• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, October 8, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ghana receives a $180 million concessionary credit facility from India

thevaultzby thevaultz
April 27, 2021
Reading Time: 3 mins read
thevaultzby thevaultz
in General News
0
Ghana receives a $180 million concessionary credit facility from India

The Indian High Commissioner to Ghana, Mr Sugandh Rajaram and Speaker of Parliament, Mr Alan Bagbin

The Government of Ghana has received a $180 million concessionary credit facility from the Indian Government as part of its development assistance to the country.  The facility consists of $150 million for agricultural mechanization and $30 million for improvement in water supply.

The Indian High Commissioner to Ghana, Mr Sugandh Rajaram presented the facility to the Speaker of Parliament, Mr Alban Bagbin.

“These are huge projects that we will be finalizing through a tender process. I hope that within the next one year the projects will start.

“India and Ghana are working together in various areas, including rural agriculture, which is a priority to improve the lives of the people.”

Mr Sugandh Rajaram, Indian High Commissioner to Ghana

Also, Mr Bagbin and Mr Rajaram discussed ways in which Ghana and India could work together to improve bilateral relations. They considered the areas of the legislature, agriculture, automobile, water supply, pharmaceuticals, among others.

RelatedPosts

Public Servants Equally Corrupt as Politicians – Domelovo Demands all-rund Public Sector Overhaul

Kwabena Agyepong Touted as NPP’s Best Bet for 2028 Victory

Trace Every Hand Behind Akonta Docket Disappearance – Prof. Asare Demands Probe

Touching on COVID-19, Mr Rajaram highlighted some assistance his government has provided as part of efforts to contain the spread of the pandemic. He said India has dispatched “gift vaccines” to some neighbouring countries, including some countries in Africa.

“Up till today, we have gifted or supplied more than 85 million vaccines to over 75 countries. We have also supplied huge amounts of drugs and equipment to more than 150 countries in the last year.

Mr Sugandh Rajaram, Indian High Commissioner to Ghana

“And the resilience of the Indian people and their governance system will ensure that India recovers from its current challenges quickly. It will, however, not be possible without the goodwill and active support of the world because India believes in living, growing and prospering with the world.”

Mr Sugandh Rajaram, Indian High Commissioner to Ghana
Commendation and Appreciation

The Speaker commended India for the huge investment it has committed into developing its human resource. As a result, Indians have become chief executive officers of some technology giants such as Amazon and Google. India is one of the fastest-growing economies in the world. It is projected to be among the three global economic giants in less than 10 years, the speaker revealed.

“I think this is something that at least Ghana can reflect over and also invest more in human resource development.”

Mr Alan Bagbin, the Speaker of Parliament

Mr Bagbin said Ghana could tap into the “rich reservoir” of India to improve on the country’s economy and parliamentary democracy. He mentioned that Ghana would continue to explore opportunities of sending parliamentary staff to India to study the country’s IT system and other areas of parliamentary functions. He added that “there are some skills that we need to learn from Indians to become more innovative and creative.”

The Majority Leader, Mr Kyei-Mensah-Bonsu also commended India for supporting other countries with COVID-19 vaccines. He was also happy that India had expressed its readiness to support the development of Ghana’s railway, automobile and agricultural sectors. For his part, Mr Ablakwa expressed his sympathy to the government and the people of India over the loss of many lives to the pandemic.

“We note that from the beginning of the pandemic, you did not keep the vaccines to yourself; no wonder the world is also extending support to you due to your selfless spirit.”

Read also: 7,000 health workers have since died from COVID, 136 million at risk – ILO

Tags: $180 million credit facilitygeneral newsGhana NewsIndian High CommissionerSpeaker of Parliament
Please login to join discussion
Previous Post

Security, A big challenge for MoMo agents- Joshua Edmundson

Next Post

Burkina Faso: Spanish journalists and Irish citizen killed in jihadist attack

[mc4wp_form id="1264"]

Related Posts

Daniel Yaw Domelovo
General News

Public Servants Equally Corrupt as Politicians – Domelovo Demands all-rund Public Sector Overhaul

October 8, 2025
Eritrea, TPLF Accused Of Colluding To Attack Ethiopia
Africa

Eritrea, TPLF Accused Of Colluding To Attack Ethiopia

October 8, 2025
Uganda’s $4B Oil Refinery
Extractives/Energy

Uganda’s $4B Oil Refinery Signals Regional Energy Shift 

October 8, 2025
Abubakar Mohammed Aminu, Conflict, Security, and Human Rights Activist.
Opinions

Democracy Under Siege: Trust, Governance, and Human Needs in the 21st Century 

October 8, 2025
Crew of Conscience, a Gaza-bound vessel, sit on board the boat as they are intercepted by Israeli security forces, in this screengrab obtained from a video.
Asia

Another Gaza Aid Flotilla Intercepted

October 8, 2025
KSM Shares His Thoughts on State of Ghanaian Film Industry
Entertainment

KSM Believes Ghana’s Greatest Challenge Is Critical Thinking

October 8, 2025
Daniel Yaw Domelovo
General News

Public Servants Equally Corrupt as Politicians – Domelovo Demands all-rund Public Sector Overhaul

by Evans Junior OwuOctober 8, 2025
Eritrea, TPLF Accused Of Colluding To Attack Ethiopia
Africa

Eritrea, TPLF Accused Of Colluding To Attack Ethiopia

by Comfort AmpomaaOctober 8, 2025
Uganda’s $4B Oil Refinery
Extractives/Energy

Uganda’s $4B Oil Refinery Signals Regional Energy Shift 

by Prince AgyapongOctober 8, 2025
Abubakar Mohammed Aminu, Conflict, Security, and Human Rights Activist.
Opinions

Democracy Under Siege: Trust, Governance, and Human Needs in the 21st Century 

by Evans Junior OwuOctober 8, 2025
Crew of Conscience, a Gaza-bound vessel, sit on board the boat as they are intercepted by Israeli security forces, in this screengrab obtained from a video.
Asia

Another Gaza Aid Flotilla Intercepted

by Comfort AmpomaaOctober 8, 2025
KSM Shares His Thoughts on State of Ghanaian Film Industry
Entertainment

KSM Believes Ghana’s Greatest Challenge Is Critical Thinking

by Esther Korantemaa OffeiOctober 8, 2025
Daniel Yaw Domelovo
Eritrea, TPLF Accused Of Colluding To Attack Ethiopia
Uganda’s $4B Oil Refinery
Abubakar Mohammed Aminu, Conflict, Security, and Human Rights Activist.
Crew of Conscience, a Gaza-bound vessel, sit on board the boat as they are intercepted by Israeli security forces, in this screengrab obtained from a video.
KSM Shares His Thoughts on State of Ghanaian Film Industry
[/vc_row_inner]

Recent News

  • Public Servants Equally Corrupt as Politicians – Domelovo Demands all-rund Public Sector Overhaul
  • Eritrea, TPLF Accused Of Colluding To Attack Ethiopia
  • Uganda’s $4B Oil Refinery Signals Regional Energy Shift 
  • Democracy Under Siege: Trust, Governance, and Human Needs in the 21st Century 
  • Another Gaza Aid Flotilla Intercepted
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.