{
  "id": 3703434,
  "title": "World Bank warns Ghana’s business environment remains a major drag on growth",
  "url": "https://urgent.news/2026/08/27/world-bank-warns-ghanas-business-environment-remains-a-major-drag-on",
  "topic": "world",
  "section": "World",
  "published": "2026-08-27T07:53:22.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/world-bank-warns-ghanas-business-environment-remains-a-major-drag-on-growth/"
  },
  "original_language": "en",
  "account": "The World Bank has cautioned that Ghana's business environment continues to hinder the country's growth potential, citing unreliable and costly connectivity as a major issue. This concern is particularly significant for Ghana's diversification efforts beyond extractive industries like gold and cocoa. Robert Taliercio O’Brien, World Bank Division Director for Ghana, Sierra Leone and Liberia, emphasized the importance of improving the business environment to turn recent macroeconomic gains into sustainable and inclusive growth. He explained that unreliable connectivity raises costs, fragments markets, and deters private investment in sectors crucial for Ghana's diversification. Despite Ghana's strong economic recovery, with a GDP growth rate of 6.0% in 2025 and 6.4% in the first quarter of 2026, the World Bank cautions that these gains could be at risk if structural constraints affecting businesses and investment are not addressed. The transport sector, in particular, poses a challenge, with only 27% of the approximately 94,200-kilometre road network paved and half of it in poor condition. Addressing these transport and infrastructure issues is vital, as they not only impact infrastructure but also growth, competitiveness, and job creation.",
  "summary": "The World Bank has warned that Ghana’s business environment remains a major constraint to the country’s growth potential, with unreliable and costly connectivity increasing operating expenses, fragmenting markets and discouraging private investment. The Bank said the challenges were particularly concerning for Ghana’s efforts to diversify its economy beyond extractive industries such as gold and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}