The World Bank wants to invest $4.5 billion over the next five years to support Ghana's development. The World Bank Group's Board of Directors this week approved a new Country Partnership Framework for Ghana spanning the period 2022-2026.

The new partnership framework will enable investments to be made through collaboration between the World Bank, IFC and MIGA. According to the institution, these investments will be made on the basis of collaboration between the World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The financing will be mobilized under the new Country Partnership Framework (CPF) approved on Tuesday, February 22, by the Bank's Board of Directors, and spanning the period 2022-2026.

The funds will be used to finance investments in human capital, job creation, economic diversification, the establishment of a resilient health system and the promotion of a greener and more inclusive society. It will also be a question of strengthening the development of the private sector, while exploiting the opportunities of digital transformation.