Manasseh sets the record straight on Northshore Apparel GH; dispels 1D1F claim
In the ongoing discussion about Northshore Apparel GH, the extent of the Government of Ghana’s involvement and whether it was part of the 1D1F projects, I got the following facts from the promoters of the initiative. Read Also: Northshore Apparel factory creates 3,000 jobs, targets 10,000 at full capacity These are the facts known to […]
Manasseh has clarified details about Northshore Apparel GH, refuting claims that the project was part of the 1D1F initiatives. The project idea was presented to the NPP government in 2022 through the 1D1F secretariat, but it was never funded. Northshore received grant funding from Investing For Employment, a loan facility from ADB PLC, and equity contributions from its promoters.
The ADB PLC loan was not advanced under concessionary terms or as part of any 1D1F program; it was a regular commercial transaction secured by the promoters' properties. Government representatives were invited to the project's ground-breaking, but they distanced themselves, except for the Municipal Chief Executive of Savelugu. Northern Regional Minister's attendance was not confirmed, and the project faced default risk in 2025.
Ghana Exim Bank stepped in, increasing the scope, paying off ADB PLC, and financing the project at concessionary rates, finally completing it. The YEA and NYA also contributed by training 1,000 beneficiaries each. Despite this support, the project's ties to 1D1F remain unsubstantiated.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
