Wednesday, September 14, 2005

International Development: Ghana signs financial agreement with France and donates "widow's mite" to Katrina victims

Ghana and France have signed two financing agreements for 11 million Euros (US$13.5 million).

The first agreement is a concessionary loan of 10 million euros for the co-financing of the Community-Based Rural Development Project, the second is for the implementation of a business training program focusing on the training of personnel of Ghanaian private enterprises and public institutions, who have commercial relations with French speaking countries.

In other news, Ghana has said it is giving its "widow's mite" to the United States following the Hurricane Katrina disaster - $100,000 dollars of cocoa drinks and chocolates.