Ghana signs $200M loan agreement with World Bank to aid vaccination programme

July 14, 2021 The Government of Ghana has signed an additional $200 million loan agreement with the World Bank to help the vaccination process. This is the second tranche of funds that government is...

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July 14, 2021 / Comments (0)

World Bank financing for COVID-19 vaccine rollout exceeds $4 billion

July 1, 2021 The World Bank announced today, June 30, 2021, that it is providing over $4 billion for the purchase and deployment of COVID-19 vaccines for 51 developing countries, half of which are in...

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July 1, 2021 / Comments (0)

Development Bank opens July with initial $500 million capital

May 21, 2021 The government will launch the Development Bank Ghana (DBG) in July with a seed capital of about $500 million. The bank is seen as Ghana’s best bet to addressing the issue of the lack...

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May 21, 2021 / Comments (0)

We did not provide guarantees to IPPs – World Bank

March 2, 2021 The World Bank says it has not provided any financing or guarantees to the Independent Power Producers (IPPs) that signed Power Purchase Agreements with Ghana or the Electricity Company of...

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March 2, 2021 / Comments (0)

AfCFTA would be crucial in recovery from COVID-19 – World Bank

January 22, 2021 A World Bank report has re-emphasised the importance of the African Continental Free Trade Area (AfCFTA) agreement in becoming a game changer on the continent, especially, as African...

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January 22, 2021 / Comments (0)

World Bank Group supports Ghana’s COVID-19 fight with extra $130 million

November 12, 2020 This additional financing will support Ghana to scale up its efforts to mitigate the resurgence of the COVID-19 pandemic and to safely reopen its economy. The World Bank Board of Executive...

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November 12, 2020 / Comments (0)

World Bank approves US$250 million for establishment of Development Bank Ghana

November 2, 2020 The World Bank Board of Executive Directors on Thursday, October 29, 2020, approved US$250 million from the International Development Association (IDA) to support the establishment of the...

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November 2, 2020 / Comments (0)

IFC Invests US$5.6bn for private sector development in Africa and the Middle East

July 24, 2020 More than US$500m to address the COVID-19 pandemic IFC, a member of the World Bank Group, committed US$5.6billion to private sector development in the Middle East and sub-Saharan Africa in...

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July 24, 2020 / Comments (0)

World Bank supports jobs, skills development and digital transformation

July 7, 2020 The World Bank’s Board of Executive Directors has approved US$315million from the International Development Association (IDA) to support job creation, skills development and digital...

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July 7, 2020 / Comments (0)

Migrant labour shortage hits agric sector in advanced economies – World Bank

June 3, 2020 The World Bank has noted that many developed economies are facing migrant shortage in their agriculture sector. This according to the World Bank Group President David Malpass, poses food...

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June 3, 2020 / Comments (0)