The Rebecca Foundation has signed a Memorandum of Understanding (MoU) with the Abdul Samad Rabiu Africa Initiative (ASR Africa) for a grant of $500,000.
The facility will be drawn from ASR Africa’s annual $100 million Africa Fund for Social Development and Renewal.
Speaking at a meeting, Mr Ubon Udoh, the Managing Director of ASR Africa, commended the Rebecca Foundation for its commitment to issues affecting women and children in Ghana.
He also lauded that Foundation for providing infrastructure and services in areas of education, health and women empowerment.
According to Mr Udoh, the Rebecca Foundation was identified as one of the most reputable charities in Ghana and this encouraged them to support the Foundation.
Ghana’s First Lady Mrs Rebecca Akufo-Addo who chairs the Foundation, equally expressed gratitude on behalf of her outfit to the ASR Africa and pledged that the grant will be utilised to the benefit of Ghanaian children.
ASR Africa is an initiative of industrialist and philanthropist Abdul Samad Rabiu, who has decided to give back to the African continent to promote sustainable healthcare, education and social development.
