Xinhua
27 May 2023, 03:30 GMT+10
ACCRA, May 26 (Xinhua) -- The World Bank has approved 150 million U.S. dollars to help the Ghanaian government control flood in the country's capital of Accra, a release from the bank's Ghana office said Friday.
The World Bank financing was for the improvement of the Greater Accra Resilient and Integrated Development (GARID) project to improve flood risk management and solid waste management for more than 2.5 million people in the Odaw River Basin in the heart of the capital.
The World Bank said Accra, accounting for 40 percent of Ghana's non-oil gross domestic product, has been facing increased flood risks that may reduce the country's economic and social development potential.
The GARID project, said the World Bank, would prioritize investments to enhance resilience to flood risks and improve solid waste management systems in targeted communities of the Odaw River Basin area.
"This support is critical to achieving the World Bank's goals of ending extreme poverty, boosting shared prosperity and increasing the resilience of African cities," said Pierre Laporte, the World Bank country director for Ghana, Liberia and Sierra Leone. "The World Bank is happy to support Ghana amid these macroeconomic challenges and to help contribute to a holistic flood management approach through this additional financing of GARID."
Get a daily dose of Irish Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Irish Sun.
More InformationJEFFERSONVILLE, Indiana: Randy Lankford, owner of Lankford Funeral Home and Family Center in Jeffersonville, Indiana, has pleaded guilty to more ...
DENVER, COLORADO: A federal judge has ruled that a rural Colorado school district can ban a high school student from ...
ZURICH, Switzerland: In one of the largest legal awards ever against Credit Suisse, the bank was ordered to pay $926 ...
DETROIT, Michigan: Amid broader global concerns over semiconductor chip supplies, sanctions and national security, Chinese commerce minister Wang Wentao said ...
WASHINGTON D.C.: The White House announced this week that President Joe Biden has chosen US Air Force chief General Charles ...
GUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...
WARSAW, Poland: Plans are underway in Poland to gradually raise the minimum wage twice in 2024. The wage plan has ...
BEIJING, China: China will put into commercial operation its first large passenger airliner, in a bid to challenge western plane ...
DUBLIN, Ireland: Ireland's homeowners and businesses expect to see still more reductions in the cost of natural gas as the ...
SAN FRANCISCO, California: Sam Altman, CEO of ChatGPT-maker OpenAI, has said the company could consider leaving Europe if it could ...
OSLO, Norway: Norwegian Defense Minister Bjoern Arild Gram has said that Norway would conduct training programs for Ukrainian pilots in ...
LONDON, England: As part of Prime Minister Rishi Sunak's measures to bring down annual net migration, which reached a record ...