Tag: Ghana

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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...

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 intends to agree debt rework MoU with official creditors before November

Ghanaian authorities aim to agree a memorandum of understanding with official creditors before the first IMF programme review, which they expect to bring to...

African digital credit company M-Kopa signs $255 mln in new funding

African financing platform M-Kopa has signed a total of $255 million in new debt and equity from Standard Bank and Sumitomo Corporation among others...

Ghana expects first $600 million tranche from IMF after Wednesday meeting – minister

Ghana expects the International Monetary Fund (IMF) to approve a first loan tranche of $600 million as soon as Wednesday, paving the way for...

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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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