Tag Archives: World Bank

The World Bank has disbursed a $300 million loan to Ghana to support the country’s budget and aid in economic recovery. This loan is the first in a series of three operations, each totaling $300 million, aimed at enhancing crisis response and resilience in Ghana under the Resilient Recovery Development …

According to the latest Food Security Update report from the World Bank, food prices are expected to remain high throughout 2024, following a trend of elevated inflation levels in low, middle, and high-income countries observed in 2023. The report highlights that in 2023, inflation levels exceeded 5% in 63.2% of …

  In a recent report, the World Bank has sounded the alarm for Sub-Saharan Africa, highlighting the pressing need for stability, economic growth, and job creation to prevent what could become a ‘lost decade’ for the continent. The report, titled “Africa’s Pulse,” paints a somber picture of the region’s economic …

A $200 million loan agreement between government and the World Bank has been approved by parliament to fund the Ghana Digital Acceleration Project. The goal of the project is to assist the Ghanaian government in improving broadband access, the effectiveness and calibre of a few digital public services, and the …

World Bank Country Director, Pierre Frank Laporte has revealed that the World Bank had provided the government of Ghana $430 million to fight the Covid-19 pandemic. According to him, the money was initially directed at the various campaigns that sought to inform and educate Ghanaians on the Covid-19 and its …