US$75m AfDB/GIIF loan to have 10-fold multiplier effect – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta has said the US$75 million facilities extended by the African Development Bank (AfDB) to the Ghana Investment Infrastructure Fund (GIIF) will lead to additional resources to the Fund, in excess of US$700 million; more than double the typical rate for such a facility.

US$75m AfDB/GIIF loan to have 10-fold multiplier effect – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta has said the US$75 million facilities extended by the African Development Bank (AfDB) to the Ghana Investment Infrastructure Fund (GIIF) will lead to additional resources to the Fund, in excess of US$700 million; more than double the typical rate for such a facility.