Tag: Ghana
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Ghana borrows up to US$200 million from cocoa traders to plug funding gap
Ghana's Cocobod has borrowed between $150 million and $200 million from cocoa traders to finance bean purchases since the 2023/24 season opened, due to...
Ghana’s deputy trades minister pushes for extension of AGOA
Ghana's deputy Minister of Trade and Industry Nana Ama Dokua Asiamah-Adjei is supporting the push for the extension of the African Growth and Opportunity...
Africa Finance Corporation exits stake in Ghana’s Takoradi Port to Yilport Holding
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire...
Fitch upgrades Ghana’s Long-Term Local-Currency IDR to ‘CCC’
Fitch Ratings has upgraded Ghana's Long-Term Local Currency Issuer Default Rating (IDR) to 'CCC' from 'RD'.
The ratings agency has also affirmed the country’s Long-Term...
Ghana loses US$50 billion through capital flight in five decades
Ghana lost US$50 billion between 1970 and 2021 through capital flight, a study by the National Development Planning Commission (NDPC) and the University of...
