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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

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World Bank boss to visit Ghana

bycitibusinessnews
December 2, 2014
in Business, Local Economy, Top Stories
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World Bank Group President Jim Yong Kim will arrive in Ghana on Tuesday, December 2, 2014 as part of a mission which also takes him to the three countries most affected by Ebola, Sierra Leone, Liberia and Guinea.

In Ghana, Dr. Kim will meet with President John Mahama and other officials.

Discussions will focus on Ghana’s economic challenges and the important role of key stakeholders, including government, development partners, private sector and civil society in addressing them.

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He will convey the World Bank Group’s appreciation to President Mahama for Ghana’s leadership role in coordinating the regional Ebola response.

Dr. Kim will participate in a roundtable discussion with a group of private business leaders active in the West African sub-region to discuss the overall impact of Ebola on private businesses particularly small and medium enterprises.

It is estimated that the total cost of Ebola to Sub-Saharan Africa’s economy is between $3 billion – $4 billion.

He will also meet with officials of the UN Mission for Ebola Emergency Response (UNMEER) to discuss in-depth plans for accelerating and decentralizing the response to get to zero cases.

Joining Dr. Kim on the trip will be Jin-Yong Cai, Executive Vice-President, IFC; Makhtar Diop, Vice President for Africa and Tim Evans, Senior Director, Health, Nutrition and Population Global Practice.

Source:  World Bank

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