Tag Archive for: Ghana

Mayor’s Private Sector Conference

Africa News

Ghana extends Domestic Debt Exchange deadline for 3rd time

Ghana has for the third time extended the deadline of the debt exchange programme to Jan. 31, Finance Minister Ken Ofori-Atta said on Monday. The extension is to allow the government to build consensus while they engage with stakeholders’…

Ghana suspends payment of part of its foreign debt, including Eurobonds

Ghana has temporarily suspended the payment of part of its external debt, including Eurobonds, as it seeks to restructure it after an agreement with the International Monetary Fund (IMF) last week. "We are announcing today (Monday) the…

Ghana to Swap Local Debt in Fight to Regain Economic Stability

Ghana asked investors to exchange around $9 billion in domestic debt for new bonds on Monday (Dec.5) to ease a crunch in payments as the government negotiates an IMF bailout during its worst economic crisis in decades. Finance Minister Kenneth…
CNBC Africa

Ghana overhaul a test for $1 billion World Bank-backed debt

Ghana’s debt restructuring plans are set to test a $400 million World Bank guarantee which was designed to provide extra security if the West African country failed to pay. Like other smaller, riskier emerging market countries including…

Egypt to participate in launching AfCFTA Guided Trade Initiative in Ghana

Egypt will participate with the largest shipment of products to Ghana within the framework of the initiative, according to a press statement. The 10th African Trade Ministerial Meeting of the AFCFTA will be hosted for two days in the…