Ghana and other countries will benefit from a US$150 million facility aimed at derisking the financial ecosystem as part of the implementation of the African Continental Free Trade Area
Countries in East, North and Southern Africa among others are to benefit from the agreement, which cover areas like agriculture, food security, energy security, manufacturing, telecommunication and services.
This is through the instrumentality of the African Development Bank and the Trade Development Bank, who signed a risk participation agreement on the margins of the 2024 African Investment Forum market days, on Friday, 6th December, 2024, in Rabat Morocco.
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Speaking at the ceremony, Ahmed Rashad Attout, director, Financial Sector Development Department of the African Department Bank, the agreement was a strategic partnership aimed at working together for peaceful transitions.
