation further argued that GTEC’s legal mandate focuses on accrediting tertiary institutions and academic programmes, adding that its professional certification programmes do not fall under the Commission’s current regulatory mandate.
“The professional certification programmes awarded by GAFM are entirely industry professional certification. Therefore, they do not fall within the Commission’s regulatory jurisdiction,” it said.
GAFM said it has operated for more than 30 years and issued certifications to professionals in more than 150 countries.
It also cited various international recognitions and affiliations as part of its credentials.
The organisation has consequently demanded an immediate and unconditional retraction of the publication and a public apology from GTEC.
It further warned that its legal team has been instructed to commence legal action for defamation, corporate injury and administrative negligence if the matter is not resolved within 14 working days.
“Our legal team has been fully briefed and instructed to initiate swift legal proceedings against GTEC for defamation, corporate injury, and administrative negligence if a formal retraction and apology are not issued within fourteen (14) working days,” GAFM said.
GAFM said it remains open to lawful regulation and oversight should GTEC establish a formal framework for regulating professional certification bodies.
The organisation also urged its members, fellows and certificate holders in Ghana to remain calm as it pursues legal and diplomatic measures to resolve the matter.
ANAS/MA
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