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Electricity

Ghana: Black Stars head coach to invest €14.5M in solar equipment factory

Tuesday, 21 November 2017 11:53

(Ecofin Agency) - Kwesi Appiah (photo), coach of Ghana’s national football team, the Black Stars, has announced that he wishes to build in Ashaiman, in the Greater Accra region, a solar equipment manufacturing plant. To this end, he will be backed by Appiah-Karim Company Ltd and Palmer Group Company, respectively based in US and Germany, Ghana Web reported. 

Worth €14.5 million, the plant will produce solar panels for the local market and result in the creation of at least 500 direct jobs for the youth of Ashaiman. 

According to our source, the project is already backed by the German government. However, no deadline was announced in its framework. 

Albert Boakye Okyere, the head of Ashaiman’s municipal services, welcomed the initiative and said he would contribute to the facilitation of its implementation. “Our interest is to get work for the young people in the Municipality”, he said.

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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