ACCRA (Reuters) – Germany has pledged 82 million euros ($86 million) to Ghana in grants to assist renewable vitality and monetary sector growth, Ghana’s finance ministry mentioned in an announcement late on Thursday.
The grants are additionally meant to assist technical abilities coaching, good governance, digital infrastructure transitions, meals safety and feminine empowerment, the assertion mentioned.
A part of the cash will go in the direction of the newly-created Ghana growth financial institution, which the assertion mentioned would “guarantee entry to long run and inexpensive capital in difficult financial instances.”
The West African nation has been unable to entry worldwide capital markets since flurry of credit score scores downgrades initially of the 12 months.
($1 = 0.9495 euros)