The African Development Bank (AfDB) has announced a new de-risking and credit enhancement facility in Ghana. The initiative aims to unlock long-term financing for infrastructure and real sector projects by targeting institutional investors, particularly pension funds with approximately $5.2 billion in assets.
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Focus on infrastructure and industry
According to Solomon Quaynor, AfDB Vice President for Infrastructure and Industrialisation, the facility is designed “to de-risk local projects and make them more appealing to institutional capital.” It will focus on supporting Ghana’s infrastructure and industrial needs, in line with the government’s 24-hour economy policy.
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Support for SMEs and local industries
The programme will support project preparation, offer knowledge sharing, and provide downstream financing. Key areas include integrated industrial parks for textiles, garments, and light manufacturing. Major projects like the Volta Economic Corridor are also prioritised.
For small and medium-sized enterprises (SMEs), the initiative may offer new funding channels, especially for those linked to industrial supply chains. It also presents opportunities for contract-based participation in large infrastructure projects.
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Implementation timeline
The facility is expected to become operational soon. Its rollout is anticipated to support Ghana’s broader economic transformation by mobilising domestic capital for development.
