Tag: Ghana

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Fitch lowers Ghana to “restricted default” after coupon payment missed

Ratings agency Fitch on Tuesday downgraded Ghana's long-term foreign-currency issuer default rating to 'restricted default', after the country missed the grace period to make...

Ghana approves Vodafone Ghana takeover by Telecel

Ghana's National Communications Authority (NCA) has given final approval for the transfer of the 70% majority shares in Vodafone Ghana held by Vodafone Group...

Ghana inflation dips in January, first fall since May 2021

Ghana's consumer inflation slowed slightly to 53.6% year-on-year in January from a more than two-decade high of 54.1% in the previous month, data showed...

MTN commits to US$1 billion Ghana investment after government scraps tax claim

MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian...

The Magic Math of Ghana’s Debt Games

Regular readers of this page were puzzled when after weeks of projections by analysts of a final participation rate of between 60% and 65%...

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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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