Ghana’s efforts to secure new infrastructure financing are gathering momentum at the ongoing IMF–World Bank Spring Meetings, as the government signals a clear shift from economic recovery to active project implementation, with renewed confidence from development partners in the country’s economy.
Following a high-level engagement with Cassiel Ato Forson, Ghana’s Finance Minister, and Ando Naoki of the Japan International Cooperation Agency, it was revealed that steps are being taken to secure additional financing for the long-awaited Volivo Bridge project.
The Minister indicated that JICA is optimistic about Ghana’s economic recovery, with plans to finalise funding arrangements that will allow contractors to mobilise before the end of the year removing a major hurdle to advancing the critical Volta crossing.
This renewed support signals a broader return of concessional funding, as ongoing policy reforms and fiscal discipline continue to rebuild trust between Ghana and its development partners.
In addition to the Volivo Bridge, talks also pointed to steady progress on the Inner Ring Road project in Kumasi, where the procurement process is currently in motion. The initiative is expected to reduce traffic congestion and enhance connectivity to the N8 highway corridor.
The project will involve expanding a 3.2-kilometre section between Santasi and Ahodwo roundabouts, upgrading key intersections with modern traffic systems, and improving pedestrian walkways and drainage facilities.
Overall, these developments highlight a transition in Ghana’s economic direction from stabilisation efforts toward execution where strengthened policy credibility is beginning to translate into viable infrastructure projects and sustainable growth prospects.