Ghana news briefing
EBID Board approves some $510m to drive development across West Africa
The financing is expected to support investments in transport infrastructure, healthcare, renewable energy, and private-sector development across West Africa, according to its release to the Ghana News Agency.
Key operations endorsed by the Board include Ghana are the Transport Infrastructure: worth $150 million credit facility for Maripoma Enterprise Limited to support eight strategic road and bridge projects with an estimated portfolio value of approximately $1.
The fifth is the Sierra Leone – Financial Sector: $50 million subordinated loan facility for WAICA Reinsurance Corporation Plc to strengthen its capital base and expand financing for infrastructure, energy, transport, and agriculture while promoting Environmental, Social and Governance (ESG) standards.
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