• African Development Bank to support Ghana’s large-scale infrastructure drive

• Plan seeks to mobilize pension fund assets and boost regional development

• Road and rail upgrades aim to improve mobility and trade connectivity

The African Development Bank (AfDB) has pledged support for Ghana’s $10 billion ‘Big Push’ infrastructure strategy, with a focus on strengthening the country’s road network. The initiative is designed to address Ghana’s infrastructure gap while promoting economic competitiveness, access to social services, and regional equity.

The AfDB’s announcement follows a recent mission to Ghana, during which discussions centered on resource mobilization and risk mitigation. In coordination with its partners, the bank plans to deploy a credit enhancement mechanism to attract private capital, aiming to tap into the $5.2 billion in assets held by Ghanaian pension funds.

The ‘Big Push’ aligns with President John Dramani Mahama’s vision of structural transformation. The plan prioritizes investments in road and rail infrastructure to boost domestic mobility and regional trade. Roads currently handle more than 90% of passenger and freight transport in Ghana.

Key projects under the program include the construction and rehabilitation of major, regional, and rural roads, as well as development of cross-border corridors. Special emphasis will be placed on improving access to remote areas.

In addition to roads, the initiative also targets the revival of the rail sector, which has suffered from years of underinvestment and low coverage. The program aims to create a more balanced, multimodal transport system that can support long-term economic growth and integration.