Ghana secures €323m financing package for Northern Ghana water and sanitation project
Finance Minister Dr Cassiel Ato Forson has announced a €323 million financing package for the Northern Ghana Water and Sanitation Project, aimed at addressing persistent water shortages and improving sanitation in parts of the Northern Region and Savannah Region. In a post on his social media page, Dr Forson said he had concluded a meeting … The post Ghana secures €323m financing package for…
Finance Minister Dr Cassiel Ato Forson has unveiled a €323 million financing plan for the Northern Ghana Water and Sanitation Project, aimed at tackling water shortages and improving sanitation in Tamale, Yendi and Damongo. The financing package, announced in a meeting with EIB Vice-President Ambroise Fayolle, includes €98 million in grants from the European Commission and Invest International, along with a €225 million highly concessional facility from the EIB.
The grants make up approximately 30.3% of the total financing, while the EIB facility accounts for 69.7%. The project, though not yet finalized, would significantly enhance water and sanitation infrastructure in the beneficiary communities.
Written by urgent.news from The Chronicle Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- ATO FORSON UNVEILS €323M NORTHERN WATER PROJECT FINANCING PLAN thechronicle.com.gh
