Tag: Ghana

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Ghana unlikely to fulfill all cocoa contracts after weak harvest

Ghana, the world’s second largest cocoa producer, is unlikely to be able to fulfill some of its crop contracts for a second season, adding...

Ghana sees slower 2023 growth, higher inflation at mid-year review

Ghana's government said on Monday it had roughly halved this year's economic growth forecast and saw higher inflation and a primary deficit whereas it...

Ghana invites domestic dollar bondholders to debt restructuring

Ghana's finance ministry has invited eligible holders to exchange $809.9 million in domestic U.S. dollar bonds for a package of new bonds with lower...

Ghana inflation edges up to 42.5% in annual terms in June

Ghana's consumer inflation edged up again to 42.5% in annual terms in June from 42.2% in May, driven partly by higher food inflation, data...

Cocoa hits highest price in 46 years

Cocoa prices surged to the highest in 46 years on the Intercontinental Exchange in London on Wednesday as bad weather in West Africa threatened...

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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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