The World Bank Group is shifting its support strategy in Ghana toward job creation and private sector expansion, backing it with a fresh $3 billion investment commitment.

Managing Director Paschal Donohoe said the funding will prioritise key sectors including agriculture, energy, education and infrastructure, with a strong emphasis on unlocking opportunities for businesses and improving livelihoods.

Speaking during an engagement with lawmakers in Parliament, Mr Donohoe stressed that the initiative goes beyond financing, positioning it as a long-term partnership aimed at transforming Ghana’s economic prospects.

“We are working with the government and the private sector to support investment and lending,” he noted, adding that the Bank is preparing a comprehensive report focused on growth and job creation.

The investment is expected to boost agricultural productivity through irrigation projects, strengthen energy supply, improve transport systems and expand training programmes to equip young people with relevant skills.

He underscored the importance of aligning development support with Ghana’s ambitions, describing the engagement as a shared effort to build a resilient and inclusive economy.

Lawmakers welcomed the move but called for broader inclusion. Minority Leader Alexander Kwamena Afenyo-Markin urged that both Majority and Minority members be equally involved in capacity-building programmes linked to the initiative.

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On his part, Majority Leader Mahama Ayariga highlighted the potential of the investment to revitalise agriculture and encouraged the private sector to take advantage of improving economic stability to expand operations and create jobs.

The World Bank’s renewed commitment signals growing confidence in Ghana’s recovery path, with a clear focus on leveraging private enterprise and strategic sectors to drive sustainable growth.