World Bank approves US$200m to transform and diversify economy for sustainable jobs

July 5, 2019 The World Bank has approved a US$200million facility to promote private investment and firm growth in the non-resource-based sectors of Ghana’s economy. The US$200million funded project...

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July 5, 2019 / Comments (0)

Diversify economy to avoid debt distress ; World Bank Rep. advises government

June 13, 2019 Ghana needs to diversify its economy and widen the country’s tax net in order to avoid falling into debt distress, the World Bank Country Director for Ghana, Liberia and Sierra Leone, Mr...

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June 13, 2019 / Comments (0)

BoG secures GH¢900m to sanitise microfinance sector

May 28, 2019 The Bank of Ghana (BoG) has received GH¢900 million to undertake a clean-up of the troubled microfinance sub-sector of the financial services industry. The move is part of cleaning up the...

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May 28, 2019 / Comments (0)

RGD attains World Bank standardisation after reforms

May 24, 2019 The Registrar General’s Department (RGD), upon completion of a unification exercise on all the entities involved in business registration, has indicated that it has attained the World...

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May 24, 2019 / Comments (0)

Ghana topples South Africa as continent’s leading gold producer

May 14, 2019 Ghana has become the largest gold producer in Africa, toppling South Africa in a recent data released by the World Bank. The data said Ghana exported 158 tonnes of gold in 2018, about 15...

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May 14, 2019 / Comments (0)

World Bank gives $200m to Ghana, others to boost power supply

April 30, 2019 The Board of the World Bank Group has approved the Regional Off-Grid Electrification Project (ROGEP) for Ghana and 18 other countries to increase electricity access of households. The...

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April 30, 2019 / Comments (0)

Ghana’s Finance Minister steers the World Bank/IMF Development Committee on Global Developmental Issues

April 29, 2019 Ghana, represented by Hon. Minister for Finance, Ken Ofori-Atta, chaired the World Bank Development Committee meetings in Washington DC, where implicit concerns over employment amid...

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April 29, 2019 / Comments (0)

World Bank provides US$200m for electricity in West Africa, Sahel region

April 26, 2019 The World Bank Group has approved  the Regional Off-Grid Electrification Project (ROGEP), which includes US$150million in the form of credit and grants from the International...

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April 26, 2019 / Comments (0)

Fighting Illicit Financial Flows; World Bank can do better – new President

April 16, 2019 The new World Bank President, David Malpass, has said there is room for improvement regarding how the bank can support Africa in its quest to stem illicit financial flows (IFFS), which...

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April 16, 2019 / Comments (0)

Oil To Drive Ghana’s 2019 Economic Growth, Says World Bank.

April 10, 2019 The World Bank has predicted that Ghana’s economy will witness strong growth in 2019, driven largely by an expected increase in oil and gas production. Similar to the projection by the...

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April 10, 2019 / Comments (0)