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MIIF injects $700 million dollars into Ghana’s economy as it posts Ghc409m profits in 2023

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The Minerals Income Investment Fund (MIIF) in 2023 defied all odds and the global economic downturn with a stellar financial performance in 2023 recording a net profit of GHS 409 million from GHS205 Million in 2022. The Fund also recorded an increase in revenue from GHS 323 million in 2022 to GHS456 million in 2023. “MIIF’s assets under management may increase to US$ 1.5 Billion dollars by end 2024 as it begins a revaluation of assets including Government of Ghana’s free carried interests” According to the CEO of MIIF Mr Edward Nana Yaw Koranteng, MIIF is currently evaluating its assets...
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