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Endowment Fund

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The main objective of establishing the KNUST COLLEGE OF ENGINEERING ENDOWMENT FUND (KCEEF) is to provide stable and predictable funding for the College of Engineering to enable it to become an internationally acknowledged Centre of Excellence in Engineering Education; produce high calibre graduates with knowledge and expertise to support the industrial and socio-economic development of Ghana and Africa. The target is to raise 50 million Ghana Cedis ($ 5 million) within five years. 

The specific objectives are:

  • Improve the quality of postgraduate programmes
  • Expand access to postgraduate programmes
  • Provide scholarships to attract brilliant postgraduate students and needy undergraduate students
  • Improve infrastructure to support teaching and learning


Sources of Revenue for KCEEF

The main potential sources of income identified to be generated into the Endowment Fund (EF) are the following:

  • Annual Fund Raising through symposiums and other technical educational forums
  • Donations from organizations deploying the use of science and technology.
  • Contribution from the strong and motivated alumni network of the College of Engineering, KNUST.
  • Allocation from portions of the College of Engineering Internally generated funds
  • Investment interest accruing from investing part of the fund with credible investment houses.
  • Private sector organizations, individuals etc.


Application of KCEEF

The use of this fund will be generally limited to expenditures relating to areas under the following budget lines:

  • Financial support to the brilliant and needy postgraduate students by way of scholarships and other bursaries.
  • Expansion of infrastructure to support teaching and research.
  • Financial aid to attract brilliant postgraduate students.
  • Recruitment of critical and strategic academic and non-academic staff on a contract basis until the Government approves their appointment to be regularized.
  • Recruitment of Post-doctoral fellows to enhance the research output of the college. 
  • Any other program that the Trustees of the Fund would deem appropriate.



Donations Received

Name Amount
Honourable Dr Yaw Osei Adutwum, Minister for Education  
Anonymous USD 50,000.00
Volta River Authority (VRA) GHS 2,000,000.00
Ghana Grid Company GHS 1,000,000.00
Ghana National Gas Company GHS 500,000.00
College of Engineering, KNUST GHS 133,301.19
Associated Consultants Limited GHS 120,000.00
Electricity Company of Ghana GHS 100,000.00
National Petroleum Authority GHS 100,000.00
ASIB Construction Ltd GHS 60,000.00
Civil Engineering Class of 1996 GHS 50,000.00
Ghana Institution of Engineers GHS 50,000.00
Electrical Engineering Class of 2002 GHS 40,000.00
Ghana Highway Authority GHS 20,000.00
VRA Staff Deductions for April-July GHS 12,400.00
Civil Engineering Class of 1994 GHS 12,000.00
RPS Engineering GHS 10,000.00
Institution of Engineering & Technology GHS 10,000.00
BrainBirds Academy GHS 2,000.00
Mercury Heights (Suntaa Hospital Ltd) GHS 1,500.00
Ing Christian Nti, CEO of Ghana Highway Authority  
Ing. Amuna  
Ing. Harold Esseku  
Ing. Kwabena Bempong  
Ing. Lesile Addico   
Ing. Ludwig Annan Hesse  
Ing. Philip Amankwah  
Ing. Francis Eben Arkerst  
Ing. Kwabena Adjei Larbi  
Ing. Samuel Akuoko  
Ing. Allotey Celestina   
Bruce Fosuhene Kwadwo  
Frimpong Emmanuel Owusu Foejoe  
Bryan Edem Attigah  
Yaa Okudzeto  
Kwame Osei Baffour Akoto  
Nana Joe Mensah  
Ing. Nana Poku Agyeman   
Total Donations  GHS 4,661,986.50 + USD 70,619.90



Bank Details for Donation

Name of Bank: Stanbic Bank

Account Name: KNUST College of Engineering Endowment Fund

Account Number: 904008248502 (GH₵), 904009527588 (US $ )

Swift Code: SBOCCHAC

Branch: KNUST


To donate to the fund, please click here.