Hearts of Oak fans went into wild celebrations after beating Asante Kotoko on penalties.
The Phobians triumphed 6-5 on penalties after a 1-1 draw in regulation time at the Baba Yara Stadium.
New goalkeeper Ben Mensah saved Prince Acquah's penalty to send Hearts of Oak through.
They will now face Aduana Stars in the final of the second edition of the off season tournament.