UK Export Finance (UKEF) will provide a direct loan of £27 million to the Ghanaian government which will help UK-based Aqua Africa provide clean energy to sterilize drinking water for 225,000 people across the country. Aqua Africa will use solar powered technology to deliver 5 liters of water a day for less than a quarter of a penny.
Aqua Africa’s Managing Director Philip Foster said: “We commend the tri-partnership approach between the government of Ghana, UKEF and the private sector in securing agreement for this vital social impact investment project that will provide access to clean water to over 225,000 Ghanaians, in support of Ghana’s ‘Water for All’ policy aligned with the SDG agenda.
“We are looking forward to implementing this project and to developing the relationship that will deliver further projects that are planned to follow.”
This funding by UKEF is part of a greater £140 million financing package to support UK exports to Ghana and help secure export opportunities for UK companies on major national infrastructure projects across the country.
Source: AE Africa