African Development Bank Executive Directors visit Ghana

Eleven executive directors of the African Development Bank (AfDB) are in Ghana to review AfDB-funded projects and programmes in the country.

The delegation expected in Ghana from March 3-9, would review five AfDB projects of special interests which include the Ghana-Togo-Benin Power Interconnection project, Nsawam by-pass road infrastructure project, export marketing and quality awareness programme, Kpong irrigation scheme, and Senior High School (SHS) Education Projects in Eastern and Greater Accra Regions.

“This type of visit gives Board Members the opportunity to consult broadly with the country’s authorities at the highest levels. Dialogue typically dwells on AfDB funded projects and programmes,” the bank said in a statement.

The visit would also give the Board Members the chance to talk to development partners and representatives from the private sector and civil society about various issues related to development assistance and its effectiveness.

AfDB’s current portfolio in Ghana comprises 32 operations with a total value of $1.5 billion, and is mainly concentrated in the infrastructural development.

The statement said the institution is in the process of finalising a new Country Strategy Paper (2012-2016) for Ghana, scheduled to be discussed at the Board in April 2012.

It said the new strategy is aligned to the government’s national development strategy - the Ghana Shared Growth and Development Agenda.