Abstract:
Ghana’s contribution to RSIF: Ghana became a member of PASET in 2019 and it
hosted the PASET Governing Council (GC) meeting in
December 2019. The Minister of Education represents
Ghana in the PASET GC, and the Executive Secretary,
National Council for Tertiary Education (NCTE), sits in
the PASET Executive Board (EB).
Ghana has made an initial US$2 million contribution
to RSIF. 80% of Ghana’s contribution directly supports
training of Ghanaian scholars and is currently
committed to enrolled students in the RSIF PhD
scholarship programme. The potential of Ghana’s
innovative expansion due to this investment is
multiplied when leveraged by the funds through
matching support from various donors, including the
Government of Korea, international partner institutions
and others.
By being part of RSIF, Ghana benefits from joint
resource mobilization with other countries and
capacity building for PhDs and research and innovation
far into the future. PASET aims to mobilise over USD
500 million into the RSIF endowment fund, with
an estimated 20% to be allocated to research and
innovation projects for the benefit of citizens and
institutions of participating countries. Many African
countries are interested to be part of this.
