Government’s One District One Factory project to receive US$300m facility from US EXIM Bank

GHANA – One District One Factory (1D1F), a project by the government of Ghana, is expected to soon receive a US$300 million facility from the US EXIM Bank. The expected funds comes on the back of a Memorandum of Understanding signed between Ghana and the US in July 2018, aimed at increasing private sector participation in Ghana’s economy and provided support to assist Ghana to develop selected priority and strategic sectors of the economy to achieve a Ghana Beyond Aid. Among the priority projects under this MoU are the One…

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Ghana fosters value addition of plantain with US$200K processing

GHANA – The government of Ghana has approved the disbursement of US$200,000 for the establishment a plantain processing plant in Ashanti region, South of Ghana. The facility to be built under the government’s One District, One Factory (1D1F) initiative will process plantain into flour and other by-products for local consumption and export. Through this it will provide a ready market for plantain farmers, in turn reducing reduce post-harvest losses which had been a major challenge in the area, reports Ghana News Agency. Ghana is a major producer of plantain and currently exports…

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