{
  "id": 4843803,
  "title": "GIIF records GH¢1.62bn loss in 2025 after GH¢2bn profit in 2024",
  "url": "https://urgent.news/2026/09/01/giif-records-gh-1-62bn-loss-in-2025-after-gh-2bn-profit-in-2024",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T11:00:17.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/giif-records-gh%c2%a21-62bn-loss-in-2025-after-gh%c2%a22bn-profit-in-2024/"
  },
  "original_language": "en",
  "account": "In 2025, the Ghana Infrastructure Investment Fund (GIIF) experienced a massive net loss of GH¢1.62 billion, marking a dramatic reversal from the profitable GH¢2 billion recorded in 2024. The fund's decline was driven by a sharp drop in income, soaring operating costs and a significant foreign exchange loss of GH¢1.87 billion. The net profit margin plummeted from an impressive 96.76 percent in 2024 to a staggering negative 119.16 percent in 2025, while the return on equity plummeted from 31.68 percent to negative 33.39 percent. The vast majority of the loss was attributed to a drastic shift in the value of the Ghana cedi, which transformed a substantial exchange gain in 2024 into a hefty loss in 2025. The Fund's total income dwindled by 37.86 percent, from GH¢813.33 million in 2024 to GH¢505.39 million in 2025, largely due to a 22.47 percent drop in interest income. Operating profit fell by nearly 58 percent, and the net operating margin dwindled from 94.46 percent to 64.19 percent. The cost of operations increased by a whopping 290.25 percent, primarily because of a 301.57 percent surge in general and administration expenses. The Fund's balance sheet contracted, with total assets dropping by about 25.5 percent from GH¢7.83 billion in 2024 to GH¢5.83 billion in 2025. Shareholders' equity fell by 29.79 percent, closing at GH¢4.86 billion. Despite the steep decline, SIGA assessed GIIF's leverage as still within acceptable risk limits.",
  "summary": "The Ghana Infrastructure Investment Fund (GIIF) recorded a net loss of GH¢1.62 billion in 2025, reversing the GH¢2 billion profit achieved in the previous year.",
  "key_points": [
    "Ghana Infrastructure Investment Fund (GIIF) recorded a GH¢1.62bn loss in 2025",
    "Profits surged to GH¢2bn in 2024, a stark contrast",
    "Foreign exchange loss of GH¢1.87bn drove the massive decline"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "GIIF records GH¢1.62bn loss in 2025 after GH¢2bn profit in 2024",
        "url": "https://urgent.news/2026/09/01/giif-records-gh-1-62bn-loss-in-2025-after-gh-2bn-profit-in-2024-4844735",
        "published": "2026-09-01T11:00:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}