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2024 elections one of the biggest threats to Ghana’s economic progress – World Bank Director

The World Bank Country Director, Pierre Laporte, has affirmed the positive state of the Ghanaian economy.Mr Laporte noted that the economy has genuinely...

Remittance flows grow in 2023 – World Bank reports

The World Bank's Migration and Development Brief, released today, highlights concerns about the potential decline in real income for migrants in 2024 amid global...

Afghanistan surpassed by Myanmar as world’s largest producer of opium

Myanmar now makes more opium than any other country in the world, surpassing Afghanistan, according to a report from the United Nations. This year,...

World Bank allocates $150m for West Africa Food System Resilience Programme Phase-2

The World Bank has allocated approximately US$150 million for the second phase of its West Africa Food System Resilience Programme (FSRP) in Ghana, Chad,...

Parliament approves World Bank loans worth $350m

Parliament has granted approval for two loan agreements from the World Bank estimating $350 million.On Friday, the House approved a loan agreement of $150...

World Bank aims to bring electricity to 100m Africans by 2030 – President Ajay Banga

President of the World Bank, Ajay Banga, unveiled an ambitious plan during the mid-term review of the International Development Association's (IDA) $93 billion replenishment...

Smuggling network exposes Nepalis defending Russia

Twelve people in Nepal were arrested for smuggling young men into Russia's army. This has brought attention to the fighters from Nepal. This week,...

“We are the poorest people on the globe” – Akufo-Addo says begging for cheaper loans

President Nana Akufo-Addo has appealed to the International Monetary Fund (IMF) and the World Bank to help poor and vulnerable countries access cheaper loans...

Why World Bank invested about $17m in Cheddar’s No. 1 Oxford Street building

It has come to light that the World Bank's International Finance Corporation (IFC) played a pivotal role in financing the groundbreaking Number One Oxford...

World Bank funded Cheddar’s No. 1 Oxford Street building – Bright Simmons reveals

Vice president in charge of research at IMANI Centre for Policy and Education, Bright Simmons has disclosed that the International Finance Corporation (IFC) of...

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