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Business News of Tuesday, 13 February 2007

Source: GNA

BUSAC gets new Fund Manager

Accra, Feb. 13, GNA - The Business Sector Advocacy Challenge Fund (BUSAC), an advocacy for the private sector, has appointed Dr Dale Rachmeler as the new Fund Manager.

His appointment took effect from February 1.

A statement released in Accra on Tuesday said in his role as Fund Manager, Dr Rachmeler would continue to work with the BUSAC funding agencies - Danish International Development Agency (DANIDA), British Department for International development (FFID) and US Agency for International Development (USAID) and the BUSAC Board to direct activities towards the attainment of its goals and objectives. The BUSAC Fund is a project within the larger DANIDA-funded Business Sector Programme Support (BSPS) that provides support in the form of grants to associations and groups from the formal and informal sectors of labour, business and media within the private sector to carry out their advocacy initiatives.

The statement signed by Ms Judith Kwawukume, Assistant Fund Manager, said Dr Rachmeler brings to BUSAC an enormous amount of skill and experience in development work.

He has worked in several African countries for the past 30 years and has managed USAID projects in Burkina Faso, Niger, Madagascar, Morocco and DR Congo. He has also had assignments in Egypt, Senegal, Jordan, Lebanon, China and Mali. Dr Rachmeler said: "I am very pleased to join the BUSAC Fund, Ghana's foremost private sector advocacy project, and to work with the business community and other stakeholders towards the objective of improving the environment of doing business in Ghana." The BUSAC Fund aims ultimately at helping to reduce poverty in Ghana by supporting the private sector to advocate for an enabling legal and regulatory environment for doing business in Ghana.