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 grant will be drawn from ASR annual $100 million Africa fund for social development and renewal. The grant is to support The Rebecca Foundation’s education initiatives.
Speaking at a meeting to sign the MoU, Managing Director of ASR Africa, Ubon Udoh, commended the Foundation for its commitment to women and children in Ghana. He further commended the Foundation for adherence to good corporate governance and practices which has enabled it to deliver infrastructure and services in the areas of education, health and women’s economic empowerment.
“We did our homework and identified the Rebecca foundation as one of the most reputable Charities in Ghana, which encouraged ASR Africa to support the Foundation,” he said.
Assurance
The Executive Director of the Foundation, Mrs Rebecca Akufo-Addo, thanked ASR Africa for the support. She pledged the commitment of the Foundation to utilize the grant to benefit the education of Ghanaian children.
ASR Africa is an initiative of an industrialist and philanthropist, Abdul Samad Rabiu, who has decided to give back to the African continent to promote sustainable health care, education and social development.