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The World Bank has ranked the Ghana cedi as the worst-performing currency in Africa since the beginning of the year with a depreciation of 60 per cent against the United States dollar. This was contained in the World Bank Africa Pulse Report October 2022 Volume. According to...

GNA – The World Bank is assisting the Kumasi Metropolitan Assembly (KMA) to improve urban mobility through efficient transport system. In line with this, the Bank would be working with the Department of Urban Roads to develop a comprehensive transport database and mapping...

GNA – The World Bank’s Vice President for Africa, Mr Makhtar Diop, has extended the Bank’s support towards addressing Ghana’s numerous economic challenges. He said the Bank was concerned about “one of the engines in the sub-region” and was determined to help Ghana emerge...

GNA – Ghana has signed an agreement for a $ 500-million partial guarantee from the World Bank for its Offshore Cape Three Points (OCTP)- Sankofa gas project. The IDA payment guarantee covers the risks of non-payment should the Ghana National Petroleum Corporation (GNPC)...