Make it your homepage |   E-mail: Subscribe Unsubscribe

IMF Executive Board Concludes 2014 Article IV Consultation with Mauritius

Thursday, April 24, 2014
News Making Money

World Bank Group opens new Office in Central Accra

14/08/2013 10:06 (252 Day 16:41 minutes ago)

The FINANCIAL -- The World Bank and IFC inaugurates a common office building in central Accra, bringing together under one roof the skills and expertise of the World Bank Group in Ghana that will foster greater collaboration and provide better service for the country’s public and private sector clients, and the general public at large.


The new building offers sufficient space in Accra to reunite IFC and World Bank staff, who previously were serving governments and private businesses in Ghana and other West African countries from separate locations. The common facilities will allow staff to better coordinate their resources and services in in pursuit of the World Bank Group twin goals of ending extreme poverty and promoting shared prosperity.  The closer proximity of teams will be leveraged in support of a new global strategy launched by World Bank Group President Jim Yong Kim that further encourages a common approach across the World Bank Group.

“I see the new building as a partial materialization of the Bank’s commitment to work as one institution and as a strong statement of dedication to our partnership with Ghana. The transparent glass exterior should be seen as our invitation to our client governments and the general public to expect not only more efficient, one-stop service, but also to expect a more open, frank and accountable World Bank Group,” said World Bank Resident Representative Yusupha Crookes, who also provides leadership for the Bank’s teams in Liberia and Sierra Leone.

“IFC will  build on our work with the World Bank and MIGA by making it easier for teams to collaborate and better serve government and business clients. Ghana is one of the region’s most promising markets for investment and ideal location for serving several West African markets. IFC is committed to ensuring that the private sector plays an important role in reducing poverty and increasing prosperity,” said Mary-Jean Moyo, IFC Senior Country Manager.

IFC’s office in Accra supports activities in Ghana and seven other West Africa countries, according to the World Bank Group. Additionally, IFC and MIGA, a member of the World Bank Group that promotes foreign direct investment into emerging economies to support economic growth, have a Business Development partnership. The partnership seeks to leverage complementary products offered by each institution to more effectively advance private sector development in challenging markets.



Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.
This text is replaced by the Flash movie.
“The former Yugoslav Republic of Macedonia”: presidential election and early parliamentary elections

23/04/2014 16:38 (10:09 minutes ago)

The FINANCIAL -- A 14-member delegation of the Parliamentary Assembly of the Council of Europe (PACE), led by Stefan Schennach (Austria, SOC), will travel to “the former Yugoslav Republic of Macedonia” from 25 to 28 April to observe the conduct of the presidential election (2nd round) and the early parliamentary elections, alongside observers from the OSCE’s Parliamentary Assembly and Office for Democratic Institutions and Human Rights (ODIHR), according to PACE.



Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (4 Day 13:07 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).

Philippines: Further reforms to strengthen growth, create more and better jobs

11/04/2014 12:00 (12 Day 14:47 minutes ago)

The FINANCIAL -- The Philippines is likely to remain as one of the fastest growing economies in the East Asia and Pacific region in the next two years.

Zurich identifies seven cyber risks that threaten systemic shock

23/04/2014 17:00 (09:47 minutes ago)

The FINANCIAL -- The recently published Zurich Cyber Risk Report, created in collaboration with the international think tank Atlantic Council, argues that cyber-risk management professionals need to look beyond their internal information technology safeguards to interconnected risks which can build up relating to counterparties, outsourced suppliers, supply chains, disruptive technologies, upstream infrastructure and external shocks, according to Zurich Insurance Company.


Developed by Aleksandre Chiabrishvili

Design built by Creo Group