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Ghana News

African Development Bank Group Officials in Ghana to Enhance Cooperation and Partnership for National Development

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The African Development Bank (AfDB) Group officials have arrived in Ghana to discuss means of enhancing their cooperation and partnership with the government for national development. The delegation, led by Mrs Marie-Laure Akin-Olugbade, Vice President of AfDB responsible for the Regional Development, Integration, and Business Delivery Complex, met with Vice President Dr Mahamudu Bawumia at the Jubilee House in Accra.

During the meeting, both parties discussed the progress and challenges of ongoing projects funded by the AfDB, as well as ways to expand and diversify the scope of their partnership. The delegation expressed their continued support for Ghana’s development agenda, especially in key areas such as infrastructure, agriculture, and private sector development.

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For the most part, the AfDB’s involvement in Ghana has focused on financing infrastructure projects such as the expansion of the Kotoka International Airport, the construction of the Pokuase Interchange, and the rehabilitation of the Kumasi Market. The bank has also provided support for Ghana’s agriculture sector through financing the Savannah Agricultural Productivity Improvement Project (SAPIP).

In addition, the AfDB has been instrumental in supporting Ghana’s private sector development, including the establishment of the Ghana Incentive-based Risk-sharing System for Agricultural Lending (GIRSAL) to help boost lending to the agricultural sector.

The AfDB officials emphasized their commitment to working closely with the government of Ghana to identify and implement transformative projects that will help drive sustainable economic growth and development in the country. They also pledged to continue providing technical and financial support to Ghana’s development agenda.

In a nutshell, the visit by the AfDB delegation signifies the bank’s continued commitment to supporting Ghana’s development efforts, particularly in infrastructure, agriculture, and private sector development. The partnership between the AfDB and Ghana is critical to achieving the country’s development goals and driving sustainable economic growth.

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