Also known as: World Bank Group · World Bank WDI · World Bank Governance Indicators · World Bank Country Office
International development institution supporting Ghana's infrastructure and education projects, including digital acceleration and senior high school construction programmes.
Verbatim sentences from the source article.
Joy Online
The World Bank says Ghana must complete structural reforms to sustain its economic recovery and translate growth into jobs. …
World Bank backs Ghana’s recovery, urges sustained reformsJoy Online
The World Bank says 56.4 per cent of Ghanaians remain in poverty, despite recent economic growth, warning that widening regional disparities point to a disconnect between the country’s headline economic performance and the living conditions of many citizens. …
World Bank says 56.4% of Ghanaians remain in poverty despite economic growthJoy Online
Only 27% of Ghana’s 94,200-kilometre road network is paved, while more than half of the country’s roads are in fair-to-poor condition, the World Bank has disclosed. …
Only 27% of Ghana’s 94,200km road network is paved – World BankJoy Online
The World Bank has cautioned that Ghana’s fiscal surplus has been achieved largely through spending cuts, with capital expenditure ending 38% below the approved budget. …
World Bank warns Ghana’s fiscal surplus is being driven by spending cutsJoy Online
Ghana’s public debt declined sharply from 70.3% of GDP in 2024 to 49% at the end of 2025, marking significant progress in efforts to restore debt sustainability, the World Bank has said. …
Ghana’s public debt falls to 49% of GDP in 2025 from 70.3% — World BankJoy Online
The World Bank has identified Ghana’s transport sector as a major constraint to economic growth, competitiveness and job creation, citing significant gaps in road and rail infrastructure and weaknesses in sector management. …
World Bank identifies transport sector as major constraint to Ghana’s economic growthJoy Online
Ghana’s operational rail network has declined significantly over the past six decades, falling from 947 kilometres in 1960 to just 160 kilometres in 2020, the World Bank has disclosed. …
Ghana’s rail network declines sharply over six decades – World BankJoy Online
… The GARID Project is a World Bank-funded initiative managed by the Government of Ghana. …
Major underground drainage works to begin on Dr Busia Highway on September 7Joy Online
The World Bank is calling for far-reaching reforms to the Ghana Cocoa Board (COCOBOD) Act to promote market-based principles and reduce the financial risks associated with the cocoa sector. …
World Bank calls for far-reaching reforms to COCOBOD ActJoy Online
Despite Ghana’s recent economic recovery, *56.4% of Ghanaians remain in poverty*, with widening disparities across different parts of the country, the World Bank has said. …
56.4% of Ghanaians remain in poverty despite economic recovery – World BankA development expert presents "Job Creation Through Policy: A Blueprint for Ghana's Entrepreneurial Development & Industrial Transformation," citing Ghana Statistical Service data showing national unemployment at 13.0% in 2023 and youth joblessness at 21.9%, while highlighting underemployment and low-wage work as critical issues.
6 hours ago · Joy Online →
A development expert presents "Job Creation Through Policy: A Blueprint for Ghana's Entrepreneurial Development & Industrial Transformation," citing Ghana Statistical Service data showing national unemployment at 13.0% in 2023 and youth joblessness at 21.9%, while highlighting underemployment and low-wage work as critical issues.
6 hours ago · Joy Online →
Education Minister Haruna Iddrisu says the previous NPP administration's Free Senior High School policy expanded access to secondary education but failed to provide adequate infrastructure to accommodate the resulting increase in student numbers, creating pressure on senior high schools and contributing to the current SHS placement crisis.
8 hours ago · Joy Online →
ACEP's Ben Boakye warns that Ghana's energy sector inefficiencies are draining public finances and worsening inequality. He notes ECG records losses of more than GH¢20 billion annually, with government increasingly relying on borrowing to finance power obligations.
9 hours ago · Joy Online →
Makhtar Diop, Managing Director of the International Finance Corporation, will visit Ghana from September 15 to 17, 2026, to engage government and private sector leaders on increasing private investment and supporting the country's development priorities, with focus on agribusiness, education, youth employment, renewable energy and the creative economy.
16 hours ago · Joy Online →
Ghana's Education Minister has requested that the Ghana Education Trust Fund allocate GH¢250 million this year to expand infrastructure in Category A senior high schools, citing rising student numbers under the Free SHS programme. The funds will support facilities expansion at schools including Achimota, Wesley Girls', Wesley College, PRESEC, and Prempeh College.
21 hours ago · Joy Online →
JoyNews' Newsfile programme will examine Senior High School placement challenges affecting about 55,000 students, tensions over the Electricity Company of Ghana's operations, organised labour's confrontation with the World Bank, and questions over government's management of State-Owned Enterprises.
12 September 2026 · Joy Online →
President Mahama announced construction of 16 new senior high schools supported by a $300 million World Bank facility, aimed at reducing congestion and ending the double-track system by 2027. Existing schools operating under the double-track system will also have their facilities expanded to accommodate all students simultaneously.
11 September 2026 · Joy Online →
Ghana's Education Minister announced plans to upgrade 20 Category B Senior High Schools to Category A status and construct 10 new model Category A schools, bringing the total target to 30 institutions. The move aims to ease pressure on school placement amid high demand, with 328,000 students selecting Category A schools against only 76,000 available vacancies in 2026.
11 September 2026 · Joy Online →
Governance plays a direct role in whether small and medium enterprises survive, use resources efficiently, attract finance, and respond to market changes. In Ghana, where small enterprises dominate the business sector and many operate informally, effective governance—understood as clear responsibility, financial controls, reliable information, and decision-making rules—is particularly important, though may differ from large corporate structures.
9 September 2026 · Joy Online →
Technology governance—the systems and policies guiding how organisations acquire, manage and use technology—can improve SME productivity, competitiveness and sustainability in Ghana, though poorly designed governance can create compliance costs and cybersecurity risks. The World Bank identifies digital technology as a key source of productivity growth for Ghanaian businesses, where 98% are micro or small enterprises.
9 September 2026 · Joy Online →
Ghana's parliamentary Minority has renewed calls for an inquiry into the Ghana Gold Board, citing a World Bank economic update that described GoldBod operations as a "significant and insufficiently monitored risk" to the economy and raised concerns about how gold reserves acquired through the Domestic Gold Purchase Programme are tracked.
9 September 2026 · Joy Online →
The Public Utilities Workers Union has urged the government to take greater ownership of Ghana's energy sector challenges rather than relying heavily on IMF and World Bank prescriptions, and questioned why Independent Power Producers' pricing was not receiving greater attention in sector reform discussions.
9 September 2026 · Joy Online →
The Public Utilities Workers Union has challenged the IMF and World Bank to broaden their focus on Ghana's energy crisis to include the pricing structure of Independent Power Producers, arguing that IPP agreements and generation costs are key concerns that must be addressed for lasting energy sector stability.
9 September 2026 · Joy Online →
The Public Utilities Workers Union argues Ghana has capacity to address its energy challenges independently, suggesting focus on structural problems like power generation costs and Independent Power Producer agreements rather than external financing. The IMF estimates a US$1.1 billion sectoral financing shortfall in 2026 due to collection losses and costly generation contracts.
9 September 2026 · Joy Online →
The Public Utilities Workers Union has challenged the World Bank's approach to Ghana's energy challenges, arguing that reform efforts should prioritise structural issues such as power generation and Independent Power Producer pricing rather than other areas. The union's deputy general secretary said Ghana has the capacity to address its challenges without overreliance on international institutions.
9 September 2026 · Joy Online →
The Trades Union Congress has clarified that its threat of "legal action" against proposed private sector participation in the Electricity Company of Ghana refers to traditional industrial relations tools rather than court cases, according to TUC Deputy Secretary-General Dr Kwabena Nyarko Otoo.
8 September 2026 · Joy Online →
An NPP MP and Energy Committee member says the Trades Union Congress has legitimate reasons to be cautious about World Bank proposals for private sector participation in ECG and NEDCo operations, but distinguishes this from full privatisation and notes the party supports private involvement if it improves efficiency and reliability.
8 September 2026 · Joy Online →
Ghana's virtual asset market was already operating substantially before the Virtual Asset Service Providers Act passed in December 2025, with Sub-Saharan Africa receiving over US$205 billion in on-chain value between July 2024 and June 2025, up 52% year-on-year, with Ghana among the region's five largest markets.
8 September 2026 · Joy Online →
The Tumu Traditional Council gave President Mahama a smock during his visit last year when he promised to fix the Wa-Tumu Road, but intentionally kept the hat, which will only be handed over when he returns to commission the completed road. The chiefs say road development is now happening for the first time in Sissala and expressed appreciation, while urging the government to pay contractors to complete work including a road to the Overlord's Palace.
7 September 2026 · Joy Online →
The government is developing a National Data Exchange Hub to improve information sharing among public institutions and strengthen digital public infrastructure, as part of the US$50 million Ghana Digital Acceleration Project supported by the World Bank. The hub and modernisation of National Data Centres in Accra and Kumasi are currently at the international review stage and are expected to improve interoperability and digital government service delivery.
7 September 2026 · Joy Online →
Education Minister Haruna Iddrisu has directed all heads of Senior High Schools and Technical Institutes not to admit students outside the Computerised School Selection and Placement System (CSSPS), warning that heads found to have admitted students outside the approved process will be sanctioned in accordance with applicable regulations and the Code of Ethics.
7 September 2026 · Joy Online →
Ghana's gold export volumes declined marginally in the first half of 2026 due to Middle East conflict-linked shipment disruptions, forcing costly rerouting through Shanghai and India away from traditional UAE routes. Despite the 0.5% volume decline to 2.80 million fine ounces, gold export earnings rose 49% to US$12.50 billion, driven primarily by a 49.7% increase in average gold prices.
7 September 2026 · Joy Online →
Veteran journalist Kwesi Pratt Jnr has urged African youth to reject externally driven political narratives and unite to challenge exploitation, neocolonialism, and extraction of the continent's natural resources. He criticized African governments for entering defence and intelligence cooperation agreements with Western powers and external actors, arguing that African countries should prioritise their own sovereignty and interests.
5 September 2026 · Joy Online →
Ghana generates nearly 8 million tonnes of solid waste annually, and inadequate waste bins and delayed collection in many communities lead residents to dump rubbish on roadsides and in gutters, causing flooding, pests, and sanitation problems. Experts say addressing the issue requires more waste containers, regular collection, public education, and resident responsibility.
4 September 2026 · Joy Online →
The Development Bank Ghana has disbursed more than GH¢2.5 billion since inception, with nearly half going to businesses outside Greater Accra and over 60% to women-led and women-owned enterprises. The bank has reached almost 1,000 businesses and prioritizes agriculture, manufacturing, ICT, and high-value services to drive economic transformation.
4 September 2026 · Joy Online →
Average lending rates fell by more than 11 percentage points within a year as Ghana's inflation plunged from 23.2% in February 2025 to 5.4% in December, prompting the Bank of Ghana to cut its policy rate by 14 percentage points. The World Bank attributed the improvement to tight monetary policy, cedi appreciation, and lower food prices, though it warned that price stability remains exposed to external developments and supply-side pressures.
3 September 2026 · Joy Online →
The government has secured US$300 million from the World Bank under the STAR-J Project to expand secondary education and TVET infrastructure, improve training quality, and end the double-track system by 2027. With US$31 million in counterpart funding from Ghana, the total investment amounts to US$331 million.
2 September 2026 · Joy Online →
The World Bank has described Ghana's sharp decline in inflation in 2025 as one of the most dramatic disinflation episodes in the country's recorded economic history, with headline inflation falling from 23.2% in February 2025 to 5.4% by December 2025. The assessment attributes the significant reduction primarily to tight monetary policy, a strong appreciation of the cedi and easing food prices.
2 September 2026 · Joy Online →
Ghana's average bank lending rates declined from 27.0 per cent in June 2025 to 15.6 per cent in June 2026, alongside a fall in the Ghana Reference Rate from 23.8 per cent to 10.0 per cent, according to the World Bank's 10th Ghana Economic Update. The decline reflects improving macroeconomic conditions and the Bank of Ghana's sustained monetary easing cycle, which reduced the Monetary Policy Rate from 28 per cent in April 2025 to 14 per cent by March 2026.
2 September 2026 · Joy Online →
President Hakainde Hichilema has been sworn in for a second five-year term following a disputed August election in which he won 60% of the vote, while his main opponent Brian Mundubile (38%) has been detained on treason charges after alleging vote tampering. EU election observers raised concerns about vote tallying procedures, and security forces killed a former cabinet minister during a raid on a property linked to Mundubile the day after the poll.
2 September 2026 · The Chronicle →