Ghana’s Tamale Airport receives $80 million loan

victoria@aviationnews-online.com
By victoria@aviationnews-online.com May 7, 2019 10:30

Ghana’s Tamale Airport receives $80 million loan

KfW IPEX-Bank is supporting the expansion of Tamale Airport in northern Ghana with a loan of $80 million.

The loan is guaranteed by the UK Export Finance (UKEF) agency. The contractor is the British subsidiary of QGMI, an internationally operating Spanish construction company. The project was commissioned by the Ghanaian government: construction of a new passenger- and a multi-purpose terminal.

Tamale is one of the fastest growing cities in western Africa. Tamale Airport is evidence of this growth. There are capacity bottlenecks, which are exacerbated by the obsolete equipment in use at the passenger airport. Once completed, the 5,000 m² passenger terminal will have an annual capacity of 660,000 passengers.

With this financing KfW IPEX-Bank says that it is supporting sustainable development in Africa and at the same time contributing to strengthening the European export economy.

 

victoria@aviationnews-online.com
By victoria@aviationnews-online.com May 7, 2019 10:30