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World Bank Approves $250m Credit Facility To Improve Ghana’s Energy Sector

  • June 14, 2024

The World Bank has approved a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector Management Assistance Programme for a 4-year Ghana Energy Sector Recovery Programme for Results (PforR). The PforR will support Ghana’s Energy Sector Recovery Programme (ESRP) to improve the financial viability of electricity […]

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US Supports Creation of Marine Protected Areas in Ghana

  • June 13, 2024

The U.S. Government, through the United States Agency for International Development (USAID), is supporting the creation of marine protected areas (MPAs) to help replenish Ghana’s fisheries and support local livelihoods. A marine protected area is a portion of the sea where fishing activities are prohibited or limited. In April, Mavis Hawa Koomson, Minister of Fisheries […]

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Official Creditors’ MoU Will Support IMF Board’s Approval of US$360m – Kristalina Georgieva

  • June 13, 2024

Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), says, the agreement reached between Ghana and its Official Creditor Committee (OCC) will be helpful in the approval of the country’s US$360 million third tranche.  In a social media post on Wednesday, she congratulated the country on reaching an agreement with the OCC, saying, “this will support […]

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Ghana, EU Commission Road Projects In Upper West Region

  • June 13, 2024

The European Union (EU) and the Government of Ghana have commissioned 670 kilometres of feeder roads in the Upper West Region, constructed at €35 million, to improve access to farmers and healthcare facilities in the local communities. About 235km of the roads connect the Wa Municipality to Wa West and Nadowli-Kaleo districts (235 km), 210km […]

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UN Chief Puts Israeli Military, Hamas On Blacklist For Harming Children

  • June 12, 2024

The United Nation’s secretary-general has included Israel’s military and Hamas on the annual blacklist of perpetrators who harm children. “I am appalled by the dramatic increase and unprecedented scale and intensity of grave violations against children in the Gaza Strip, Israel and the occupied West Bank, including East Jerusalem,” Antonio Guterres said in the report, […]