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Volivo Bridge, Kumasi Ring Road set to take off as JICA secures fresh funding
April 15, 2026
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Volivo Bridge, Kumasi Ring Road set to take off as JICA secures fresh funding

Money
Policy
Opportunity
Growth

Key Points

  • Ghana is set to advance two key infrastructure projects: the Volivo Bridge and the Kumasi Inner Ring Road, following discussions with JICA.
  • Finance Minister Dr. Cassiel Ato Forson met with JICA Senior Vice President Ando Naoki at the IMF/World Bank Spring Meetings to discuss the projects.
  • JICA expressed confidence in securing additional funding for the Volivo Bridge, with the contractor expected to mobilize by year-end, citing Ghana's improved macroeconomic outlook.
  • The Kumasi Inner Ring Road project is currently undergoing its tender process and is poised for commencement once procurement is finalized.
  • Dr. Forson reaffirmed that Ghana has moved beyond its 2022 economic crisis, with debt on a sustainable path and aiming for a moderate risk of debt distress.

Why This Matters

These infrastructure projects are vital for Ghana's economic development, enhancing urban mobility, trade, and connectivity across the country. The renewed commitment from JICA, underpinned by Ghana's reported economic stability, signals international confidence and can significantly improve the quality of life for citizens and attract further investment. Successful completion will also bolster Ghana's image as a stable investment destination.

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