Paschal Donohoe: World Bank Managing Director on debut Ghana and Liberia visit in March
Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank Group, will visit Ghana and Liberia from March 15 to 20, 2026, marking his first trip to West Africa since assuming the role in November 2025.
The visit is expected to reaffirm the World Bank Group’s support for Ghana’s macroeconomic recovery and efforts to convert ongoing reforms into economic growth and job creation through private capital mobilisation, knowledge sharing, and global expertise.
During the visit, Donohoe will hold bilateral meetings with John Mahama in Accra and Joseph Boakai in Monrovia. He is also expected to engage senior government officials on development priorities including job creation, improving electricity access through Mission 300, and strengthening economic governance.
In Ghana, the World Bank Managing Director will meet the Minister of Finance, the Speaker of Parliament, development partners, civil society representatives, business leaders and African-based think tanks. He will also deliver a lecture titled “Building Skills, Creating Jobs, and Empowering Africa’s Future” at the University of Ghana.
Donohoe will further visit the Ghana Accountability and Learning Outcomes Project (GALOP) and Africa’s largest single rooftop solar installation at LMI Holdings in the Tema Free Zones Enclave, which supplies 16.82 megawatts of power to businesses.
While in Liberia, he will meet the Minister of Finance and Development Planning, the Executive Governor of the Central Bank of Liberia, and private sector leaders. He is also scheduled to tour the Mount Coffee Hydropower Plant, which produces 88 megawatts of electricity and hosts the construction of a 20-megawatt solar photovoltaic plant.
The World Bank Group has operated in Ghana since 1957, with a current portfolio of US$4.24 billion across 22 projects. The International Finance Corporation has invested more than US$800 million in Ghana over the past two fiscal years, including over US$520 million since July 2025, while the Multilateral Investment Guarantee Agency has an active exposure of about US$330 million in the country.
In Liberia, the World Bank’s active portfolio stands at US$936.8 million across 18 projects, supporting sectors such as infrastructure, health systems, agriculture, fisheries, social protection, governance reforms, water supply, women’s empowerment and improvements in the investment and trade climate. IFC’s portfolio in Liberia totals about US$12.6 million, while MIGA has US$81 million in guarantees supporting a cross-border telecommunications investment project issued in 2023.
Source: classfmonline.com
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