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Ghana Urged to Reform Education Financing to Prevent Skills Deficit

Africa Education Watch has warned that declining public investment in education threatens Ghana's future workforce. Experts are calling for urgent reforms in financing and a greater emphasis on TVET to bridge the growing skills gap.

The Business & Financial Times24 March 20262 min readGhana

During the 'Achimota Speaks' forum, Mr. Kofi Asare, Executive Director of Africa Education Watch, highlighted a concerning trend in Ghana’s education sector: public spending has plummeted from 8% of GDP in 2011 to just 3.1% today. This decline falls significantly short of UNESCO benchmarks and risks compromising the nation's long-term economic outcomes.

The forum emphasized that the current education model is failing to produce a workforce with practical, employable skills. With only 10% of secondary students enrolled in TVET programs—compared to 40% in OECD nations—there is an urgent need to diversify educational pathways. Experts argued that without a shift toward practical skills, the country faces a looming jobs deficit.

To address these challenges, the consensus among thought leaders is that Ghana must overhaul its financing and governance structures. Proposals include fostering stronger collaboration between the government, private sector, and NGOs, and exploring sustainable funding models to ensure that teaching and learning materials are adequately provided, even within the context of free education policies.

Why It Matters

For education leaders and policymakers, this serves as a critical warning that current funding levels are unsustainable. Addressing the skills-jobs mismatch is essential for Ghana's economic competitiveness and the employability of its youth population.

Key Takeaways

  • Public education spending dropped to 3.1% of GDP
  • Urgent need for TVET expansion
  • Skills-jobs mismatch threatens future economy
  • Call for multi-stakeholder financing models