GHANA INSFRASTRUCTURE INVESTMENT FUND About Us
About GIIF
Background
The Government of Ghana, like many governments worldwide, is increasingly looking for mechanisms to close its infrastructure financing gap. Innovative approaches to infrastructure investment and finance will be critical to this success. The establishment of GIIF is one such innovative approach in catalyzing other sources of finance by leveraging its capital with private sector capital for financing infrastructure projects.
Vision
The mission of Ghana Infrastructure Investment Fund is to leverage GIIF’s funds for the delivery of sustainable world-class infrastructure for Ghana”
Mission
“To facilitate the development of sustainable commercial infrastructure across multiple sectors and industries to accelerate economic growth”
Powers of The Fund
The Fund shall have the power to:
- Create sub-funds, affiliates or subsidiaries in any jurisdiction in furtherance of the object of the Fund.
- Invest in, purchase, maintain, divest from, sell or otherwise realize assets and investments of any kind.
- Borrow and raise money, on its own or in partnership with or through its affiliates, from domestic and international financial markets.
A permanent investment vehicle established by the Government of Ghana with US$ 345 million anchor equity to act as a catalyst to leverage private sector funds into infrastructure assets in Ghana.
Legal Formation
Setup by an Act of parliament in 2014
Fund Size
Unlevered blaance sheet of US $345 million
Mandate
Develop and invest in critical infrastructure
Geographic Focus
Non-recourse or limited recourse in commercially viable PPPs, Concessions, JVs etc. in Ghana
Shareholder
100% owned by Government of Ghana
Products
Debt, Equity, Mezzanine, Credit Enhancement instruments
Our Objectives
During the preconstruction phase, a strategic plan is created and put in place. This plan needs to cover every element of the project ahead and include:
Additional Features
GIIF’s mandate gives it the ability to set up, invest and/or manage ring fenced sub funds.
GIIF can undertake non cash generative, non profit strategic interventions separately funded so as not to affect GIIF’s profitability.