{"id":118101,"date":"2026-07-31T12:07:06","date_gmt":"2026-07-31T12:07:06","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/ghana-needs-us37bn-yearly-to-fix-urban-crisis-world-bank"},"modified":"2026-08-02T02:37:07","modified_gmt":"2026-08-02T02:37:07","slug":"ghana-needs-us37bn-yearly-to-fix-urban-crisis-world-bank","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/ghana-needs-us37bn-yearly-to-fix-urban-crisis-world-bank","title":{"rendered":"Ghana Needs Us$37Bn Yearly to Fix Urban Crisis \u2013 World Bank"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong> <\/span>Ghana requires an estimated US$37 billion annually to address its infrastructure deficit and support sustainable urbanisation, the World Bank has said. The Bank said investment in infrastructure, stronger local institutions and effective implementation of the National Urban Policy would be critical to managing the country\u2019s rapid urban growth.<\/b><\/p>\n

Ms Madhu Raghunath, Urban Resilience and Land Practice Manager at the World Bank, said this at the ninth Ghana Urban Forum in Accra, where the Government launched the National Urban Policy.<\/p>\n

She said Ghana had become one of the most urbanised countries in Sub-Saharan Africa, with 57 per cent of its population living in cities and towns, and projected the urban population would more than double by 2050.<\/p>\n

\u201cThere is a huge infrastructure gap. Ghana\u2019s Infrastructure Plan (2019) estimates a staggering US$37 billion is needed annually to build the infrastructure that supports economic growth and improves quality of life by 2047,\u201d she said.<\/p>\n

Ms Raghunath identified flooding, inadequate housing, poor waste management and traffic congestion as major urban challenges requiring urgent attention.<\/p>\n

\u201cIn Accra alone, flood risk to assets is estimated to exceed US$20m a year in average annual losses, among the highest such figures in Sub-Saharan Africa,\u201d she said, adding that the number of people living in slums had increased from 5.5 million in 2017 to 8.8 million in 2020.<\/p>\n

\u201cUnmanaged solid waste and traffic congestion are polluting the air and contributing to climate change. Most urban households do not have access to waste services and dispose of their waste in uncontrolled dumpsites (38 per cent) or through open burning (23 per cent),\u201d she noted.<\/p>\n

Ms Raghunath called for integrated investment in transport, power, waste management and housing infrastructure to support urban development and job creation.<\/p>\n

She also urged the Government to strengthen public-private partnerships, municipal financing and local institutions to improve urban planning and service delivery.<\/p>\n

\u201cGetting urbanisation right is central to Ghana\u2019s jobs and productivity agenda: Well-planned cities reduce the cost of doing business, connect firms to workers and markets, and enable people \u2013 especially young people and informal workers \u2013 to access services, mobility, skills, and better livelihood opportunities,\u201d she said.<\/p>\n

Ms Raghunath commended the National Urban Policy for its ambition to promote inclusive urban development, affordable housing, improved mobility, climate resilience and stronger citizen participation in local governance.<\/p>\n

Mr Ahmed Ibrahim, Minister for Local Government, Chieftaincy and Religious Affairs, said the policy was designed to improve living conditions in informal settlements while preventing the emergence of new slums.<\/p>\n

He urged Metropolitan, Municipal and District Assemblies to incorporate the policy into their development plans and budgets, saying its success would depend on effective implementation.<\/p>\n

Find more news and analyses on Ghana<\/span> on the Africa Press<\/span> website<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Ghana requires an estimated US$37 billion annually to address its infrastructure deficit and support sustainable urbanisation, the World Bank has said. The Bank said investment in infrastructure, stronger local institutions and effective implementation of the National Urban Policy would be critical to managing the country\u2019s rapid urban growth. Ms Madhu Raghunath, Urban […]<\/p>\n","protected":false},"author":84,"featured_media":118100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[429],"class_list":["post-118101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ghana"],"yoast_head":"\nGhana Needs Us$37Bn Yearly to Fix Urban Crisis \u2013 World Bank - Ghana<\/title>\n<meta name=\"description\" content=\"-article-header-tag"> Africa-Press - Ghana. 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