World Bank Group
Tag Archive

Ajay Banga selected 14th President of World Bank

May 4, 2023 The Executive Directors of the World Bank have selected Ajay Banga as President of the World Bank for a five-year term, beginning June 2, 2023. Ajay Banga most recently served as Vice...

Written by:

May 4, 2023 / Comments (0)

World Bank lowers Ghana’s growth rate to below 2% in 2023

April 5, 2023 The World Bank has lowered Ghana’s growth rate to under 2.0% in 2023, placing it at the 29th position in Sub-Saharan Africa, its April 2023 Africa Pulse Report has revealed. This is...

Written by:

April 5, 2023 / Comments (0)

World Bank urges Ghana to implement policies that attract private investment

April 21, 2022 The World Bank Group has called on government to prioritize policies that attract investments from citizens and foreigners. According to the Bretton Woods institution such an approach is...

Written by:

April 21, 2022 / Comments (0)

World Bank Group launches US$4.5 billion new country partnership framework for Ghana

February 24, 2022 The Board of Executive Directors of the World Bank Group (WBG) has approved a five-year US$4.5 billion Country Partnership Framework (CPF) for Ghana from 2022 to 2026. The Framework will...

Written by:

February 24, 2022 / Comments (0)

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...

Written by:

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...

Written by:

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...

Written by:

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...

Written by:

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...

Written by:

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...

Written by:

November 12, 2020 / Comments (0)