Four banks, including Ghana Exim Bank, are fully funding 12 new factories under the ‘One District, One Factory’ (1D1F) initiative in various parts of the country. The EXIM Bank is fully sponsoring nine of the 12 projects, with the remaining three enjoying full financing from Barclays Bank, Stanchart and GCB Bank Limited. It is being fully sponsored by the Ghana EXIM Bank with an approved facility of GHȼ14.4 million. The project is being fully sponsored by Ghana EXIM Bank with an approved facility of GHȼ6.75 million. The Ghana EXIM Bank is fully sponsoring this project with an approved facility of GHȼ23,420,813.50.

Source: The North Africa Journal June 05, 2018 10:18 UTC