The African Development Bank (AfDB) Group is set to establish a special facility in Ghana aimed at reducing investment risks and unlocking financing for infrastructure and real sector development.
The initiative seeks to tap into institutional capital—particularly pension funds, which currently manage an estimated $5.2 billion—to support long-term, transformational projects that drive Ghana’s economic growth.
AfDB Vice President for Infrastructure and Industrialization, Solomon Quaynor shared the vision behind the plan.
“Our aim is to establish and operationalize a credit enhancement and de-risking facility in Ghana as a viable mechanism to unlock institutional capital for infrastructure and real sector financing,” Quaynor said, adding “These credit enhancement tools are designed to de-risk local projects, making them more attractive to institutional investors.
“With approximately $5.2 billion in pension assets under management, our goal is to create a secure mechanism to channel this capital into impactful, growth-driven ventures.”
Quaynor also highlighted AfDB’s commitment to supporting Ghana’s 24-hour economy policy, identifying key areas of collaboration to help bring it to life.
“These areas include comprehensive project preparation support, knowledge-sharing on industrial park development, and downstream financing solutions,” he explained.
“We are particularly excited about the potential to develop integrated industrial parks focused on textiles, garments, and light manufacturing. This also includes support for major transformational initiatives like the Volta Economic Corridor.”