September 7, 2024

Africa Publicity

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Tag: World Bank

World Bank approves $4m grant to boost access to funds earned from carbon credits

africapublicity07 mins

The World Bank and Solidaridad West Africa (SWA) – leading implementation agency for Ghana signed a grant agreement for a US$4 million project to boost social inclusion in the sharing of benefits generated within the Ghana Cocoa Forest Reducing Emissions from Deforestation and Forest Degradation (REDD+) Program (GCRP). By directly engaging 20,000 farmers from 100…

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World Bank Approves US$250 Million to Strengthen Ghana’s Financial Sector

africapublicity05 mins

The World Bank has approved a $250 million credit from the International Development Association (IDA) to support Ghana’s Financial Stability Project.   This five-year initiative aims to fortify Ghana’s financial sector by aiding the recapitalization of banks and Specialized Deposit-taking Institutions (SDIs) affected by the Domestic Debt Exchange Program (DDEP).   Ghana’s financial system plays…

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