Tag Archives: #World Bank

Ghana has been ranked 2nd in Sub-Saharan Africa by the World Bank in an Open Budget Survey.     The country’s score of 53% follows South Africa which is ranked first in the region with a score of 85%. The World Bank in its World Development Report said Ghana was …

The Minister of Education, Dr. Osei Yaw Adutwum, has clarified allegations of possible underhand dealings in a $1.2 million training program for public school teachers sponsored by the World Bank. The Minister says the money has not been squandered as claimed my some media reports clarifying that the said amount …

The World Bank has said even though COVID-19 has not helped Ghana’s economic standing, the situation started getting bad before than pandemic hit.   Speaking at the 65th Independence Day Lecture held at the Economics Department of the University of Ghana, Legon, on Monday, March 7, 2022, on the ‘state …

The Ghana cedi is now the worst-performing currency on the African continent just two months into 2022. This is because it has depreciated by about 7.6% to the dollar from January 1, 2022 to February, 25, 2022. The local currency has therefore overtaken the Zambian kwacha, which was the worst-performing …

There are currently about 34 African countries on the World Bank and IMF’s heavily indebted countries’ list, according to data obtained by Business Insider Africa. Among these heavily indebted poor countries are: Ghana, Tanzania, Ethiopia, Benin, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros Islands, Democratic Republic of Congo, …

131 Sunflower Hub, an entrepreneurial impact hub based in the Adentan Municipality in partnership with Ghana Tech Lab with support from World Bank, Young Africa Works,MasterCard Foundation and Ministry of Communication held its inaugural consultative engagement under the theme “The Role of Mobile Application in Transforming the Local economy for …

President Nana Addo Dankwa Akufo-Addo together with 22 other African leaders are calling on the donors of the International Development Association (IDA) of the World Bank Group to raise an ambitious USD100 billion to support a resilient African post Covid-19 recovery and to help African countries transform their economies. They also pledged …

  President Nana Addo Dankwa Akufo-Addo is calling for the restructuring of the global financial architecture so it can respond better to Africa’s needs, as well as for the cancellation of debts owed by African countries in the wake of COVID-19.   Speaking at the Summit on Financing African Economies …