[ad_1] The World Bank on Friday, May 31, 2024 approved a $250 million International Development Association (IDA) credit for a five-year Ghana Financial Stability Project. The project will support Ghana’s Financial Sector Strengthening Strategy (FSSS) by contributing to financial stability through the recapitalization of viable Banks and Specialized Deposit-taking Institutions (SDIs) impacted by Ghana’s…
[ad_1] Black Stars captain, Andre Ayew (Dede), is conspicuously missing from the crucial 2026 World Cup qualifying matches against Mali and the Central African Republic squad named by Otto Addo yesterday. Dede’s omission comes as a surprise taking into account his recent fine form, finishing the just-ended season on a good note; scoring six…
[ad_1] A one-year-old Ghanaian, Ace Liam, has secured the world record for the Youngest Male Artist by a Ghanaian artist. The child attempted the Guinness World Records in Accra between January 18 and January 20, 2024. The record was held by a 3-year-old. This achievement was announced at a press conference on Tuesday, May 14,…
[ad_1] In an era marked by unprecedented challenges and transformative shifts, the significance of public relations (PR) professionals has reached new heights and has never been more crucial. To celebrate this year’s World Public Relations Day (WPRD), the PR community will converge for the highly anticipated 2024 World Public Relations Day Festival organized by Global…
[ad_1] Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa…
[ad_1] In a significant financial development, Ghana has received a boost with the disbursement of a US$300 million loan facility from the World Bank. The funds have been officially released for budgetary support, marking a crucial milestone in the country’s economic recovery efforts. The substantial amount was credited to the account of the Central…
[ad_1] The US$ 300m loan facility from the World Bank to Ghana has officially been released for budgetary support. The amount was credited to the Central Bank’s account today, Wednesday March 27, 2023. It is the first in a series of three operations of $300 million each from the World Bank for crisis response and…
[ad_1] President Akufo-Addo has heaped praises on athletes and the Local Organising Committee (LOC) headed by Kwaku Ofosu Asare, for giving their best shots in the just ended 13th African Games. He said in a post via social media on Saturday following the conclusion of the tournament, “To each and every member of the…
[ad_1] Guinness World Records has officially announced that Afua Asantewaa’s ambitious attempt to set the record for the longest individual singing marathon has fallen short of success. In a tweet on Friday, February 23, 2024, Guinness World Records conveyed the outcome, stating, “Unfortunately Afua’s Guinness World Records attempt for the longest singing marathon was…
[ad_1] In a significant move, the World Bank has approved a $300 million Development Policy Operation for Ghana. This financial support aims to bolster the country’s economic recovery, resilience, and inclusive growth. The approval follows Ghana’s agreement in principle with the Official Creditors’ Committee under the G20 Common Framework for its proposed debt restructuring….
