News Infrastructures

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)

On the same topic
Equatorial Guinea plans fleet expansion for Ceiba Intercontinental revival Government considering purchase of four to five new ATR...
The AfDB has approved about $357 million to pave a 156-km road in eastern Cameroon. The project targets the Ngoura II–Yokadouma section of a...
SEA-Invest is investing nearly CFA20 billion to modernize the mineral terminal at Abidjan’s port. The upgrades aim to handle rising flows of...
Transnet launched a tender to lease three secondary rail lines to private operators in eastern and central South Africa. The initiative seeks to...
Most Read
01

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.