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Power Purchase Agreements should be reviewed – World Bank

The World Bank is urging the government to reconsider some of the Power Purchase Agreements (PPAs) signed as part of the International Monetary Fund...

World Bank economist predicts uncertain African debt outlook

Africa's debt sustainability outlook remains uncertain due to low growth and high inflation, according to World Bank economist Andrew Dabalen. One of his main concerns...

World Bank grants Ghana $150m to finance flood resilience in Accra

The World Bank has granted government with an additional $150 million in finance to strengthen flood risk management and solid waste management for over...

Driving Africa’s growth through the AfCFTA opportunity

Standard Bank Group’s 160-year history in Africa makes the Group more than a financial services organization. The Group has become a core and an...

Coconut, cashew and rubber production get $100m funding boost

The deputy CEO of operations at the Tree Crop Development Authority (TCDA), Foster Boateng, has announced that the World Bank has provided a US$100...

Women and youth-led MSMEs to receive GHS90m aid from GEA, World Bank

In an effort to put women- and youth-led micro, small, and medium-sized enterprise (MSMEs) at the forefront of the nation's economic recovery efforts, the...

Ajay Banga selected 14th President of World Bank

The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June...

Taking World Bank loan not consistent with Ghana Beyond Aid – Sam George

Member of Parliament for Ningo-Prampram, Sam Nartey George, has called on the government to explain how its agenda - Ghana Beyond Aid - remains...

Parliament approves $710m loan agreements at emergency meeting

Parliament has approved seven loan agreements worth $710 million during an emergency business meeting on Tuesday, May 2, 2023. Currently, information on where the majority of...

EIU projects 1.3% GDP growth rate for Ghana in 2023

The Economist Intelligence Unit predicts that Ghana's GDP would grow by 1.3% in 2023, which will cause a substantial slowdown. This falls short of the...

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