Also known as: GIIF
Verbatim sentences from the source article.
The Ghanaian Times
… The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF). …
State closes case in missing US$2M ‘Sky Train’ matterJoy Online
Deputy Attorney-General and Minister for Justice, Justice Srem-Sai, has announced that prosecutors have closed the prosecution’s case in the ongoing trial involving former officials of the Ghana Infrastructure Investment Fund (GIIF) over the controversial “Sky Train” transaction. …
AG closes case in GIIF ‘Sky Train’ trialJoy Online
… The two are facing charges of causing financial loss to the state over the alleged disbursement of $2 million for the proposed Skytrain project without approval from the Board of the Ghana Infrastructure Investment Fund. …
Prosecution closes case in Skytrain trial as accused prepare no-case submissionJoy Online
… PIAC also recommended that the government enact legislation to regulate the transfer of funds allocated to the “Big Push” programme from the Annual Budget Funding Amount (ABFA) to the Ghana Infrastructure Investment Fund (GIIF). …
PIAC accuses government of breaching oil fund law with $100m cap instead of required $584mJoy Online
… He said PIAC also wants the government to put into law how money meant for the Big Push programme can be moved from the Annual Budget Funding Amount to the Ghana Infrastructure Investment Fund. …
Gov’t breached oil fund law for 5 years, kept $100m cap instead of $584m – PIAC reportBusiness & Financial Times
… The Office has also facilitated engagements between local financial institutions – including the Ghana Infrastructure Investment Fund (GIIF) and Ghana Investment Promotion Centre (GIPC) – and international partners to build a pipeline of bankable climate projects across sectors s …
Economy eyes carbon market gainsLawyers 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.
9 hours ago · Joy Online →
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.
9 hours ago · Joy Online →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →