Ghana: Finance Minister Chairs New 13-Member Public-Private Partnership Working Committee
The inauguration was conducted by Deputy Finance Minister, Hon. Thomas Ampem Nyarko, who underscored the importance of the committee's work in the context of limited fiscal space. He stressed that enhanced private sector engagement is now essential to meeting the country's development needs.
In his remarks, Dr. Forson emphasized the need to reform how PPPs are designed and executed in Ghana. He said the era where government-dominated projects are called public-private partnerships must end. True PPPs must involve real risk-sharing between government and the private sector. According to him, what has been seen over the years does not reflect what a proper PPP should be.
The committee is tasked with streamlining Ghana's PPP framework to ensure that future projects are sustainable, transparent, and deliver value for money.
Members of the Committee:
1. Dr. Cassiel Ato Forson, MP – Minister for Finance (Chairperson)
2. Dr. Dominic Akuritinga Ayine, MP – Attorney General and Minister for Justice
3. Hon. Elizabeth Ofosu-Adjare, MP – Minister for Trade, Agribusiness and Industry
4. Dr. Audrey Smock Amoah – Director-General, National Development Planning Commission
5. Mr. Simon Madjie – CEO, Ghana Investment Promotion Centre
6. Mr. Frank Mante – CEO, Public Procurement Authority
7. Prof. Nana Ama Brown Klutse – Executive Director, Environmental Protection Agency
8. Prof. Anthony Owusu-Ansah – Executive Secretary, Lands Commission
9. Mr. Samuel Manu Asiama – Chartered Institute of Bankers Representative
10. Ing. Festus Ofoli Odametey – Ghana Institution of Engineers Representative
11. Mad. Nana Oye Bampoe Addo – Deputy Chief of Staff, Office of the President
12. Mad. Shamima Muslim – Deputy Presidential Spokesperson
13. Mr. Patrick Nomo – Chief Director, Ministry of Finance (Secretary)
The committee is expected to provide technical guidance and oversight to ensure that PPPs are properly structured and aligned with Ghana's development goals.
Distributed by APO Group on behalf of Ministry of Finance - Republic of Ghana.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
an hour ago
- Zawya
Ceasefire in doubt as Rwanda-backed rebels kill hundreds in eastern Democratic Republic of the Congo (DRC)
Hopes for peace in the Democratic Republic of the Congo (DRC) have been shaken by a surge in brutal attacks on civilians by armed groups, including the Rwandan-backed M23 militia, in the country's troubled eastern region. The UN human rights office (OHCHR) said it had received first-hand accounts indicating that at least 319 civilians were killed by M23 fighters, aided by members of the Rwanda Defence Force, between 9 and 21 July in North Kivu province. Most of the victims, including at least 48 women and 19 children, were local farmers camping in their fields during the planting season. Stop attacks immediately Volker Türk, UN High Commissioner for Human Rights, condemned the 'surge of deadly violence'. 'I am appalled by the attacks on civilians by the M23 and other armed groups in eastern DRC amid continued fighting, despite the ceasefire that was recently signed in Doha,' he said in a news release on Wednesday. 'All attacks against civilians must stop immediately and all those responsible must be held to account.' The latest massacre marks one of the highest civilian death tolls documented since the M23 – a group largely composed of Congolese Tutsi fighters established over 15 years ago – re-emerged as a major military threat in 2022. Peace agreement faltering The spike in violence comes just weeks after two high-level peace initiatives appeared to offer a path forward. On 27 June, Rwanda and the DRC signed a bilateral peace agreement in Washington, followed by the so-called Doha Declaration between the DRC Government and M23 rebel leaders on 19 July, which committed both sides to a ceasefire and further negotiations. However, humanitarian NGOs say little has changed on the ground. 'I urge the signatories and facilitators of both the Doha and Washington agreements to ensure that they rapidly translate into safety, security and real progress for civilians,' Mr. Türk said. Attacks from all sides Meanwhile, other armed groups continue to terrorise civilians across eastern Congo. In July alone, the UN documented deadly attacks by the Allied Democratic Forces (ADF), Coopérative pour le développement du Congo (CODECO) and Raia Mutomboki/Wazalendo militias in Ituri, South Kivu and North Kivu. On 27 July, ADF fighters attacked a Christian congregation in Ituri's Komanda village, killing at least 40 worshippers – including 13 children – and torching homes, shops and vehicles. Earlier in the month the same group killed at least 70 civilians in a single attack on Pikamaibo village. Women and girls are also enduring systematic sexual violence as a weapon of war. On 27 July, eight women were raped by Raia Mutomboki/Wazalendo fighters in South Kivu's Busolo village. Worsening humanitarian crisis The growing insecurity is fuelling what humanitarians describe as one of the world's most acute humanitarian crises. According to UN figures, over 7.8 million people are now internally displaced (IDPs) in eastern DRC – the highest figure on record – while 28 million people are facing food insecurity, including nearly four million at emergency levels. Adding to the strain, more than 30,000 refugees from South Sudan have fled into Ituri province since April, escaping a wave of killings and active hostilities across Central Equatoria State. The World Food Programme (WFP) has warned that funding shortfalls may soon force it to suspend lifesaving assistance to hundreds of thousands. Health services are also collapsing under pressure. In the first half of 2025, 33 attacks were recorded on health workers and facilities – a 276 per cent increase from the previous six months, according to the UN reproductive health agency, UNFPA. Distributed by APO Group on behalf of UN News.
The National
2 hours ago
- The National
Syria to expand main airport and build subway in $14 billion deal with foreign partners
The new Syrian government has announced the country's largest foreign investment deal in years, with a massive $14 billion to modernise infrastructure. The funding will go towards modernising Damascus airport and the revival of a long abandoned plan to construct a metro system in the capital, among other projects. "We are announcing a group of 12 major strategic projects for a total of $14 billion," Talal Al Hilali, the head of the Syrian Investment Authority, said at the ceremony at the presidential palace on Wednesday. The plans include a $4 billion investment project for Damascus airport with Qatar's UCC Holding, a deal worth more than $2 billion for a mall and two towers developments, signed with the Italy-based construction firm Ubako, and a $2 billion investment for a Damascus metro system. The metro deal follows talks between a delegation from the UAE's National Investment Corporation, Syrian Minister of Transport Yarub Badr and Damascus Governor Maher Marwan earlier this week. The projects "will extend across Syria and represent a qualitative shift in infrastructure and economic life", Mr Al Hilali said. President Ahmad Al Shara and US special envoy for Syria Tom Barrack were present at the signing ceremony. Mr Barrack congratulated Syrian authorities on "another great accomplishment", saying they will witness the rise of a "new hub" in "trade and prosperity". Foreign investment in Syria was enabled by US President Donald Trump's decision to lift sanctions imposed during Mr Al Assad's rule. The EU followed suit soon afterwards. "The future of a prosperous and peaceful Syria is in the hands of Syria and its regional partners, like Qatar's UCC and Turkey's Cengiz and Kalyon groups who were awarded the Build-Operate-Transfer for the new Damascus International Airport," Mr Barrack said in a post on social media. "The path to recovery must begin with the fits and starts of building a foundation of security and stability, then followed by government systems and ultimately enterprise and prosperity." The UN has estimated that Syria's postwar reconstruction will cost more than $400 billion. Several agreements have already been announced. Last month, Saudi Arabia signed major investment and partnership deals with Syria, valued at $6.4 billion. Also in July, Syria signed an $800 million deal with UAE-based company DP World to develop the port of Tartus, state media reported. In May, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish and US companies as it seeks to revive its crippled power sector. Mr Al Hilali said the signing ceremony on Wednesday was "a clear declaration that Syria is open to investment, determined to build a prosperous future, and ready to work side by side with our trusted partners to write a new chapter of progress and development', Syrian state news agency Sana reported. promote trade ties.
Zawya
2 hours ago
- Zawya
Statement by the Chairperson of the African Union Commission on the Tragic Helicopter Crash in Ghana
The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, has learned with deep sorrow of the tragic helicopter crash in the Ashanti Region of the Republic of Ghana, which claimed the lives of eight people, including Ghana's Minister of Defence, Hon. Edward Omane Boamah, and Minister of Environment, Science, Technology and Innovation, Hon. Ibrahim Murtala Mohammed. The Chairperson conveys his heartfelt condolences to H.E. President John Dramani Mahama, the Government and people of Ghana, and the bereaved families of all those who lost their lives in this national tragedy. He also expresses his solidarity with the Ghana Armed Forces and the ruling National Democratic Congress during this difficult time. H.E. Mr. Youssouf stated, 'The African Union stands in full solidarity with Ghana in mourning this profound loss. May the souls of the departed rest in eternal peace.' Distributed by APO Group on behalf of African Union (AU).
