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AfDB Injects $12.8m into Big Push Projects

 


The African Development Bank (AfDB) has agreed to injected $12.83 million into Ghana's Big Push programme, aimed at driving economic growth and development. The grant agreement, signed by Finance Minister Dr. Cassiel Ato Forson, will finance feasibility studies and design development for key projects.

Key Projects include:

- Interchange at 37 Military Hospital: Easing traffic congestion in Accra
- Modern Markets: Agbogbloshie, Techiman, Sekondi, and Mankessim
- Special Agro-Industrial Processing Zones: Afram Plains, Nsawam, and Builsa

The funding will support detailed feasibility studies, including full designs, costings, and environmental and social impact assessments. Dr. Forson expressed appreciation to the AfDB for their partnership, highlighting the significant financial resources and technical support secured through the bank's leadership.

AfDB's outgoing Country Manager, Eyerusalem Fasika, reaffirmed the bank's commitment to Ghana's development agenda, thanking the government for strong cooperation. The feasibility studies are expected to be completed soon, paving the way for construction to commence, potentially by the third quarter.

“Together, we have given it our best shot,” she said, reaffirming the AfDB’s commitment to Ghana’s development agenda.

The projects are expected to boost economic activity, create jobs, and improve infrastructure in Ghana.

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