News Column

U.S.$5 Million Education Project Agreement Inked

August 19, 2014

The OPEC Fund for International Development (OFID) and the government of The Gambia on August 13, 2014, signed in Vienna, Austria, a loan agreement amounting to US$5 million for the country's education sector.

A press release from the Finance and Economic Affairs ministry of The Gambia stated that the OFID director general, Suleiman J. Al-Herbish and Minister Kebba S. Touray, signed the agreement.

"The objective of the project is to support the government's current education policy, which seeks to complement national development efforts by giving education direction and prominence in order to provide equal opportunities for all, and to achieve sustainable development. The ultimate goal is to support the creation of an enabling environment for teaching and learning in the basic and secondary schools and to improve access to better quality education across the country," it stated.

The US$5 million support to the basic and secondary education schools project, the release added, aims at enhancing the quality of education in the western region of The Gambia through the construction/rehabilitation and furnishing of some 220 classrooms, and the construction of three libraries, numerous laboratories and sanitary facilities among other improvements.

"Upon completion, an estimated additional 10,000 children, many of them from deprived families, will have access to improved schools and education," it underscored.

OFID and The Gambia have been partners in development since 1976, when OFID provided balance of payments support. Since then, OFID has provided loans and grants in the order of US$103 million to support the country's agriculture, education energy, health, transportation, and urban development sectors.

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Source: AllAfrica

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