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Tapping Oil and Mining Wealth, Ghana Unveils $1.1 Billion Infrastructure Plan

Tapping Oil and Mining Wealth, Ghana Unveils $1.1 Billion Infrastructure Plan
Monday, 15 September 2025 11:54

• Ghana launches $1.1B "Big Push" to address infrastructure gap
• Funded by oil revenues, mining royalties, and private partnerships
• Investment to rise to $1.7B by 2028, targeting transport, energy, digital

The Ghanaian government announced on Friday, September 12, 2025, that it plans to invest 13.9 billion cedis ($1.1 billion) in large-scale infrastructure projects as part of a national development initiative called the "Big Push." The program aims to close the country's critical infrastructure deficit and stimulate long-term growth. The investment is expected to increase to $1.7 billion by 2028.

Funding for the initiative will come primarily from oil revenues allocated through the Annual Budget Funding Amount (ABFA) and mining royalties. These resources are being redirected toward key sectors such as roads and transport, energy and power generation, digital infrastructure, and urban and rural development.

"This is not a small nudge or a patch-up job. It's an economic reset, powered by a US$10 billion Big Push for infrastructure development," said Deputy Finance Minister Thomas Ampem Nyarko.

Ghana's infrastructure needs are substantial. Government estimates suggest the country will require $37 billion per year over the next 30 years to meet its development goals across all sectors. Maintaining existing infrastructure alone will require an additional $8 billion annually.

The minister noted that the country scored 47 out of 100 on the Global Infrastructure Hub Index, a level below the average for lower-middle-income countries. This score points to a chronic issue of underinvestment.

Nyarko also stated that public funds would not be enough to meet these needs. "The fiscal space is limited, and the demands are vast. PPPs are not just helpful — they are indispensable," he said, adding that the Ghana Infrastructure Investment Fund (GIIF) will play a key role in creating Special Purpose Vehicles (SPVs) to mobilize private capital, blended finance, and international development funds.

Ingrid Haffiny (Intern)

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