Ghana and African Development Bank Sign Landmark Deal to Develop Volta Economic Corridor
Ghana, July 4 -- The African Development Bank today signed a landmark Letter of Intent (LoI) with the Government of Ghana to support the development of the Volta Economic Corridor, a transformative initiative under the country's flagship 24-Hour Economy and Accelerated Export Development Programme (24H+).The agreement signed in partnership with the 24H+ Secretariat and the Ghana Infrastructure Investment Fund (GIIF), sets the stage for an ambitious effort to reposition Lake Volta as a multimodal transport spine for agricultural and industrial expansion, and gateway for cross-border trade with landlocked neighbours including Burkina Faso, Mali, and Niger.The signing follows the formal launch of the 24H+ Programme, a national initiative to pr...
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