Ghana allocates $86m to procure Israeli armored vehicles

Ghana has allocated $86 million to purchase at least 19 armored vehicles from Israeli Company, Elbit Land Systems, in its bid to fight terrorism, according to parliamentary documents.

It is not specified what vehicles will be acquired, but Elbit Systems offers various models sourced from original equipment manufacturers, such as the Sentinel 8×8, based on the STK Terrex 2.

Israel’s Elbit Land Systems is providing the vehicles following an agreement between the Israeli Discount Bank and the Government of Ghana and insured by the Israeli Foreign Trade Risks Insurance Corporation.

A $74 million credit facility will be combined with a $12 million commercial loan in procuring these armored vehicles, per an August 3 document of Parliament, as cited by a report by Dailymailgh.

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Currently, Ghana armed forces are equipped with 3 EE-9 Cascavel, 24 Ratel-90 with 90mm cannon, 15 Ratel-20 with 20mm cannon, 4 Piranha with 25mm cannon, 5 Type-05P 25mm, 46 first version of Piranha 8×8 armored vehicles.

Parliamentary Finance Committee chairman Mark Assibey Yeboah said by approving the loan, parliament recognised the critical need to equip the country’s army in dealing with security threats.

He said armoured vehicles were critical in counter-terrorism operations and supporting internal security operations of police.