Ministry of Sanitation and Water Resources
The Ministry of Sanitation and Water Resources (MSWR), is a Ministry in the Infrastructure Sector under the Office of the Head of Civil Service. It was established in January, 2017 to act and play a major role in the national, regional and global effort to provide the needed support to the sanitation and water sectors. Until its establishment the water sector was part of the Ministry of Water Resources, Works and Housing and the sanitation sector was part of the Ministry of Local Government and Rural Development.
The goal of the Ministry is “to contribute to improvement in the living standards of Ghanaians through increased access to and use of safe water, sanitation and hygiene practices and sustainable management of water resources.”
Aqua Africa and the Ministry of Sanitation and Water Resources signed a supply contract in August 2019 for a project to provide clean drinking water to rural communities and small towns, alleviating up to 225,000 people from daily water poverty, and delivering on the Government of Ghana’s policy of ‘Water for All’.
Ministry of Finance and Economic Planning
The Ministry of Finance is one of the central management agencies of the civil service of Ghana with a mission to ensure effective economic policy management for the attainment of macroeconomic stability and sustainable economic growth through sound fiscal policy and efficient public financial management, competent staff and robust systems, for the development of Ghana towards the attainment of upper middle income status and poverty reduction.
Following the signing of a supply contract between the Ministry of Sanitation and Water Resources and Aqua Africa, the Ministry of Finance will sign Ghana’s first ‘Green Loan’ agreements to finance this project. This momentous occasion marks a partnership to deliver Africa’s first ever Green Loan between the UK and the Government of Ghana through pioneering thinking and leadership in delivering green projects under sustainable financing structures.
Sustainable financing and sustainable projects are high priorities for both the UK and Ghana governments. The UK Government has made public their aspiration to improve the its carbon emissions; and Ghana’s commitment towards combating climate change and its impact has led the Government to take a key policy decision to integrate climate action into Ghana’s national development agenda, i.e. the Co-ordinated Programme of Economic and Social Development Policies (2017- 2022). The framework of which has been drawn from the Paris Agreement and SDG Goal 13, which demand urgent action to combat climate change and its impact.
The loan will be used to allow The Ministry of Sanitation and Water resources to deliver water to 225,000 Ghanaians across the Republic of Ghana.
Community Water and Sanitation Agency
The role of CWSA is to facilitate the provision of safe drinking water and related sanitation services to Rural Communities and Small Towns in Ghana and to implement the National Community Water and Sanitation Programme using the decentralized structures at the district and community levels.
Aqua Africa has been working within partnership with CWSA to design and develop a project to provide potable water to rural communities and small towns, to ensure an approach that meets the country’s requirements. The project will be implemented in the Ashanti, Eastern, Greater Accra, Volta and Oti regions, with a demonstration site at the Accra HQ of the Agency.
UK Export Finance and the UK Department for International Trade
The Department for International Trade (DIT) helps businesses export and grow into global markets, and the mission of UK Export Finance is to ensure no viable UK export fails for lack of finance or insurance from the private sector.
Aqua Africa has been working closely with both government agencies, in the UK and through the British High Commission in Ghana, to establish financing for their project, allowing the Government of Ghana to enter into loan agreements that will enable them to implement social impact projects in partnership with us which will provide water for Ghanaians in the areas of greatest need.
International Monetary Fund
The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.
Aqua Africa’s first project in Ghana has fulfilled the requirements of the IMF borrowing criteria, allowing Ghana to borrow for the purpose of its implementation.
With an international banking network covering more than 80 per cent of world trade, HSBC offers working capital and structured finance for companies looking to grow their business.
HSBC bank has supported Aqua Africa, and has been working with UK Export Finance to finance the company’s first project, allowing the Government of Ghana to sign loan agreements to support its implementation. HSBC has a target to support USD 100 billion worth of green loans over the next 10 years, and this project is the first in Africa that fulfils the green loan criteria.
London Stock Exchange
ELITE is London Stock Exchange Group’s international business support and capital raising programme for ambitious and fast growing companies. An ecosystem for the most ambitious private companies.
It helps the most ambitious private companies scale up, structure for the next stages of growth and access capital. Companies become part of a vibrant community of entrepreneurs, advisors, investors and key stakeholders.
Aqua Africa was successful in gaining a place on this year’s ELITE programme, and has been working with the London Stock Exchange to grow and improve their business strategy and planning.
Smith & Williamson
For over a century, Smith & Williamson have managed the financial affairs of clients and their business interests. With over 1,700 people in 12 offices in the UK, Ireland and Jersey, they are a leading investment management business and one of the UK’s ten largest accountancy firms, providing tailored financial and professional services to clients to enable them to achieve their ambitions.
Aqua Africa are working with Smith & Williamson to ensure maximum efficiency and compliance
in our financial strategy.
Fieldfisher is a European law firm with market-leading practises in many of the world's most dynamic sectors. They are an exciting, forward-thinking organisation with a particular focus on technology, financial services, energy & natural resources and life sciences.
Aqua Africa are working closely with Fieldfisher to ensure we are legally compliant in all
areas of our work.