The Ghana Education Trust Fund (GETFund) has signed a landmark Memorandum of Understanding (MoU) with Sky Brokers, a leading local logistics company, to offer pre-financing support to contractors and suppliers engaged in GETFund-funded projects.
The MoU is to help accelerate project delivery and enhance the efficiency of education infrastructure development across the country in line with the reset agenda of His Excellency, President John Mahama.
The MoU establishes a collaborative framework where Sky Brokers and its Chinese partners Jiangsu Yisong Construction Engineering Co. Ltd. will provide tailored and flexible pre-financing solutions to contractors and suppliers executing GETFund-approved projects.
This initiative is designed to bridge funding gaps, reduce project delays, and ensure the timely completion of critical educational infrastructure.
The Administrator of GETFund, Mr Paul Adjei, speaking at the ceremony, stated that “one of the key challenges affecting timely project execution is access to upfront capital. This partnership with Sky Partners addresses that gap directly. 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.”
On his part, the Managing Director of Sky Brokers, Mr Mesuna Deliman Osman, described the partnership as a transformative one that will boost the capacity of local contractors.
“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. This MoU represents not just a financial partnership but a shared vision to improve educational outcomes in Ghana.”
By: Rainbowradioonline.com/Ghana
