Advisory firm Cnergy Global Holdings has endorsed Ghana’s infrastructure focus but raised concerns over allocated funding levels in the 2025 Mid-Year Budget.
The government’s GHS13.8 billion “Big Push” initiative aims to link transport, energy, and industrial projects to its 24-Hour Economy policy and IMF-aligned credit ceilings.
In its official budget review, Cnergy acknowledged infrastructure’s critical role as “a catalyst for inclusive sustainable progress,” supporting connectivity between agriculture, industry, and commerce. The report praised alignment with Ghana’s structural transformation goals but described the allocated sum as “woefully inadequate” given nationwide infrastructure gaps.
The firm urged renegotiation of the $215 million IMF/Official Creditor Committee credit ceiling to expand financing. It recommended prioritizing “self-liquidating projects” that generate measurable economic returns to reduce debt risks. Cnergy further questioned whether selected projects target “critical growth poles” effectively, emphasizing strategic allocation over scattered investments.
These observations follow Ghana’s improved macroeconomic conditions, including cedi stabilization and moderated inflation. Cnergy noted this creates a narrow window for transformative investment requiring “bold and wise” execution. The initiative faces scrutiny amid ongoing challenges in road networks, healthcare facilities, and industrial zones nationwide.
