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Indicative program of operations: ADB and Ghana subsidize strategic sectors

04/06/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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At the 2024 Annual General Meeting in BAD Nairobi, Kenya , the African Development Bank (BAD ) and Ghana, have signed an Indicative Programme of Operations that includes a grant of 103 million dollars to support various strategic sectors between 2024 and 2025.

The agreement between Ghana and the AfDB aims to finance key projects in small and medium-sized enterprises, agriculture, skills development, and digitalization. The program also includes the signing of a five-year national strategy document for 2024-2029, which defines priority sectors and projects to be supported by the bank. On the occasion of the signing, the Ghanaian Minister of Finance, Dr. Mohammed Amin Adam, underlined the importance of monitoring and rigorous supervision of projects to ensure optimal use of resources

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