BREAKING NEWS

    ECOWAS Bank for Investment and Development, Injects Over $300million Into Ghana’s Economy

    Posted On 06 Aug 2020
    By :
    Comments: 14

    By Richard Adorsu-

    Photo Credit: ECOWAS Bank for Investment and Development

    NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- ECOWAS Bank for Investment and Development says it has invested over $300-million into Ghana’s economy. Areas of investment, the bank said to include, Energy, Trade, Technology, Tourism and hospitality industry.

    Dr. George Nana Agyekum Donkor, the President of the Bank, made this known when he and other staff of the bank paid a courtesy call on Chief Justice Kwasi Anin Yeboah at his office in Accra on Monday.

    The meeting was to afford the bank to discuss with Ghana’s Judiciary matters of mutual interest.

    Dr. Donkor said the bank was currently providing electricity to 114 communities in Ashanti and Bono Regions.

    The bank is also constructing an ultra-modern hospital in Bekwai in the Ashanti Region and a shopping mall in Kumasi,

    Dr. Donkor, who had also worked with the bench and left in 2003, said he was elated to have returned to Ghana to hold discussions with Ghana’s Judiciary.

    “We are here to meet the judiciary to see how best we could be of use to them in their operations, especially in the training of judges and staff in the area of Information Communication and Technology (ICT). The bank is ready to collaborate with the judiciary in the areas of mutual interest,” he added.

    According to him, the bank has over the years followed the development in the judiciary, adding that the judiciary was key to the progress of every nation.

    “If the judiciary does well, we will also do well”, he added.

    The President of the Bank said as a matter of urgency, the Bank was going to lend support for the training of Judges and staff.

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    Chief Justice Yeboah appealed to the bank to assist the judiciary to build its Judicial Training Institute.

    According to the Chief Justice, the land was acquired but the judiciary’s challenge was with funding of the project.

    “Our problem has to do with financing. It has not been easy securing funding for the project look at our budgetary allocation. The judiciary is a non-profit making institution. We would have gone far but for the money. We need about $50 million for the construction of the institute.”

    Chief Justice Yeboah said the Indian High Commission had promised to provide the judiciary library with over 50,000 books.

    According to Justice Yeboah, the training institute was crucial in the training of judges and supporting staff adding “we need to be abreast with Technology now.”

    The bank is made up of 15-member states and is located in Togo.

     

     

    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    New Africa Business News Person of the year 2020
    Start Voting for New Africa Business News Person of the year 2020. Nomination Starts July 04 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. New Africa Business News Person of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
    Accelerating Intra-African Trade and Boosting Africa’s Trading Position in the Global Market by Strengthening Africa’s Common Voice and Policy Space in Global Trade Negotiations. For More Information Contact: African Union Headquarters, P.O. Box 3243, Roosvelt Street W21K19, Addis Ababa  Ethiopia,  Tel: +251 11 551 77 00  Fax: +251 11 551 78 44.

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. Africa President of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

    HELP FIGHT CLIMATE CHANGE
    United Nations Environment Programme (UNEP) Leading Global Environmental Authority that Sets the Global Environmental Agenda, Promotes Coherent Implementation of the Environmental Dimension of Sustainable Development within the United Nations System, and Serves as an Authoritative Advocate for the Global Environment.  Visit:  www.unenvironment.org 

     

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    1. Dativa August 6, 2020 at 4:03 am Reply

      Happy to follow newafricabusinessnews.com on face book. Love it. Great reports. Frankfurt Germany. Dativa

    2. Daluchi August 6, 2020 at 4:09 am Reply

      ECOWAS Bank for Investment and Development has being doing great projects within the region. Happy to see Ghana benefiting from it. Lagos Nigeria. Daluchi

    3. Kareem August 6, 2020 at 4:15 am Reply

      Great report and in detail. Thank you, Mr. Adorsu. I love reading your reports. Accra, Ghana. Kareem

    4. Komnan August 6, 2020 at 4:21 am Reply

      Am sure this $300 Million dollars from ECOWAS Bank, will be well spent. Our government is doing great investments for the future of our People. Komnan in Accra Ghana.

    5. Dofi August 6, 2020 at 4:28 am Reply

      Our Leadership in Ghana is doing lot of developments for the Country, our Continent and the Diaspora. Am pretty sure history will judge him great. Thank you, Richard for reporting. Kumasi Ghana. Dofi

    6. Adam August 6, 2020 at 4:32 am Reply

      Love reading your reports and thank you for signing me to your newsletter. London England. Adam

    7. Kagumbo August 6, 2020 at 4:41 am Reply

      Very happy to see many high end projects in our great Continent. Their is no stopping for developments. Africa is clamming the mountain of prosperity and success. Windhoek Namibia. Kagumbo

    Leave a Reply

    *

    Facebook

    Latest Posts

    AfDB Group asserts the $430 Million highway project connecting Enugu to Bamenda in Cameroon will be finished off 2021, AfDB President disclosed in at the 59th Ordinary Session of the ECOWAS Authority of Heads of States

    Africa Needs to Industrialise to Create Jobs for the People, Wamkele Mene, Secretary-General, Africa Continental Free Trade Area (AfCFTA)

    Angola to host between June 25th and 26th for the First Time an International Cassava Congress in the Northern Malanje Province

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.