World Bank: Majority of Ghanaian banks strong enough to avoid recapitalisation
The World Bank in its 8th Ghana Economic Update, has indicated that more than half of the 23 banks operating in Ghana are well-positioned to...
Tag : World Bank
World Bank approves Nigeria’s $2.25 billion loan request
The World Bank has approved a total of $2.25 billion loan for Nigeria to help stabilise its economy following reforms and scale up support for...
Ghana’s 2024 GDP growth to slow, World Bank projects 3%
The World Bank is forecasting that Ghana’s economy in 2024 is anticipated to experience a deceleration in growth, despite the anticipation of improved economic activity....
World Bank satisfied with expenditure of $430m for COVID fight – Country Director
The World Bank says it is satisfied with the way the government spent the $430 million COVID-19 support from the Bretton Woods institution. The World Bank says the expenditure...
Ghana’s economy was facing challenges before COVID – World Bank Country Director
The World Bank has indicated that Ghana’s economy was struggling before the outbreak of the COVID-19 pandemic. Speaking at a public lecture organized by the...
World Bank approves $103.4m to reverse Ghana’s land degradation
The World Bank has approved $103.4 million for Ghana to reverse the degradation of about three million hectares of degraded landscapes and strengthen the country’s...