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The World Bank Group has approved a $40 million loan to Ghana, to support the implementation of selected components of the government's Information and Communications Technology, (ICT) for Accelerated Development Policy.

This policy was completed a few years ago and adopted into Ghana's poverty reduction strategy as a key framework for growth. The assistance is expected to provide the requisite resources to accelerate policy implementation. The release said that in this regard, the e-Ghana Project has been designed particularly to encourage private sector participation. The ultimate objective of the project is to assist the government of Ghana to generate growth and employment by leveraging ICT and public-private partnerships to develop the Information Technologies-Enabled Services Industry, and to contribute to improved efficiency and transparency of selected government functions through e-Government applications. The Project is expected to be implemented over five years, with the Ministry of Communications serving as the implementing ministry. In the end the project, it is expected to increase ICT-based jobs by 200 per cent with equal opportunities for women, an increase in export-led revenue and an increase by 25 per cent satisfaction of users.

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