The Board of the Export Trade, Agricultural and Industrial Development Fund (EDAIF), in May 2014 approved about GHC 21 million to seven (7) Ghanaian businesses and institutions.
Out the seven (7) businesses and institutions that received support, six (6) were awarded grants totaling about GHC 20 million, while one (1) received short term loan of about GHC 1 million.
The short term loan was approved to supplement the working capital of a cashew nut firm.
The grant approvals were extended over a variety of supports: the production of sandals for school children; the production of pineapple suckers; the transformation of organic waste into organic fertilizer; shea butter-processing; the production and export of melons as part of diversifying the export base of the economy; and support of activities of some government institutions.
The Board and Management of EDAIF wish to encourage Ghanaian businesses to contact the organization for further information on its activities.
Source: Issued on behalf of EDAIF by: Dr. Barfour Osei Ag. Chief Executive
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