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40% exchange rate loss by Ghana in a year highest in Africa – World Bank

Data from the World Bank has shown that Ghana experienced the highest exchange rate loss in Africa between January 1, 2022, and January 1,...

Independent Africa

Museveni criticises the “insufferable” World Bank once more

Yoweri Museveni, president of Uganda, has once more denounced the World Bank's decision to stop providing funds, stating that the institution is misguided if...

Independent Africa

Uganda’s president mull alternative credit sources after World Bank suspends funding over LGBT law

Uganda's President Yoweri Museveni expressed his disapproval on Thursday regarding the World Bank's decision to halt new funding due to a stringent anti-LGBTQ law....

News

Govt secures $200m boost to expand coconut and Tree Crop Production for exports

The World Bank has provided a loan of $200 million to the government, aimed at aiding the coconut industry and three additional tree crop...

Independent Africa

World Bank: Uganda’s anti-LGBTQ bill is inconsistent with our principles

The World Bank has rendered an explanation as to why Uganda's anti-LGBTQ bill contravenes its principles. Unfortunately the institution has made a decision to halts...

News

World Bank ranks Ghana among top 10 countries with highest food inflation

Ghana has secured a position among the top 10 countries globally grappling with the most significant food inflation. As outlined in a Food Security Report...

Business

Ghana among top 10 countries with highest food inflation – World Bank report

Ghana is facing a serious food inflation crisis, as it ranks among the top 10 countries in the world with the highest increase in...

Independent Africa

World Bank suspends assistance to Uganda due to its anti-gay law

In the aftermath of the adoption of a strict rule barring same-sex relationships in Uganda, the World Bank has halted fresh financing to that...

Business

Economist partly blames World Bank, IMF for Ghana’s economic crisis

An economist, Dr. Ishmael Yamson, has attributed part of Ghana's current economic situation to the World Bank and the International Monetary Fund (IMF). He...

News

Ghana’s economic recovery to be fully observed by 2025 – World Bank

The latest Economic Update by the World Bank indicates that Ghana's economy is expected to fully recover its potential by the year 2025. However,...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia