Ghana will provide $1 billion for the implementation of the ongoing road projects, minister of roads and highway Kwasi Amoako-Attah (photo) indicated this week.
According to Graphic Online, part of the funds will be used to pay the government’s debt towards road contractors while the remaining will help relaunch interrupted road projects.
Revenue collection will be improved via notably the privatization of toll gates, a project allocation. The government thus wants to improve the road network to advance the socio-economic development projects it initiated.
Ghana has decided to heavily invest in infrastructures to boost growth. The government announced the continuation of reforms initiated in the framework of a programme with the IMF (programme already exited) and multiplied loan projects to fund public expenses.
According to Amoako-Attah, the government has already paid about $4 billion of its debts towards road contractors.
Moutiou Adjibi Nourou
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Sumitomo Corporation suspended production at the Ambatovy nickel-cobalt mine after Cyclone Gezani hit Madagascar. Ambatovy delivered 28,000 tonnes of...
Aurum Resources plans to launch construction of its Boundiali gold project in 2026. The project currently hosts 2.41 million ounces of identified gold...
MTN Group secured IHS Towers’ board approval for a $8.50 per share offer valuing the company at $6.2 billion. MTN already holds about 25%...
SalamAir will begin twice-weekly non-stop flights between Muscat and Mogadishu from 3 September 2026. The service marks the first direct air link...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...
Fort Jesus is a fortress located in Mombasa, on Kenya’s coastline, at the entrance to the natural harbor that long made the city a hub of trade in the...