WASHINGTON: Spain has pledged an early financial commitment of £400 million to the International Development Association (IDA), the World Bank’s fund dedicated to low-income countries. This latest contribution underscores Spain’s ongoing support, brin…
ACCRA: Promasidor Group has announced a major leadership change as part of its strategic efforts to enhance operations and foster growth in the Economic Community of West African States (ECOWAS) region. Mr. Festus Tettey, the current Chief Executive O…
ACCRA: Republic Bank (Ghana) PLC has announced the appointment of EY as its new external auditors for the financial year starting in 2024. This decision aligns with regulatory requirements and underscores the bank’s dedication to maintaining robust co…
ACCRA: CWG Ghana Limited, in collaboration with Nigeria’s Precise Financial Systems (PFS), has unveiled an AI-driven account reconciliation solution aimed at enhancing efficiency and reducing fraud risks for financial institutions in Ghana. The newly …
ACCRA: Ghana has finalized a $260 million agreement with the World Bank aimed at addressing the nation’s energy sector inefficiencies and significant financial losses. The initiative, part of the Energy Sector Recovery Programme, seeks to mitigate the…
WASHINGTON: Dr. Ernest Addison, the Governor of the Bank of Ghana, has called for amplified support from the International Monetary Fund (IMF) and the World Bank Group (WBG) to bolster Africa’s fiscal policies. Speaking at the 2024 Africa Caucus Meeti…
