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World Bank to support Ghana’s budget with $300m in December

The World Bank is anticipated to provide Ghana with $300 million in budget support in December 2023. Information regarding Ghana's program with the World Bank...

Create more jobs for 11m youth entering the labor market yearly – World Bank to African govts

The World Bank has offered a crucial recommendation to Sub-Saharan African nations, stressing the urgent necessity to generate improved employment opportunities for a larger...

World Bank projects 3.4% growth for West, Central Africa in 2023

The 2023 World Bank Annual Report's growth projection for Western and Central Africa stands at 3.4% for 2023, showing a slight decrease from the...

Sanitation ministry denies receiving US$125M from World Bank

The Minister for Sanitation and Water Resources, Freda Prempeh, has denied reports suggesting that her ministry received $125 million from the World Bank. These...

LIVESTREAMING: Ghana delegation holds press briefing at IMF, World Bank Annual meetings

Finance Minister, Ken Ofori-Atta, Leader of Ghana's Delegation to the 2023 IMF/World Bank Annual meetings in Marrakech (Morocco), held a press conference today. Meanwhile, Ken...

$125m World Bank support: ‘No such monies have been dumped in my office’ – Sanitation Minister

The Minister for Sanitation and Water Resources, Freda Prempeh, has refuted claims that her ministry received $125 million from the World Bank for a...

World Bank allocates $70b for digital development in Ghana and other nations

The World Bank has allocated approximately $70 billion to support digital infrastructure development in Ghana and other developing nations. The Bank is actively engaging...

West Africa experiences economic expansion despite coups

Sub-Saharan Africa's economic recovery exhibits significant variations, with some subregions outperforming the regional average while others lag behind. The World Bank conveyed this information...

Sub-Saharan Africa to have a 3rd seat on IMF board – Kristalina Georgieva

Sub-Saharan Africa is set to gain a "more influential representation" at the International Monetary Fund (IMF), as it is being allocated a third seat...

World Bank grants allocation of $125m to bolster capacity of sanitation ministry

The World Bank has approved a funding of $125 million for Ghana aimed at enhancing the capacity of environmental officers. This allocation is intended...

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