Accra: The Ghana Education Trust Fund (GETFund) has initiated the construction of a 250-bed boys' dormitory block with a courtyard at Achimota School, securing GhS18,702,819.08 in private funding under its Education Financing and Partnership Initiative (EFPI).
According to Ghana Web, Saka Homes, owned by alumnus Ebenezer Kwadwo Saka Addo-Mensah, is the first company to fully fund a project under the GETFund initiative. The sod-cutting ceremony was led by Paul Adjei, the Administrator of GETFund, who received the donation on behalf of the Fund.
Speaking at the event, Adjei emphasized that the project is not just a new building but a reflection of a shared commitment to preserving educational excellence and fostering an environment conducive to student growth and potential.
Adjei expressed gratitude to Mr. Saka Addo Mensah for his significant contribution to Achimota School, highlighting the inspiring example of alumni involvement in educational development. He underscored that quality education relies on both excellent teaching and the availability of modern, conducive learning facilities.
Through the EFPI, GETFund plans to continue investing in educational infrastructure, including classrooms, laboratories, libraries, and student accommodations, to enhance teaching and learning outcomes. Adjei noted that the project aligns with President Mahama's vision of providing infrastructure that supports academic excellence and student well-being.
Ebenezer Saka Addo Mensah, Managing Director of Saka Homes, expressed his gratitude to GETFund for their support and guidance, encouraging others to contribute to educational projects. He urged students to aspire to give back in the future.
Education Minister Haruna Iddrisu emphasized the importance of increased investment in education and called on President John Dramani Mahama to prioritize funding for basic and foundational education as a cornerstone of national development.
Achimota Senior High School's Headmaster, Ebenezer Graham Aquaah, spoke of gratitude and hope, noting that the ceremony marks a new chapter in the school's century-long history. He described the new dormitory as a home where future leaders will live, dream, and study.
The GETFund tax credit scheme allows companies and individuals who invest in educational infrastructure to choose project locations and brand completed facilities. They are also eligible for tax-deductible expenses through arrangements with the Ghana Revenue Authority.
The two-storey 250-bed dormitory is expected to alleviate accommodation pressures at Achimota School and expand access to secure housing for students.