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 Zimbabwe Star 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 Zimbabwe Star.
More InformationGOWER, Missouri: Hundreds of people flocked to the small town of Gower, Missouri, to see a mummified nun, Sister Wilhelmina ...
TOKYO, Japan: After coming under public criticism for using Japanese Prime Minister Fumio Kishida's residence for a private party, his ...
WASHINGTON D.C.: The Defense POW/MIA Accounting Agency has announced that 2nd Lt. James Litherland of South Williamsport, Pennsylvania, an Army ...
DHAKA, Bangladesh - The Anti-Corruption Commission (ACC) has filed a case against 13 members of Grameen Telecom's board of directors, ...
WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...
LOUISVILLE, Kentucky: Two horses that succumbed to their injuries at Churchill Downs have become the 11th and 12th fatalities over ...
Florida is known worldwide for its beaches, resorts and theme parks, but has recently made headlines for a different reason. ...
Cape Town [South Africa], June 2 (ANI): On the sidelines of the 'Friends of BRICS' gathering, External Affairs Minister S ...
NATO ignores the issue as Morocco is its main partner in North Africa, Talen Ali Salem has told RTThe question ...
The formal announcement will reportedly be made in AugustArgentina is one step away from joining the New Development Bank (NDB) ...
One person was killed after a huge billboard collapsed on a major highway in Cairo, according to state mediaHeavy sandstorms ...
Moscow continues to supply Western and Central Europe via Ukraine, Gas Infrastructure Europe data showsThe EU has continued to ramp ...