JAK Foundation Signs Partnership Deal


The John Agyekum Kufuor (JAK) Foundation has signed a Memorandum of Understanding (MoU) with the Africa Plantations for Sustainable Development (APSD) Ghana Limited, for a partnership to improve livelihood in rural communities in the company’s catchment areas.

APSD, a Norwegian power generation business entity, has embarked on a massive eucalyptus plantation in the West and the East Sene districts of the Brong-Ahafo Region for the company’s biomass energy project, according to a statement signed by Frank Agyekum, spokesperson for the former president.

Under the partnership agreement, the Foundation will initiate social enhancement projects, including putting up a knowledge centre, refurbishing existing basic educational institutions and health facilities and providing potable water.

The projects are scheduled to commence in deprived communities during the last quarter of the year.

Speaking at the MoU signing ceremony, chairman of the Foundation, former President John Agyekum Kufuor, stressed the importance of the role of the private sector in supporting the efforts of government to improve the well-being of the citizens.

‘No one government can do it alone; the support of all of us is always necessary,’ he said, and asked the private sector to be alert to their social responsibilities.

Former President Kufuor praised APSD for its human-centered approach to business and urged other entities to emulate the good example of the renewable energy company.

In his remarks, Erling Sven Lorentzen, chairman of APSD, praised Mr Kufuor for his foresight in setting up the Foundation to continue the vision he had as president of Ghana.

He expressed delight for the partnership, saying through that the people of the West and the East Sene districts would see the positive impact of his company’s presence in their midst.

Mr. Lorentzen was hopeful that his companyยดs work would soon reflect in improved living conditions of the people, adding that Ghana is blessed with natural gifts and that it has the potential to become a great nation.

The MoU was signed on behalf of the Foundation by its chief executive officer, Prof. Baffour Agyeman-Duah and Mr. Finn Sven Jacobsen did it on behalf of APSD. President Kufuor and Mr. Lorentzen signed the document as witnesses.


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