News & Events

The World Bank has approved a $250 million credit from the International Development Association (IDA) and an additional $10 million grant from the Energy Sector Management Assistance Programme, to support a 4-year Ghana Energy Sector Recovery Programme for Results (PforR) to improve the financial viability of electricity distribution and increase access to clean cooking solutions.

The Government of the Republic of Ghana is pleased to announce that an agreement has been reached on a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) regarding the debt treatment agreed upon in January 2024. Ghana’s OCC is co-chaired by China and France, both of which played important roles in this achievement.

Hon Abena Osei-Asare, Minister of State is leading Ghana’s delegation to attend the 2024 Africa Export-Import Bank (Afreximbank) Annual Meetings and the 3rd African-Caribbean Trade and Investment Forum (ACTIF2024) taking place in Nassau, Bahamas from 12th to 15th June, 2024.

Ghana has secured a major financial boost for its development aspirations, inking a $2 billion framework arrangement with South Korea's Economic Development Cooperation Fund (EDCF).

Ghana and Japan took a major step to deepen their longstanding partnership by signing an agreement for a new Human Resource Development Scholarship programme. The programme will provide opportunities for 13 Ghanaian public sector officers to study at top universities in Japan this year.

Ghana and the African Development Bank have signed the Indicative Operations Programmes outlining projects to be implemented between 2024 and 2025. The proposed projects encompass support to Small and Medium Enterprises, Agriculture, Skills Development, digitalization for a total amount of US$103 million grant.