World Bank Increases Support for Ghana-Funded Projects



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By Kodjo Adams, RNG

Akuse (L / R), March
28, GNA – Dr. Hafez Ghanem, Vice President of the World Bank for Africa, expressed
desire to increase support for projects funded by the World Bank Group in Ghana, including
social projects focused on poverty reduction.

"We will be very
pleased to increase support for social intervention programs in Ghana, as
when more requests come. This is essential because these are the types of
projects that we want to support. We want to support more people especially women
of poverty, "he added.

Dr. Ghanem gave the
insurance Wednesday during an interview with the media in Akuse, in the Great
Accra Region during a field visit of part of the World Bank Group-financed funds.
projects in Ghana.

Dr. Ghanem, Mr. Henry
Kerali, Country Director of the World Bank Group for the Africa Region
entourage visited the farms of Rosh Pinnah, a project of West Africa
Agricultural Productivity Program (WAAPP), sponsored by the World Bank Group.

WAAPP is a two-phase process.
Program is adoptable over 10 years. The first of WAAPP concerns three countries
– Ghana, Mali and Senegal.

World Bank supported
the first phase of the program in Ghana with an amount of $ 15 million
from 2007 to 2012, while the second phase, from 2013 to 2017, was supported by
$ 60 million.

the
priority commodities for the WAAP which has the
Policy Research Institute and West and Central Africa Council for Agricultural Development
Research and Development in 2006, identified roots and tubers,
livestock, rice, cereals, among others, as commodities
major contribution to agricultural growth and production in the region.

Dr. Ghanem and the
The team was impressed by the progress of the programs, saying that the world
Bank was an institution with the aim of helping countries to fight against poverty,
where the need for support.

He encouraged
responsible for the program to work in a concerted effort to improve the
be among the least privileged in society, especially smallholders.

The team visited
Vegpro Ghana Limited, a large agribusiness company that produces "maize corn" in Fodzoku,
in the Volta region, mainly for export to the European market.

Dr. Ghanem and the
The team inspected the plantations of its funded projects in the region and obtained
satisfied with the wave of work.

The team briefly
the Akosombo Volta River Authority for an overview of its activities.
operations.

Mr. Augustine Danquah,
WAAPP Monitoring and Evaluation Specialist, addressing the achievement of objectives
the program, said the initiative had contributed to the release of four high-yield
varieties of cbadava and adapted to Ghana's main agro-ecological zones,
adding that one of the varieties can be pounded while the others were good for
transformation into different products.

Mr. Gareth Wikie,
Vegpro Ghana Limited, General Manager for Vegetation, stated that the soil and
the temperature in the area was good for planting vegetables and flowers as
well.

He said the company
need to increase their production capacity, which was low due to the lack of
work at the weekend.

Dr. Ghanem, arrived
Ghana on Sunday, March 24 to begin a three-day mission visit. He paid a courtesy call on President Nana
Addo Dankwa Akufo-Addo to discuss macroeconomic, fiscal and monetary policies
and highlighting investment opportunities in education and digital in full swing.
economy.

He then met Vice
President Mahamudu Bawumia, Prime Minister Yaw Osafo-Maafo, Minister
of finance ministers and the governor of the central bank, Dr. Ernest
Addison for in-depth discussions on sector-specific issues.

Dr. Ghanem on March 26
participated in a series of dialogues between African CSOs and parliamentary parliaments
countries in sub-Saharan Africa and publish a report from the World Bank entitled Profiting
of parity – Unlocking the potential of women entrepreneurs in Africa.

It's the Ghanem
first visit to Ghana since becoming Vice-President in 2018.

Assets
The portfolio of the International Development Association in Ghana includes 21 projects,
covering all major sectors, including energy, transport, education, water
and sanitation, among others. All World Bank commitments amount to US $ 1,731
billion with about 66% disbursed.

Ghana too
participates in a regional project in education.

GNA

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