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Ghana Institutional Support Project to Oversight and Private Sector Development Institutions
Ghana’s 2012-2016 Country Strategy Paper (CSP) (the CSP was extended to 2018) identified capacity shortages as one of the key challenges of economic development in the country, i.e. shortage of the needed skills, technology, innovations, governance, and institutional reforms. The level and quality of skills were noted as critical factors in Ghana’s ability to take advantage of new opportunities (such as those emerging in the country’s nascent oil and gas industry) and to achieve a competitive edge in a rapidly changing global economic environment. To address these challenges GISP was designed to assist in strengthening the capacity of resource mobilization institutions, integrity and oversight institutions, and private sector support institutions. The development objective of the project was to support the creation of an enabling environment for inclusive economic growth and poverty reduction through more credible public financial management systems and enhanced capacity for private sector development.

The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank.
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.