Tag: Debt restructuring

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Ashmore, GMO join Ghana bondholder group steering committee -sources

Asset managers Ashmore and GMO have joined the steering committee of a creditor group of Ghana's international bondholders as the West African country's debt...

China says it will work for better solution of Zambia’s debt issues

China has always taken Zambia's debt issues seriously and will jointly work for a better solution, the Chinese foreign ministry said on Friday. Wang Wenbin,...

Swift Ghana debt rework would benefit Eurobond prices, says JP Morgan

A swift conclusion to Ghana's external debt restructuring would benefit its international bond prices but the talks may be tricky and holders could face...

IMF: Ghana targets US$10.5 billion of external debt service relief 2023 to 2026

Ghana's debt restructuring is targeting $10.5 billion of external debt service relief from 2023 to 2026, the International Monetary Fund (IMF) said late on...

Ghana’s official creditors close to giving financing assurances for debt rework talks, say sources

Ghana's official creditors are poised to grant financing assurances and form a committee co-chaired by France and China - key steps for the nation...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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