A significant boost to Ghana’s higher education industry has come with the announcement by the government of a GH¢40 million seed financing package to strengthen recently founded public universities.
At the 5th Congregation Ceremony of the C.K. Tedem University of Technology and Applied Sciences (CKT-UTAS) in the Upper East Region on Saturday, June 21, Minister of Education Haruna Iddrisu revealed the allocation in a keynote speech.
The funds would be distributed through the Ghana Education Trust Fund (GETFund) as part of the 2025 budgetary provisions, the Minister, who is the Special Guest of Honor, stated.
“This government is fully committed to nurturing our young public universities, ensuring they have the necessary resources to develop and provide quality education that meets the demands of our evolving economy,” the Minister stated. “This seed funding through GETFund is a testament to that commitment.”
The GH¢40 million package will be distributed evenly among four important up-and-coming institutions, with GH¢10 million going to each to assist academic initiatives, operational capacity, and infrastructural development. Those that stand to gain include:
• C.K. Tedem University of Technology and Applied Sciences (CKT-UTAS)
• University of Energy and Natural Resources (UENR)
• University of Health and Allied Sciences (UHAS)
• S.D. Dombo University of Business and Integrated Development Studies (SD-UBIDS)
The Minister stated that the fund’s goal is to help these institutions grow and develop more quickly so they can improve the overall learning environment, increase research output, and expand their infrastructure.
He said the program is a component of a larger government plan to increase access to high-quality postsecondary education and promote the development of human capital in vital economic areas.
Graduates, academics, and dignitaries in attendance enthusiastically applauded the announcement, emphasizing the investment’s importance for Ghana’s postsecondary education system going forward.