Ghana becomes sovereign shareholder in AFC - - News Summed Up

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Ghana becomes sovereign shareholder in AFC -


LAGOS, Nigeria, 1 March 2018,-/African Media Agency (AMA)/- The Republic of Ghana (“Ghana”) has marked its 7th anniversary as a Member State of Africa Finance Corporation (“AFC” or “the Corporation”) by becoming a sovereign shareholder in the Corporation, making an initial equity investment of US$10 million. Ghana has been a Member State of AFC since February 2011. Charles Adu Boahen, Deputy Minister of Finance of Ghana, also commented: “AFC remains an infrastructure development partner of choice for the Government of Ghana. Given the Corporation’s track record in Ghana, AFC was also awarded a mandate by the West Africa Power Pool (WAPP) to develop another major 450MW Power Plant in the Western Region of Ghana. Distributed by Africa Media Agency (AMA) on behalf of Africa Finance Corporation (AFC).


Source: GNN Liberia March 01, 2018 14:15 UTC



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