Challenges

In the realm of international development cooperation, the responsible management of funds is both a core necessity and a significant challenge -especially in fragile or high-risk environments. Donors, governments, and implementing partners often face key issues that threaten the effectiveness, sustainability, and integrity of financial flows:

  • Weak public financial systems: Many partner countries lack robust financial management infrastructures, making integration and oversight of donor funds difficult.
  • Limited institutional capacity: Ministries and implementing agencies may struggle with internal controls, accounting systems, and compliance with both donors' and international standards.
  • Risk of mismanagement and fraud: Without strong risk mitigation measures, projects are vulnerable to financial irregularities, inefficiencies, and reputational damage.
  • Fragmentation of financial flows: Multiple donors and implementing partners often operate in parallel, creating a complex landscape that lacks coordination and transparency.
  • Crisis and fragility: In conflict-affected or politically unstable regions, ensuring fiduciary oversight becomes even more critical and challenging.

GFA concept and services

© Andrey Popov | istock At GFA's Public Finance Management (PFM) Department, we believe that effective fund management is the backbone of sustainable development. Our services are designed to reinforce financial accountability, mitigate risks, and assist to integrate donor funding into national systems wherever this has been agreed by all incumbents.
 
Our FUND MANAGEMENT and RISK MITIGATION services include:

COMPREHENSIVE FUND MANAGEMENT

  • Fiscal Agent & Procurement Agent roles on behalf of leading institutions such as the Global Fund, GAVI, KfW, MCC, and the EU
  • Design and implementation of financial procedures and internal control systems
  • Cash forecasting, disbursement, and reconciliation
  • Real-time financial monitoring and reporting using tailored IT tools (e.g. SAP, SunSystems)

RISK MITIGATION AND ANTI-FRAUD MEASURES

  • Risk assessments and mitigation strategies
  • Fraud prevention and detection mechanisms
  • Capacity building for internal audit and compliance functions
  • Training on donor requirements, fund tracking, and financial integrity
  • Localisation and sustainability
  • Strengthening of local systems and national ownership through technical assistance and systems integration 
  • Support to ministries, health departments, and NGOs in aligning with international standards
  • Crisis-resilient fund management strategies, including remote oversight mechanisms for unstable contexts

WHY GFA?

With over EUR 13 billion in donor funds managed across 30+ countries, GFA brings deep technical expertise, global reach, and context-specific solutions. We are trusted by major donors to operate in the most sensitive environments - from Sudan and DRC to Nigeria and Timor-Leste - safeguarding resources while enhancing local institutions.

OUR APPROACH IS BASED ON:

  • Proven integration with national systems
  • Commitment to transparency and compliance
  • Agile risk response in crisis settings
  • Promotion of local ownership and sustainable capacity
By combining rigorous financial stewardship with flexible, real-world solutions, GFA ensures that development funding not only reaches its intended beneficiaries but also contributes to long-lasting systems of accountability and trust.

> Learn more about GFA´s PFM Department and download our capability statement (PDF).

Contact

Cristian Ferreri
Department Director
E-mail: cristian.ferreri[at]gfa-group.de





Simon Ansel

Portfolio Manager
E-mail: simon.ansel[at]gfa-group.de





Louis Leca

Portfolio Manager
E-mail: louis.leca[at]gfa-group.de

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