Germany has signed a DM 90 million loan and grant agreement with Ghana, the Ghana Broadcasting Corporation reported on Friday. It said DM 50 million of this amount would constitute the grant.
The money will go to improving water supplies in the Eastern and Volta regions, the Takoradi Technical Institute, roads and transport. Rehabilitation of the Tema-Sogakope-Aflao road will take up DM 76 million of the money. The funds will also support decentralisation and democracy.
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