In a significant move aimed at accelerating the completion of education infrastructure across the country, the Ghana Education Trust Fund (GETFund) has signed a Memorandum of Understanding (MoU) with logistics firm Sky Brokers to offer pre-financing support to contractors and suppliers involved in GETFund-funded projects.
Under the agreement, Sky Brokers, in partnership with Chinese construction firm Jiangsu Yisong Construction Engineering Co. Ltd, will provide flexible pre-financing packages to contractors executing GETFund-approved works. The partnership is designed to address persistent funding delays that have historically slowed down school construction and educational facility upgrades.
Speaking at the signing ceremony, GETFund Administrator Paul Adjei described the deal as a game-changer for the Fund’s operations.
“One of the key challenges affecting timely project execution is access to upfront capital. This partnership with Sky Partners addresses that gap directly,” Mr. Adjei said. “It aligns with our commitment to deliver on our mandate effectively, ensuring that schools and educational facilities are delivered on time and at the highest quality standards.”
Sky Brokers Managing Director, Mr. Mesuna Deliman Osman, said the initiative is not just a financial arrangement but a shared national objective.
“We are proud to collaborate with GETFund on this transformative initiative. Our financing solutions are tailored to support local contractors and suppliers, boosting their capacity to deliver,” Mr. Osman noted. “This MoU represents not just a financial partnership, but a shared vision to improve educational outcomes in Ghana.”
The partnership is expected to reduce lead times, enhance transparency and accountability, and empower more local contractors to participate meaningfully in the education sector. It also aligns with President John Mahama’s vision of improving equitable access to quality education nationwide.
GETFund and Sky Brokers say they are committed to implementing the agreement in ways that deliver real improvements in school infrastructure delivery and overall learning conditions.
The partnership is seen as a boost to the government’s ongoing efforts to address infrastructure gaps in basic and secondary education.