Work on the ICT Policy for Ghana started in October 1998, when a National Communications Policy Conference dubbed, COMPOL ‘98’ involving all stakeholders in the ICT sector was held at the International Conference Centre in Accra. The policy document was finalised in October 2000 at Akosombo for the approval of Cabinet. However, Cabinet could not pass the Communications Bill before the then government went out of power.
In September 2001, the government organised another National Communications Policy Conference, at the Ghana Institute of Management and Public Administration (GIMPA), to review and update the Communication Policy Document formulated by the previous government in 1998. The formulation of a comprehensive ICT Policy, known as Ghana Information and Communication Technology for Accelerated Development (ICT4AD), was completed and the result is what is today referred to as Ghana ICT Policy for Accelerated Development.
Under the Ghana ICT Policy for Accelerated Development, the Ghana Investment Fund for Electronic Communications (GIFEC), (formerly the Ghana Investment Fund for Telecommunications (GIFTEL)) was created as an implementing agency of the Ministry of Communications, in January 2004, to facilitate the provision of ICT, Internet connectivity and infrastructure to underserved and un-served areas of the country.
In July 2004 the Government of Ghana set up Ghana Investment Fund for Telecommunications (GIFTEL) as an agency of the Ministry of Communications to facilitate the provision of universal access to basic telephony by the unserved and underserved communities in the country. The Electronic Communications Act 775 promulgated in 2008, gave the legal backing to the agency (which started operations in January 2005), changed the agency’s name to the Ghana Investment Fund for Electronic Communication (GIFEC) and widened the scope of its mandate to include the provision of access to electronic services including ICT, broadcasting, internet, multimedia service and basic telephony, by the unserved and underserved communities in Ghana.