Ghana Minute.
Monday, 15 June 2026
Ghana’s news, on the hour · Est. 2026
Monday, 15 June 2026
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Ghanaian press · Organization

Ghana Infrastructure Investment Fund

Also known as: GIIF

2026-05-112026-06-15

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    Lawyers for former Ghana Infrastructure Investment Fund (GIIF) CEO Solomon Asamoah and former Board Chairman Prof.

    Sky Train trial: $2m loss was caused by Covid-19, defence lawyers argue
  3. Business & Financial Times

    Our local development finance institutions, the Development Bank Ghana, GIIF and Venture Capital funds can be tasked to deploy risk capital into priority projects.

    Why we need a CEO-Gov’t Compact to accelerate economic transformation
  4. Business & Financial Times

    The administration identified a range of investment channels through which diaspora capital could be deployed, including financing vehicles anchored by the Ghana Infrastructure Investment Fund as well as capital market platforms operated by the Securities and Exchange Commission

    Gov’t seeks diaspora capital for 24-Hour economy as remittances reach US$7.8bn
  5. Joy Online

    Hosted by Financial Sector Deepening Africa (FSD Africa) in partnership with the Ghana Infrastructure Investment Fund, the initiative is designed to help transform viable public- and private-sector concepts into climate-focused infrastructure projects.

    UK, Ghana launch £215m Growth Partnership to create jobs, strengthen infrastructure and support skills
  6. Joy Online

    In Ghana, institutions such as the Ghana Infrastructure Investment Fund play an important role in supporting blended finance transactions, while similar entities, including the Development Bank of Southern Africa, perform comparable functions elsewhere on the continent.

    ‘Blended finance’ key to unlocking infrastructure funding in Ghana and Africa – Deloitte Partner
  7. Business & Financial Times

    Hosted by Financial Sector Deepening Africa (FSD Africa) in partnership with the Ghana Infrastructure Investment Fund (GIIF), the facility is expected to help unlock up to £180 million in infrastructure investments over the next three years.

    UK, Ghana launch growth pact as £215M investment drive targets jobs, infrastructure
  8. Business & Financial Times

    Hosted by Financial Sector Deepening Africa (FSD Africa) in partnership with the Ghana Infrastructure Investment Fund (GIIF), the facility is expected to help unlock up to £180 million in infrastructure investments over the next three years.

    UK, Ghana launch growth pact as £215m investment drive targets jobs, infrastructure
  9. Joy Online

    These include the launch of a UK-Ghana Growth Partnership to connect Ghanaian projects with international investors and a Green Project Preparation Facility being developed in partnership with the Ghana Infrastructure Investment Fund.

    Takoradi dry dock project secures £101m UK-backed investment
  10. May 2026
  11. Joy Online

    Kow Abaka Essuman, former Legal Advisor to former President Nana Addo Dankwa Akufo-Addo, has pushed back strongly against claims by the Deputy Attorney-General and Minister for Justice, Dr Justice Srem Sai, that funds involved in the Ghana Infrastructure Investment Fund (GIIF) “S

    Money can be traced in GIIF ‘Sky Train’ case – Kow Essuman fires back at Deputy AG
  12. Joy Online

    The Attorney-General has closed its case in the Skytrain scandal trial involving two accused persons — Mr Solomon Asamoah, former Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF), and Prof Christopher Ameyaw-Ekumfi, former Board Chairman of the Fund — wh

    ORAL: Prosecution closes its case in Skytrain trial
Politics

Sky Train trial: defence claims Covid-19 caused $2m loss

The News

Lawyers for former GIIF CEO Solomon Asamoah and former Board Chairman Prof. Christopher Ameyaw-Akumfi have told the High Court that the alleged $2 million loss in the Sky Train deal was caused by the Covid-19 pandemic, not criminal wrongdoing. They filed a submission of no case after the prosecution closed its case following testimony that the GIIF Board did not approve the project funding.

8 hours ago · Joy Online

Today

  1. Sky Train trial: defence claims Covid-19 caused $2m loss

    Lawyers for former GIIF CEO Solomon Asamoah and former Board Chairman Prof. Christopher Ameyaw-Akumfi have told the High Court that the alleged $2 million loss in the Sky Train deal was caused by the Covid-19 pandemic, not criminal wrongdoing. They filed a submission of no case after the prosecution closed its case following testimony that the GIIF Board did not approve the project funding.

    8 hours ago · Joy Online

Monday 8 June

  1. Ghana needs CEO-Government compact for economic transformation

    An opinion piece argues that Ghana's restored macroeconomic stability—including Cedi appreciation, 3.3% inflation, 6% GDP growth, and 45.3% debt-to-GDP ratio in 2025—creates the foundation for a structured partnership between government and business to drive economic transformation.

    8 June 2026 · Business & Financial Times

Thursday 4 June

  1. Government seeks diaspora capital for 24-Hour Economy programme

    Ghana's government is appealing to diaspora members, particularly in the United Kingdom, to channel a portion of record US$7.8 billion annual remittances into productive investment and export-led growth under the 24-Hour Economy and Accelerated Export Development Programme. Presidential Adviser Augustus Goosie Tanoh said the diaspora's 2025 remittances were up from around four billion six years ago and now exceed official development assistance and foreign direct investment combined.

    4 June 2026 · Business & Financial Times

Tuesday 2 June

  1. UK and Ghana launch £215m Growth Partnership agreement

    The United Kingdom and Ghana have launched a Growth Partnership to create jobs, strengthen infrastructure, expand trade, and improve access to skills and education, with investment commitments worth up to £215 million secured at the Ghana Investment Summit in London. The agreement, signed during President John Mahama's visit to the UK, will guide cooperation from 2026 to 2028 and includes the £101 million Takoradi Floating Dock Project (ShipRite) expected to create up to 430 direct jobs.

    2 June 2026 · Joy Online

  2. Blended finance key to bridging Africa's infrastructure funding gap

    Deloitte Africa's head of infrastructure says blended finance—combining public, philanthropic, and commercial capital—is critical for funding projects in the US$1–5 million range that struggle to attract conventional financing in Ghana and across the continent.

    2 June 2026 · Joy Online

Monday 1 June

  1. UK, Ghana launch three-year growth partnership worth £215 million

    Ghana and the United Kingdom have launched a three-year Growth Partnership from 2026 to 2028 aimed at mobilising investment, creating jobs and supporting infrastructure development through projects worth up to £215 million. Flagship initiatives include a £101 million maritime infrastructure project in Takoradi expected to create up to 430 direct jobs and position Ghana as a regional maritime services hub.

    1 June 2026 · Business & Financial Times

  2. UK and Ghana launch three-year growth partnership worth £215m

    Ghana and the United Kingdom have signed a Growth Partnership framework for 2026–2028 aimed at mobilising investment, creating jobs and supporting infrastructure development, with projects worth up to £215 million. Among flagship initiatives is a £101 million maritime infrastructure project in Takoradi expected to create up to 430 direct jobs.

    1 June 2026 · Business & Financial Times

  3. UK backs Takoradi dry dock with £101m investment

    The UK-backed Private Infrastructure Development Group has announced a £101 million investment in a ship repair and dry docking facility at Takoradi Port, expected to create up to 430 jobs and strengthen Ghana's maritime sector. The investment was announced at the Ghana-UK Investment Summit in London, attended by President John Dramani Mahama and described as the largest investment to date by the organisation in Ghana.

    1 June 2026 · Joy Online

Wednesday 20 May

  1. Funds traceable in GIIF Sky Train case, legal advisor argues

    Kow Essuman, former Legal Advisor to President Akufo-Addo, disputes the Deputy Attorney-General's assertion that funds in the Ghana Infrastructure Investment Fund "Sky Train" case cannot be located, stating that audited financial statements, board minutes, and supporting records clearly document how the money was handled within GIIF.

    20 May 2026 · Joy Online

  2. Prosecution closes case in Skytrain trial after three witnesses testify

    The Attorney-General has closed its case against Solomon Asamoah and Prof Christopher Ameyaw-Ekumfi, who face charges for allegedly causing financial loss to the state by disbursing $2 million for the Skytrain project without board approval. Defence lawyers have indicated their intention to file a submission of no case application.

    20 May 2026 · Joy Online

  3. State rests case in missing US$2M Ghana Infrastructure fund trial

    The prosecution has closed its case against the former CEO and Board Chairman of the Ghana Infrastructure Investment Fund, who are accused of illegally authorizing a US$2 million payment to a foreign company without board approval. The defense will file a submission of no case by June 8, with the judge's ruling on that submission determining whether the accused are acquitted or ordered to defend themselves.

    20 May 2026 · The Ghanaian Times

  4. AG closes prosecution case in GIIF Sky Train trial

    Prosecutors have closed their case in the trial of the former CEO and Board Chairman of the Ghana Infrastructure Investment Fund over a controversial "Sky Train" transaction involving a US$2 million payment made without necessary approvals. The accused have until June 8 to file a submission of no case; if the court rejects it, they must open their defence.

    20 May 2026 · Joy Online

  5. Prosecution closes Skytrain trial; accused seek dismissal

    The Attorney General has closed its case against Solomon Asamoah and Prof Ameyaw Ekumfi, who face charges of causing financial loss to the state over an alleged $2 million Skytrain project disbursement without Board approval. The defence has indicated it will file a no-case submission arguing the prosecution has failed to establish the offences.

    20 May 2026 · Joy Online

  6. PIAC accuses government of breaching oil fund law

    The Public Interest and Accountability Committee has accused Ghana's finance ministers and Parliament of breaching the Petroleum Revenue Management Act between 2021 and 2025 by maintaining the Ghana Stabilisation Fund cap at $100 million instead of the legally required $584.22 million, which should be calculated based on average expected petroleum revenue for a three-year period.

    20 May 2026 · Joy Online

Tuesday 19 May

  1. Ghana breached oil fund law for five years, PIAC reports

    Ghana's finance ministers breached petroleum revenue rules between 2021 and 2025 by capping the Ghana Stabilisation Fund at $100m instead of the legally required $584.22m, according to the Public Interest and Accountability Committee. The committee chair said both the finance ministers and Parliament acted unlawfully, and called on the Finance Minister to use the correct figure and Parliament to ensure compliance.

    19 May 2026 · Joy Online

Monday 11 May

  1. Ghana pushes carbon market participation for climate financing

    Ghana is working to unlock climate financing through carbon markets, leveraging forest resources and policy frameworks, but faces constraints in project development, measurement systems, and regulatory frameworks. The Minister of State for Climate Change said deepening carbon market participation is among the country's near-term priorities alongside renewable energy and climate-resilient infrastructure.

    11 May 2026 · Business & Financial Times

Ghana Infrastructure Investment Fund — Ghanaian press coverage · Ghana Minute