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World Bank revises Ghana’s 2023 growth rate to 1.6%

According to the World Bank's April 2023 Africa Pulse Report, Ghana's growth rate has been reduced to less than 2.0% in 2023, ranking it...

Business

China’s loans to Africa must be “more transparent” – World Bank President

According to the BBC, the World Bank's president is worried about some of the loans China has been providing to developing nations in Africa. The...

World

Turkish earthquake caused roughly $34 billion damage

As reported by the World Bank, the terrible earthquake that struck Turkey on February 6 killed at least 45,000 people, made millions of people...

Business

President of World Bank David Malpass to quit

The President of the World Bank will step down from his post in June, leaving the organisation almost a year before his term was due to...

News

Parliament should not be exempted from IMF negotiations – Bagbin warns

Ghana’s Speaker of Parliament, Alban Bagbin, has asked the World Bank and the International Monetary Fund not to sideline Parliament in their negotiations with...

Business

The World Bank applauds the government’s expenditures and educational initiatives

The Government has received praise for its investments and initiatives in the education sector from Dr. Jaime Saavedra, the World Bank's Global Director for...

World

Turkey-Syria earthquake: Despair grows as the earthquake toll passes 21,000 due to the freezing weather

Though the UN warned that the extent of the disaster is still not entirely clear, it is now known that more than 21,000 people...

Business

Today in History: The World Bank warns Ghana against borrowing excessively

In 2020, the World Bank warned Ghana that if it continues with its excessive borrowing, it may be labeled a high debt distress country. The...

Business

Ghana paid over $4m for decreasing carbon emissions in forested areas

Following Mozambique, Ghana is now the second country in Africa to receive payments from a World Bank trust fund for lowering emissions from deforestation...

Business

COVID-19 funds: As of November 2022, ambulances worth US$4 million had not been delivered

According to the Auditor-General report, as of November 28, 2022, 26 ambulances for COVID-19 had not yet been delivered. The ambulances, worth US$4,049,460.12, were supposed...

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Tag: World Bank

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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