The government has secured a €323 million financing package for the Northern Ghana Water and Sanitation Project following discussions between Finance Minister Dr Cassiel Ato Forson and European Investment Bank (EIB) Vice-President Ambroise Fayolle.
According to Dr Forson, the project is expected to tackle long-standing water supply challenges in Tamale, Yendi and Damongo while strengthening sanitation infrastructure across the beneficiary communities.
The financing package includes a €68 million grant from the European Commission, a €30 million grant from Invest International, a development financing initiative of the Dutch government, and a €225 million highly concessional facility from the European Investment Bank.
Dr Forson described discussions with the EIB Vice-President as productive, underscoring the importance of the funding arrangement in supporting the government’s efforts to improve access to safe water and sanitation services in Northern Ghana.
The Northern Ghana Water and Sanitation Project is expected to enhance water security in the targeted municipalities, addressing persistent shortages that have affected households and businesses while contributing to improved public health outcomes through better sanitation facilities.
The initiative forms part of broader efforts to expand critical infrastructure and improve living standards in underserved communities across the northern part of the country.
Source: businesspostonline
