Government announces merger of MIIF and GIIF into Sovereign Wealth Fund

The Minister for Finance, Dr Cassiel Ato Forson, has announced that the Government will merge the Minerals Income Investment Fund (MIIF) and the Ghana Infrastructure Investment Fund (GIIF) into a single entity to be known as the Ghana Sovereign Wealth Fund (GSWF).

​Presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026, Dr Forson stated that while Ghana’s mineral wealth and public assets can serve as the foundation of lasting prosperity, the country’s current investment arrangements are scattered—a structure that weakens coordination and long-term planning.

​”Government will therefore merge the Minerals Income Investment Fund and the Ghana Infrastructure Investment Fund to create the Ghana Sovereign Wealth Fund,” the Finance Minister told the House. “The Fund will improve investment origination and coordination, increase returns and finance transformative projects.”

​Anchoring the 24-Hour Economy

According to the Finance Minister, a core mandate of the new Ghana Sovereign Wealth Fund will be to serve as the equity partner for projects under the 24-Hour Economy and Accelerated Export Development Programme.

​While noting to Parliament that the 24-Hour Economy and Accelerated Export Development Programme is a private sector-led initiative, Dr. Forson explained that the Ghana Sovereign Wealth Fund will help originate viable investments, attract private capital, and strengthen the programme’s overall impact.

​The consolidation is expected to bring MIIF’s mineral royalty management and GIIF’s infrastructure financing operations under one unified investment vehicle to drive long-term national development.