Ghana, France to sign €800,000 financing agreement

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Ghana is set to sign a financing agreement for a grant of €800,000 from the French Priority Solidarity
Funds. The signature signing, which will be done in the next few weeks, was announced by the France Ambassador to Ghana, H.E Frédéric Clavier at a reception to celebrate the French National Day. According to the ambassador, the new financing agreement
between France and Ghana is to consolidate accountability
mechanisms existing at the central and local levels of government. “I am glad to announce the next signature of a new Financing Agreement between Ghana and France in a few weeks for a grant of 8 hundred thousand euros from the French Priority
Solidarity Funds. In partnership with the ministries of Local government and Public Sector Reform, the project
aims to consolidate accountability mechanisms existing at the central and local level, as well as to innovate in this matter to reinforce citizen participation to the public decisions”, Ambassador Clavier stated. He explained that with the mutual confidence and understanding between France and Ghana, a new chapter in the
history of the two nations had been deepened. This, he said,
gave both nations the means to tackle the main subjects of
international trade agenda for now and the future. H.E Frédéric Clavier also added that France’s confidence in Ghana’s economic prospects has fuelled the continuous bilateral trade between the two countries. This, he said, was evident by the launching of the
French Chamber of Commerce and Industry in Ghana.
“The launching of the French Chamber of Commerce and Industry in Ghana, last May, in the presence of the Vice President of the Republic of Ghana, H.E Kwesi Amissah Arthur, illustrates the confidence of the business community of my country in the
process of economic development and French investments in Ghana”, he stated. According to him, in 2014, France in Ghana represents 60 companies, more than 475 million dollars of investments and nearly 1.7 billion dollars of bilateral trade, with the figures on a regular trend of growth.

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