Tag: Ghana debt
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Ghana Nears Key Debt Deals to Unlock Infrastructure Funding
Ghana expects to sign four bilateral debt restructuring agreements by end-July 2025, a critical step toward reviving frozen infrastructure projects and meeting IMF targets.
Finance...
Kumasi Assembly Confronts GH₵123m Debt Amid Legal Overhaul
The Kumasi Metropolitan Assembly (KMA) faces a GHC123.5 million debt crisis, Metropolitan Chief Executive Richard Ofori-Agyeman Boadi revealed during the 9th Assembly’s session on...
Ghana’s US$360M World Bank Loan Sparks Transparency Concerns
Policy think tank IMANI Africa has questioned the Ghanaian government’s communication around a recently approved $360 million World Bank loan, warning that ambiguous framing...
Ghana’s Economic Recovery Gains Momentum as Fitch Upgrades Credit Rating
Finance Minister Cassiel Ato Forson has reaffirmed the government's commitment to sustainable economic recovery following Fitch Ratings' upgrade of Ghana's Long-Term Foreign-Currency Issuer Default...
Fitch Lowers Afreximbank Rating Amid Ghana and Zambia Debt Disputes
Fitch Ratings has downgraded the African Export-Import Bank's credit rating to BBB-, citing exposure to sovereign debt restructurings in Ghana and Zambia.
The African Union's...
