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Over the years, the foreign policy decisions of weak economies have been sometimes directed to them by their rich and powerful donors or development partners. For instance, Ghana’s socialist policies and her strong ties with the eastern bloc states like Cuba, Romania, Yugoslavia, Libya and the erstwhile Soviet Union in the early 1980s, had to shift swiftly towards the western capitalists for financial assistance to develop her shambolic economy at the time, as the communists could not assist her to rebuild[1].

Ghana has placed first in access to electricity rate in Sub-Saharan Africa, a latest report by the World Bank has stated. The World Bank’s April 2023 Africa’s Pulse Report, which assessed electricity access rate between 2015 and 2021 scored Ghana 81.2 per cent. Cote D’Ivoire, Kenya, Senegal, and Nigeria followed…

According to the World Bank’s April 2023 Africa Pulse Report, the nation recorded about 81% access to electricity rate in 2021.

The World Bank’s latest April 2023 Africa Pulse Report highlights the dire state of Ghana’s debt crisis.

“Ghana requested a Common Framework debt treatment in early 2023; hence, progress has yet to be made. In conjunction with the Common Framework engagement, Ghana conducted a voluntary domestic debt exchange programme. Other countries engaged with private creditors and bilateral donors engaged in external restructuring efforts through bilateral engagements (Malawi)”.