Mr. Kwadjo Saka Addo Mensah, Managing Director of Saka Homes, has committed GHS 18 million to build a 250-bed dormitory block for Achimota School. This significant pledge will address critical accommodation needs for students.
The announcement was made at the GETFund Headquarters in East Legon on May 29, 2026. This project is a partnership with the Ghana Education Trust Fund (GETFund). The partnership allows individuals and companies supporting educational infrastructure to receive tax credits. This incentive helped make the GHS 18 million commitment possible.
This initiative fits into Ghana's broader efforts to improve educational infrastructure. A 2023 report by the Ministry of Education highlighted significant deficits in school accommodation nationwide. The GETFund's tax credit scheme aims to attract private sector funding for these projects. This approach eases the financial burden on the government.
Mr. Addo Mensah described himself as a philanthropist deeply committed to education. He stated, “I like to give for the good of humanity. This is an initiative that has been on my heart for a long time.” He also explained the role of the GETFund initiative. It offers tax credits to private entities supporting educational infrastructure projects. These tax reliefs are provided through the Ghana Revenue Authority (GRA).
The commitment has significant implications for both Achimota School and Ghana’s education sector. It will immediately ease accommodation challenges and improve living conditions for 250 students. This project also sets a precedent for increased collaboration between the private sector and government. Decision-makers will observe how this model encourages further private investment in other critical areas. The success of this GHS 18 million project may influence future policy directions for public-private partnerships.
Mr. Addo Mensah chose Achimota School due to his strong emotional connection as an alumnus. He previously donated a 48-bed ward to the school five years ago. This new GHS 18 million dormitory underscores his continued dedication. He urged other business leaders to utilize the GETFund tax relief scheme. This encourages more private investment in educational development across Ghana. The project highlights a growing trend of corporate Ghana contributing to national development goals. This GHS 18 million investment demonstrates the potential impact of such collaborations. The benefits include improved learning environments and increased access to quality education.