Tag: Ghana

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Ghana-based aid and advocacy groups call for debt cancellation amid crisis

More than two dozen aid and campaign groups called on Wednesday for international creditors to cancel a large portion of Ghana's debts as it...

IMF’s Georgieva confirms Ghana seeking debt treatment under G20 Common Framework

International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the Common Framework platform supported by the...

Ghana poised to request debt relief under G20 Common Framework, say sources

Ghana is poised to request debt relief via the G20 Common Framework programme and has sought reassurances that the negotiations can be expedited before...

Ghana to exempt pension funds from domestic debt restructuring

Ghana will exempt pension funds from its domestic debt restructuring programme, according to a letter signed by the finance and labour ministers and an...

S&P cuts Ghana’s sovereign rating to ‘selective default’ on suspended debt payments

Global Ratings agency S&P on Tuesday lowered the sovereign rating on Ghana to 'selective default' from CC, a day after the country announced it...

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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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