Tag: debt restructuring
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Afreximbank Downgraded Again as Moody’s Warns on Sovereign Exposure
Pan-African trade financier Afreximbank faces renewed credit pressure after Moody's downgraded its rating to Baa2 – the second reduction in four weeks.
The agency cited...
US Senator Questions Ghana’s Debt Priorities Amid China Engagement
Ranking Senate Foreign Relations Committee member James E. Risch has raised concerns about Ghana’s debt servicing priorities following Foreign Minister Samuel Okudzeto Ablakwa’s Washington...
Ghana Approves US$360 Million World Bank Economic Support Facility
Ghana's Parliament has authorized a $360 million financing agreement with the World Bank's International Development Association (IDA), aimed at bolstering economic recovery and macroeconomic...
Ghana Advances Toward China Debt Restructuring Deal
Ghana’s Finance Minister Dr. Cassiel Ato Forson has secured "constructive and forward-looking" progress in bilateral debt negotiations during high-level talks with Chinese creditors in...
Ghana Nears Debt Restructuring Deal After China Talks, Says Finance Minister
Finance Minister Dr. Cassiel Ato Forson has declared Ghana "steadily closing a difficult chapter" in its economic history following critical debt restructuring talks with...
