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Akufo-Addo ‘begs’ World Bank, IMF to revive Ghana’s economy

Ghana's President Nana Addo Dankwa Akufo-Addo has made a passionate request to the International Monetary Fund and the World Bank for concessionary loans to...

Business

World Bank provides Ghana with $372m guarantee payment for 2030 Eurobond default

The World Bank has set aside $372 million as a guarantee payment for Ghana after it missed its coupon payment on the 2030 Eurobond. This...

Business

World Bank and GIPC work together to create an Investor Grievance Mechanism

The Ghana Investment Promotion Centre (GIPC) is collaborating with the World Bank to develop an Investor Grievance Mechanism (IGM) for the early detection of...

Business

World Bank pledges $250m commitment support to GFSF

According to the Minister for Finance, Ken Ofori-Atta, the World Bank has committed $250 million to Ghana Financial Stability Fund (GSFS). While engaging the press...

Business

Ghana’s National Financial Literacy campaign launched

The Ministry of Finance in collaboration with the World Bank, Bank of Ghana, and other financial institutions, has launched the National Financial Education Campaign...

Business

Ghana gains confidence from China to win IMF Board approval by Q2

Ghana’s projection to secure an Executive Board approval from the International Monetary Fund (IMF) for its $3 billion loan-support programme by the end of...

Business

Our meeting with the IMF has been productive- Ken Ofori- Atta

The Ministry of Finance has said that the sector minister Minister Ken Ofori-Atta has had very productive meetings so far at the #SpringMeeting2023 with the...

Business

China and the World Bank are finding solutions to end the debt distress impasse

China and the World Bank are exploring compromises over how to restructure billions of dollars of debt held by poor nations, seeking a long-sought...

Business

IMF begs for assistance in helping Ghana pay its debts

The International Monetary Fund (IMF) has doubled down on its plea to wealthier nations to support Ghana and other weaker economies to help such...

Business

Increasing living expenses will impede Ghana’s economic growth in 2023-World Bank

For countries like Ghana and Ethiopia, which have a higher inflation differential, growth recovery in 2023 would be accompanied by rising inflation, the World...

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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