World Bank
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BUSINESS NEWS
World food prices expected to fall 7% in 2025 due to significant rice price reductions
Global food prices are expected to decline for a second consecutive year in 2025, driven primarily by a significant slump…
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BUSINESS NEWS
Crude Oil Prices Expected to Decline in 2025
The price of crude oil is projected to average $64 per barrel in 2025, according to the World Bank’s April…
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BUSINESS NEWS
Fitch Solutions Maintains 2025 Growth Forecast at 4.2%
Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the…
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AFRICA
World Bank Warns of Deepening Poverty Crisis in Nigeria, Projecting Sharp 3.6% Surge by 2027
The World Bank has projected that poverty will increase in Nigeria by three percentage points in five years to 2027.…
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BUSINESS NEWS
World Bank Slashes Ghana’s 2025 Growth Outlook to 3.9%, Signaling Urgent Economic Crossroads
The World Bank has revised Ghana’s 2025 gross domestic product (GDP) growth projection downward to 3.9%, falling short of the…
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BUSINESS NEWS
No projects suspended in Ghana – World Bank
The World Bank has firmly dismissed claims that any of its funded projects in Ghana have been put on hold,…
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NEWS
Asantehene Hosts Responsible Mining Conference In June
The Asantehene Otumfuo Osei Tutu II will host a conference on responsible mining in June, 2025. It will be organised…
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BUSINESS NEWS
World Bank cautions Ghana against premature return to international capital markets
World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against making a premature return…
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NEWS
World Bank Is A Worthy Partner Of Ghana’s Development — Otumfuo
Otumfuo Osei Tutu II, Asantehene, has hailed the World Bank’s tremendous support to Ghana’s development. He said the history of…
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BUSINESS NEWS
World Bank: Majority of Ghanaian banks strong enough to avoid recapitalisation
The World Bank in its 8th Ghana Economic Update, has indicated that more than half of the 23 banks operating…
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