The Board of the World Bank Group has approved a total amount of $143 million International Development Association (IDA) credits and grants to help Burkina Faso, Djibouti, Ghana, Guinea and Senegal to step up the quality and provision of applied research and higher education with a focus on the areas of science, technology, engineering and […]
President Nana Addo Danquah Akufo-Addo has announced that the World Bank has approved a $40 million grant to support the Ministry of Tourism and Creative Arts and its agencies to help upgrade tourist facilities. The President said the Ghana Tourism Authority recorded a 20 per cent growth, recording over 600,000 visitations to various tourist sites […]
World Bank Group President Jim Yong Kim has announced that he will be stepping down from his position after more than six years, in which the institution’s shareholders provided strong support for multiple initiatives to ensure that the Bank Group retains strong leadership in the world of global development. “It has been a great […]
The Ghana Commercial Agriculture Project (GCAP) has begun rehabilitation and modernisation of the Tono irrigation scheme in the Upper East Region, to boost agricultural production and increase food security in the country. The project is expected to increase the irrigable area from 1,300 hectares to 2,490 hectares of water for year-round agricultural production. Around 2,300 farmers […]
The Ministry of Information and the World Bank have commenced engagements aimed at improving development communication in Ghana. The objective is to deepen the delivery of government information on development projects and public services using information and communication technology. Speaking at a maiden meeting, Information Minister Kojo Oppong Nkrumah asked the Bank to explore the […]
The World Bank has approved a 35 million-dollar International Development Association (IDA) credit for Ghana’s Public Sector Reforms. The World Bank assistance is meant to improve efficiency and accountability in the delivery of public services for 16 selected Ministries, Departments and Agencies (MDA’s) Chief Executive of Public Sector Reforms, Thomas Kusi Boafo, revealed this at […]
The rising debt of African governments, including Ghana, is preventing the Japanese government to give financial assistance to the African private sector, the Director of African Affairs Development at the Ministry of Foreign Affairs of Japan, Mr Shigeru Ushio has said. According to him, although the Japanese government had the intention to support African private […]
The World Bank has approved a 30 million dollar International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the gesture, the World Bank […]
