University Of Ghana To Raise Funds For Infrastructure Projects

The university hopes to raise US$100 million for legacy projects.

By Sneha A on
5th September 2023

The University of Ghana (UG) has signed a partnership agreement with local fintech company Eban Capital for support in raising US$100 million to fund the university’s 75th-anniversary legacy infrastructure projects, Ghana News Agency (GNA) reports.

The legacy projects include the construction of a student experience centre, new lecture halls, a graduate school building, student accommodation and the modernisation of classrooms. 

UG will make use of Eban Capital’s member platform to gather funds from alumni, corporate bodies and the general public. Donations can be made electronically through cards, mobile wallets and fund transfers. 

Senior management of the university conducted an inspection of construction works underway at the campus in early August including the 900-bed Diamond Jubilee Hostel, an alumni-sponsored hotspot comfort zone building and the genomics medicine building complex, which is due to be completed by November.

The genomics medicine building complex for the West African Genetic Medicine Centre will feature classrooms, seminar rooms, laboratories and a 200-seater auditorium.

Other works in progress at the university include the redevelopment of the on-campus Night Market and facilities for the upcoming 13th African Games in Accra.

Photo: Agreement signing (Source: University of Ghana)

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