Tag: African Development Fund
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Ghana: African Development Fund approves $27.9 million grant for Savannah Agriculture Value Chain Development Project (SADP)
The Board of Directors of the African Development Fund has approved a $27.9 million grant to Ghana for the development of agricultural value chains in the Savannah region. The grant will increase the climate-resilient production of maize, rice and soybean, support the poultry value chain, and generate employment for women and youth. It will increase…
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Government secures US$81.67 million loan for Eastern corridor roads
The African Development Fund (ADF) has approved US$81.67 million loan facility to co-finance sections of the 695-km Eastern Corridor road in Ghana, linking the capital Accra with the northern hinterland and across the borders to the Sahel region. The decision was taken by the African Development Bank (AfDB) Group’s Board of Directors meeting on…
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Govt signs $39m deal to finance planting for food & jobs
Government has signed a 39 million dollar loan agreement with the African Development Fund (ADF) to support government’s planting for food and jobs program. The facility is to finance the Savannah Zone Agricultural Productivity Improvement Project (SAPIP). A statement from the Finance Ministry and copied to Citi Business News said the project will be implemented…