Ghana’s push to unlock fresh infrastructure financing is gaining traction at the ongoing IMF–World Bank Spring Meetings, with the government signalling a decisive pivot from crisis management to project execution as development partners regain confidence in the economy.
Finance Minister Dr.Cassiel Ato Forson, after a high-level meeting with Senior Vice President of the Japan International Cooperation Agency (JICA), Ando Naoki, disclosed that the Cooperation is advancing processes to secure additional funding for the long-anticipated Volivo Bridge project.
According to the Minister, JICA has expressed strong confidence in Ghana’s recovery path, with expectations that financing will be firmed up to enable contractor mobilisation before year-end—clearing a key bottleneck for the strategic Volta crossing.
The renewed backing reinforces a broader return of concessional financing, as policy reforms and fiscal consolidation efforts begin to restore Ghana’s credibility among development partners.
Beyond the Volivo Bridge, discussions also highlighted steady progress on the Inner Ring Road project in Kumasi, where the tender process is currently underway. The project is expected to ease congestion in the metropolis and improve connectivity to the N8 corridor.
Key components include the widening of a 3.2-kilometre stretch between Santasi and Ahodwo roundabouts, upgraded intersections with modern traffic signals, and improved pedestrian and drainage infrastructure.
This development underscores a shift in Ghana’s outlook, from stabilisation to execution, where policy credibility is increasingly translating into bankable infrastructure projects and long-term growth opportunities.
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