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 has previously identified limited access to finance as a major constraint on Ghanaian firms, particularly SMEs, while noting that digital financing had shown promise but had not yet scaled sufficiently to overcome the barriers confronting MSMEs. …
US$4.8bn SME financing gap exposes Ghana’s credit challenge — A call for swift implementation of open banking, open finance reformsThe Chronicle
… Dr Takyi made the observation in an interview with The Chronicle while commenting on the World Bank’s findings on sustainable urban development in Ghana, which advocate more compact development as part of efforts to make cities more sustainable. …
Unplanned Urban Settlements Fuelling Flooding, Food Insecurity – KNUST DonJoy Online
… The World Bank estimated Ghana’s MSME financing gap at approximately US$6.1 billion, equivalent to 13% of GDP, and found that about 74% of MSMEs were partially or fully credit-constrained. …
Technological convergence, disruptive innovation and the future of youth education in GhanaJoy Online
… Nsor-Ambala said the finance minister was clear during the mid-year budget review that preparatory works were ongoing to finalise the financing agreement with the World Bank. …
DBG to develop tailored financing tools to drive Ghana’s oil palm industryThe Ghanaian Times
… said that until June this year, the government had not sent a single loan agreement to Parliament, indicating that it had largely relied on its own resources to implement its programmes. “The first loan agreements that have been sent to Parliament are the $300 million World Bank …
Cutting waste key to economic recovery – Pres MahamaThe Ghanaian Times
… He said Africa with a Gross Domestic Product of US$3 trillion of the world’s US$105 trillion and three per cent share of global trade according to a 2023 World Bank report, the continent must do more to increase its trade capacity, taking advantage of the AfCTA. …
Harakati delegates discuss African integration in AccraJoy Online
… World Bank governance indicators tracked across more than two hundred economies show institutional quality correlating closely with long-run income growth, a relationship that rewards patience far more reliably than it rewards urgency. …
The Inconvenient Truth: Not everything called governance is the same thingJoy Online
… telligence (AI) could allow developing countries to do in a decade what might otherwise take a century—provided that governments act swiftly to close the gaps in power, connectivity, skills, and institutional quality that threaten to leave them behind, according to the World Bank …
AI offer lifeline to developing economies in an era of weak growth – World BankJoy Online
… The Ministry of Finance also made payments of about US$2 billion to independent power producers (IPPs) and fuel suppliers, including the replenishment of the World Bank-guaranteed letter of credit for gas from the Sankofa field. …
IMF cautions Ghana over energy sector despite progress made in reducing energy debtJoy Online
… deliberate infrastructure intervention targeting Category ‘A’ schools.The allocation, he said, would support the expansion of classrooms, dormitories and laboratories across the schools.Mr Iddrisu also disclosed that the government was expecting up to US$300 million in World Bank …
Incentivise alumni donations to public schools – Achimota OAA President urges GETFund, GRA, Education MinistryA 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 →