August 31, 2022
Ghana: U.S.$750 Million Afreximbank Loan Hits Bank of Ghana's Accounts
The $750 million African Export-Import Bank (Afreximbank) Loan approved by Parliament last month, has hit the Bank of Ghana (BoG)'s account, sources close to Citi Business News… Read more »
August 26, 2022
Ghana: A Call for Debt for Climate Swap for Climate Vulnerable States Like Ghana
Climate change has become perhaps the most important threat to human development. Climate change has reduced development of vulnerable countries by at least 20%. The World Bank… Read more »
August 15, 2022
Ghana: Govt Must Develop Comprehensive Debt Management Strategy - Deloitte
The government must develop a comprehensive debt management strategy with a focus on accessing concessionary loan facilities and reduce reliance on commercial loans, Tax Advisory… Read more »
August 02, 2022
Ghana: Minority Worried Over Looming Judgment Debt in ENI, Springfield Unitisation Impasse
The Minority in Parliament has raised concern over a protracted impasse between ENI/Vitol and Springfield Ghana will land the country in a $7 billion judgment debt. Read more »
Ghana: Cedi Depreciation Pushes Ghana's Debt High
Ghana's total debt stood at GH₵393.5 billion, representing 78.3 per cent of GDP as of 30th June, 2022, with about 51.7 per cent of this position being financed by external debt. Read more »
July 21, 2022
Ghana: Incomplete Disclosures About Debt Cannot Foster Debt Restructuring Exercise - Prof. Gatsi
The Dean of the University of Cape Coast School of Business, Professor John Gatsi, has said opaqueness and incomplete disclosures about debt cannot foster debt restructuring… Read more »
July 20, 2022
Ghana: Ghana Ranked 2nd Among Countries With Highest Debt Default Risk in 2022 By Bloomberg
A Bloomberg study has ranked Ghana 2nd among countries with the highest debt default risk in 2022. Read more »
July 18, 2022
Ghana: High Court Prevents Payment of More Than Gh¢5 Million Judgment Debt
The Accra High Court has dismissed an application in which Fidelity Bank is urging the court to order the Ghana Revenue Authority (GRA) to pay more than GH¢5 million in a… Read more »
June 17, 2022
Ghana: Govt Secures U.S.$24.9 Million Loan ... for Agricmechanisation Plant
A signing ceremony to finance the establishment of a tractor and a backhoe loader in Ghana was yesterday signed between the Ministry of Finance and the Export and Import Bank of… Read more »
May 10, 2022
Ghana: Govt to Pay Extra Interest Rate for 5-Year, 2-Year Bonds
Government will pay an interest rate of 22.30 per cent and 21.50 per cent for the 5-year and 2-year bonds issued on Friday, May 6, 2022. Read more »