• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

World Bank approves $145m credit for Ghana Secondary Cities Program

3 years ago
in Features, highlights, Home, home-news, latest News
2 min read
0 0
0
140
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

World Bank approves $145m credit for Ghana Secondary Cities Program

The World Bank on Wednesday, June 8, 2022, approved an additional financing of $145 million International Development Association (IDA) credit for the Ghana Secondary Cities Support Program.

This builds on an existing program of support to secondary cities agreed in 2018 and enables the program to scale up to support 35 secondary cites across the country.

The additional financing will continue enhancing institutional capacity for urban management and providing improved basic urban infrastructure in 35 secondary cities, including the six newly created regional capitals.

Over the last decades, the urban population of Ghana grew substantially. More than 56 percent of the population resided in urban areas in 2021.

Urbanization has resulted in a greater share of the population with access to basic services, but continuously growing urban population and demand have outpaced infrastructure and service provision.

Climate change and natural disasters will further exacerbate the challenge in service delivery. If urbanization is not managed well, growing urban population and spatial development patterns of cities would put more people and assets at risk.

RelatedPosts

Ghana’s Banks not Lending Enough to Sectors That Matter Most

Luxury Tourism is a Risky Strategy for African Economies, New Study Says

IMF Isn’t Doing Enough to Support Africa; Billions Could Be Made Available Through Special Drawing Rights

However, if managed well with integrated land use planning, urbanization can lead the country to sustainable growth by increasing productivity, livability, and inclusivity.

“Ghanaians residing in participating municipalities will have improved access to urban services, such as better roads, efficient services, and reduced flooding,” said Pierre Laporte, World Bank Country Director for Ghana.

“The additional financing will further focus on strengthening the capacity of secondary cities on climate change mitigation and adaptation.”

The additional finance to the Ghana Secondary Cities Support Program is part of Government’s broader urban development and decentralization program.

It will continue to strengthen local systems and focus on secondary cities by providing them incentives to improve their performance as city managers.

The program will also assist regional and national institutions to provide secondary cities with the support needed for effective urban management and service delivery.                                                            

Ghana’s resilient, inclusive, and green recovery from the COVID-19 and sustainable development will depend on how efficiently and effectively growing cities will be managed.

“The Ghana Secondary Cities Program will support Government’s National Decentralization Action Plan to ensure the effective and efficient management of growing cities to boost economic activities and improve living conditions. To bring this opportunity of urbanization to fruition, cooperation, and coordination at different levels of governments will be essential”, said Martin Onyach-Olaa, Senior Urban Specialist and Task Team Leader.

Tags: Covid-19Ghana Secondary Cities Support ProgramUrbanisationWorld BankWorld Bank approves $145m credit for Ghana Secondary Cities Program
No Result
View All Result

Highlights

FirstBank Ghana Commits GHS 200,000 to Community Projects Under 2025 CR&S Week

African Development Bank President Ould Tah Tackles Financial Reform in Push for Development

OSP Invites DVLA CEO Over Alleged GHS 4m Bribery Attempt Linked to Digital Vehicle Plate Rollout

Standard Chartered Zambia Signs Agreement to Sell Wealth & Retail Banking Business to First National Bank Zambia

Vinicius Jr. Apologizes for Clásico Outburst, Leaves Out Coach Alonso

Rabat Set to Host African World Cup Playoffs Next Month

Trending

Business

Ghana’s Banks not Lending Enough to Sectors That Matter Most

October 29, 2025

Ghana’s Banks not Lending Enough to Sectors That Matter Most Bank lending is a major source of...

Luxury Tourism is a Risky Strategy for African Economies, New Study Says

October 29, 2025

IMF Isn’t Doing Enough to Support Africa; Billions Could Be Made Available Through Special Drawing Rights

October 29, 2025

FirstBank Ghana Commits GHS 200,000 to Community Projects Under 2025 CR&S Week

October 29, 2025

African Development Bank President Ould Tah Tackles Financial Reform in Push for Development

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.