The Ghlobal Diaspora Council (GDC) has appointed Professor Douglas K. Boateng as Chair of the Ghlobal Homeland Fund Implementation Committee (GHFIC), the body tasked with setting up the Ghlobal Homeland Fund — a new private-sector–driven investment vehicle intended to mobilise resources from the Ghanaian Diaspora for national development.

The GH Fund, expected to be formally launched in 2026, aims to channel long-term investment into areas including infrastructure, housing, agriculture, health, technology, industrialisation and digital transformation.

According to the GDC, the initiative is designed to tap global Ghanaian expertise, capital and networks to support medium- to long-term national development priorities.

Professor Boateng, a governance specialist and respected advocate for industrial development, is expected to provide strategic and supervisory oversight as the committee works to establish the governance, regulatory and operational framework for the Fund.

A Chartered Engineer and Chartered Director, he has served in advisory and leadership roles across several sectors and has worked with executives and organisations operating in multiple regions, some with revenues of up to USD 40 billion. He is also recognised for his work on boardroom governance, supply chain strategy and public-sector reform.

Under his leadership, the GHFIC will oversee legal, financial, governance and technical advisory processes for the Fund’s establishment; guide the development of digital platforms for Diaspora engagement and contributions; and support the identification of a substantive CEO and executive team to run the Fund once operational.

The GDC says the committee’s work will focus on ensuring the Fund is built on “institutional integrity, global compliance and long-term value creation”. Oversight will also include ensuring the Fund meets international transparency and securities requirements and is positioned as a credible vehicle for Diaspora-led investment.

The GH Fund is being framed as a professionalised platform to support industrialisation, build national resilience and create long-term assets, with the Council hoping it will become one of the most significant Diaspora-backed financing mechanisms on the continent.

Professor Boateng responds

In brief remarks following his appointment, Professor Boateng said the initiative reflects a broader responsibility to future generations.

“The Diaspora is undoubtedly ready to support the development of our motherland through a governance-driven, long-term vehicle that protects the future of the unborn African child,” he said. “The GH Homeland Fund is not about politics. It is about national development, intergenerational responsibility, and building a Ghana that competes confidently in the decades ahead.”

He added that he intends to leverage his international networks to help raise at least USD 1 billion by 2027 to support Ghana’s long-term economic transformation.