Connect with us

News

Ghana received US$430 million to fight COVID-19 – World Bank

Published

on

Ghana got an amount of US$430 million from the World Bank

The money was to fight Coronavirus

Advertisement

Pierre Frank Laporte revealed in an interview

Ghana received a sum of US$430 million to fight the novel Coronavirus, World Bank Country Director, Pierre Frank Laporte has revealed.

According to him, the money was initially directed at the various campaigns that sought to inform and educate Ghanaians on the safety protocols of COVID-19.

Advertisement

Speaking on Joy News’ PM Express, Laporte said, “we’ve provided US$430 million to Ghana to fight COVID-19. And this includes different activities including initially the communication campaign, the sensitization campaign, equipping labs, equipping new facilities to receive patients, to treat patients.”

He added, Ghana received an additional US$130 million from the World Bank which was purposely for the purchase of vaccines.

While the World Bank was actively supporting Ghana’s fight against the novel Coronavirus, it also set into motion several projects to enable the country’s economy to stay afloat.

Advertisement

Pierre Frank Laporte indicated that, these projects were targeted at Small and Medium Enterprises (SMEs) which are the backbone of Ghana’s economy.

He explained, the World Bank also accelerated the disbursement of projects like the Ghana Economic Transformation projects which targeted SMEs in particular.

“The Tourism project that was suffering from other places before COVID-19. The Minister has done an excellent job in pushing these activities forward, helping a lot of small businesses,” he said.

Advertisement

He noted, the World Bank was further accelerating the disbursement of its social protection project while approving US$100 million more to support the project.

“So, a lot of things are happening. We’re hoping that the Development Bank, the Development Finance will also get resources for small businesses so a lot happened that we’ve done,” Pierre Frank Laporte stressed.

Laporte revealed further on the show that, Ghana could receive a further US$60 million to help in its continuous fight against COVID-19.

Advertisement

“You see the Omicron variant has reminded us of something that we should never think that COVID will just go away like that. It may go away, it may not. At this point in time, we’re discussing a further tranche of support for COVID-19.

“If all goes well it should be available early March. We’re looking at US$60million dollars, which 20 will go directly for more vaccines and the 40 for additional treatment centres,” he said.

Source: www.ghanaweb.com

Advertisement

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.

News

Nominations Opened for 2022 Top 50 Young CEOs in Ghana Ranking

Published

on

By

Leading African PR & Rating firm, Avance Media in partnership with TheYCEO.com have opened nominations for the ranking of the 2022 Top 50 Young CEOs in Ghana. The ranking, which was launched in 2018, has become a notable list of the top-performing CEOs under 40 excelling in their roles in various organizations across the country.

Nominations that are supposed to be submitted before 10th June 2022 can be done via the online portal www.avancemedia.org/nominate

Prince Akpah, MD of Avance Media also announced the addition of a special award known as the Young CEO of the Year Award to the annual ranking of the Top 50 Young CEOs in Ghana. The selection of the winner will be from the 50 and will be decided by the public in a 100% voting exercise.

Advertisement

READ ALSO:Avance Media Releases 2021 List For 50 Most Influential Young Ghanaians

As part of the celebration of the 5th edition of the ranking, Avance Media and TheYCEO.com in partnership with various institutions will be hosting the first Young CEOs in Ghana summit which would become an annual event and confab for young CEOs in Ghana to network and learn from each other.

The Young CEOs in Ghana Summit will also be used to honour young Ghanaian CEOS for their contribution to the development of the entrepreneurship and innovation space in Ghana.

Advertisement

 

Source: Sintim Media

Advertisement
Continue Reading
Advertisement

Facebook

Featured

News15 hours ago

Nominations Opened for 2022 Top 50 Young CEOs in Ghana Ranking

Leading African PR & Rating firm, Avance Media in partnership with TheYCEO.com have opened nominations for the ranking of the...

Sports2 days ago

Mbappe Snubs Real Madrid, Renews His Contract With PSG Till 2025

Mbappe Snubs Real Madrid, Renews His Contract With PSG Till 2025 The French superstar, Kylian Mbappe has snubbed Real Madrid...

Afrobeat2 days ago

AmWan — 50 50 [Prod. By Kayl3bahd & Mixed By AbeBeatz]

AmWan — 50 50 [Prod. By Kayl3bahd & Mixed By AbeBeatz] Sensational Highlife/Afrobeat musician and 1Tim Music boss, Amwan has...

Gospel3 days ago

Rev. Fiifi Hanson — Asore (Church) Ft. Sticker Songs [Prod. By Sticker Beatz)

Gospel Musician and head pastor for Perez Chapel in Breman Asikuma, Rev. Fiifi Hanson has released his first single for...

Concerts3 days ago

Kuami Eugene and KiDi to Embark On Europe Tour

Kuami Eugene and KiDi to Embark On Europe Tour Lynx Entertainment signees and multiple award-winning artistes Kuami Eugene and KiDi...

Concerts4 days ago

Sarkodie and R2bees To Stage “It’s About Time” Concert In New York City

Sarkodie and R2bees To Stage “It’s About Time” Concert In New York City Multiple Award winning Rapper Sarkodie and musical...

Asikuma Odoben Brakwa District4 days ago

Hon. Alhaji Kobina Ghansah Visits Berline Nyarko At Black Maidens Camp

Hon. Alhaji Kobina Ghansah Visits Berline Nyarko At Black Maidens Camp The Member of Parliament for the good people of...

Ghana Entertainment6 days ago

Kumawood actor Osei Tutu is dead

Kumawood actor reported dead MP mourns late actor Tributes pour in for late actorAdvertisement Member of Parliament for Old Tafo,...

Animals6 days ago

The Kiwi Bird

Kiwi is a name given to a New Zealand bird because of its strange cry. It is about a size...

Animals1 week ago

Get to know Jellyfish today

JELLYFISH is sea animal with a thick layer of jellylike material. Jellyfishes are classified in the coelenterates, that is the...

Advertisement

Trending