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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...

Akosombo dam spillage: World Bank pledges $150 million in aid for Ghana

During the 3rd Conference on Fisheries and Coastal Environment in Accra, the World Bank expressed its commitment to supporting the Ghanaian government in addressing...

Today in History: World Bank warns 1m Ghanaians at risk of falling into poverty

On November 3, 2022, Pierre Laporte, the Country Director of the World Bank, stated that if immediate action is not taken to address climate...

World Bank lends $1 billion to South Africa to address electricity problem

The World Bank will give South Africa $1 billion to help the country fix its energy problem. South Africa is experiencing its worst-ever power...

Poverty on the rise in Ghana – World Bank Country Director

The World Bank's Country Director, Pierre Laporte, has revealed the significant impact of soaring inflation in 2022 on the overall living standards, particularly among...

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