UAE, Israel join hands in multimillion-dollar project in Ghana

June 22nd, 2022

Awake Goy

Shirley Ayorkor Botchway, Ghana's Minister of Foreign Affairs and Regional Integration on January 11, 2020 [Fatih Aktaş/Anadolu Agency]

A new joint venture into Africa between the UAE and Israel has been agreed in a deal that will see Tel Aviv reap further rewards from the Arab country's normalisation with the apartheid state. In what appears to be an example of the use of soft-power, Etihad Credit Insurance (ECI), the UAE's federal export credit company, and Israel Export Insurance Corp Ltd (Ashra) have signed an agreement to fund a $147 million healthcare project in Ghana. "The ECI's efforts will help to boost momentum from our recently signed trade deal with Israel and unlock new trade and investment opportunities across the Middle East, Africa and beyond," Dr Thani Bin Ahmed Al Zeyoudi, minister of state for foreign trade and deputy chairman of […] Source

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