“This contributed to pursuing tight monetary policy, raising reserve ratios, and implementing a fiscal reform program that helped to reduce year- on-year inflation from 54 percent in December 2022 to …
World Bank
-
-
Economy and FinanceNews
World Bank’s $20bn is to help triple guarantees and risk insurance.
by Adnan Adamsby Adnan Adams“Guarantees could also be used to attract private sector investors to provide “take-out” financing to replace standard World Bank or IFC loans, freeing up overall lending capacity.”
-
Economy and FinanceNews
Ghana records US$4.6bn remittances in 2023…ranks Africa’s second highest.
by Adnan Adamsby Adnan AdamsGhana’s remittances receipts fell slightly last year, they were still the second highest in Africa, according to the World Bank’s 2024 Migration Development Report.
-
Agric and EnvironmentEconomy and FinanceNews
World Bank Approves Grant to Boost Community Access to Carbon Credits.
by Adnan Adamsby Adnan Adams“This grant signing is a major milestone for amplifying the voices of Ghana’s most vulnerable groups, particularly women, in the climate change discourse,” said World Bank Country Director for Ghana, …
-
Economy and FinanceNews
Ghana gets US$260m from World Bank to boost energy sector and clean cooking solutions.
by Adnan Adamsby Adnan AdamsThis initiative aims to improve the financial viability of electricity distribution and increase access to clean cooking solutions in Ghana.
-
Economy and FinanceFeaturesLifestyleNewsTechnology
World Bank Supports Ghana to Strengthen its Financial Sector.
by Adnan Adamsby Adnan Adams“The World Bank Group’s support aims to help address short-term shocks to improve prospects for long-term sustainable development and long-term resilience against future shocks.
-
Economy and FinanceLifestyleNews
African Economies Projected to Grow by 3.4 % in 2024… But Faster and More Equitable Growth Needed to Reduce Poverty
by Adnan Adamsby Adnan AdamsHowever, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters, and escalating conflict and violence, according to the World Bank’s latest Africa’s …
-
Economy and FinanceLifestyleMining & Energy
Ghana tops electricity access in Sub-Saharan Africa – Africa Pulse Report
by Adnan Adamsby Adnan AdamsMemuna Asuma World Bank’s April 2023 Africa Pulse Report has rated Ghana as the first Sub-Saharan Africa with the largest electricity access rate. The West African nation recorded …
-
Economy and FinanceNewsPoliticsTechnology
Rising debt levels could worsen – World Bank
by Adnan Adamsby Adnan AdamsThe World Bank has said debt levels and vulnerabilities which remain high could worsen, especially for countries that have lost access to the credit market and are in or …
-
Agric and EnvironmentEconomy and FinanceNews
Economy to be among 12 best economies in Sub-Saharan Africa in 2022
by Adnan Adamsby Adnan AdamsAlthough the expected growth of 5.2% is the lowest among other economic researchers, the World Bank has projected a growth of 5.5% for 2022. Also, the parent company of Stanbic …