The European Union (EU) has selected Ghana as a possible manufacturing hub for covid-19 vaccines on the African Continent.
This was after the two day working visit by the President of the Republic Nana Addo Dankwa Akufo-Addo to Brussels, Belgium, from the 19th to 20 May, a statement signed by the Director of Communications at the Presidency, Mr Eugene Arhin said.
“This according to the commission, follows the initiatives already taken by the government of President Akufo-Addo towards the domestic manufacturing of vaccines,” the statement added.
Meanwhile, the European Union (EU) is expected to remove Ghana from its anti-money laundering list come next month June 2021.
According to the European Commission, the EU has acknowledged efforts made by Ghana in implementing the action plan of the International Country Risk Guide (ICRG) in record time.
The Commission, thus, congratulated Ghana for the reforms embarked on, as well as the sustainable, robust systems deployed towards being taken of the list.
President Akufo-Addo at the same meeting was also able to secure a loan facility of 170 million Euros for the establishment of the Development Bank Ghana (DBG).
“The taskforce team from the EU and Ghana will meet shortly to discuss modalities towards the realization of this initiative which in principle could be supported by the European Investment Bank (EIB).
“As has been announced already President Akufo-Addo has secure 170 million Euros from EIB for the establishment of the development bank Ghana.
“The new national bank will assist in the revitalization of the economy as we’ll as see to the rapid recovery of the country from the ravages of Covid 19.”
Read details of press release below: