Tag: Ghana

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World Bank Chief Economist Gill calls for new approaches to address ‘debt crisis’

World Bank Chief Economist Indermit Gill is calling for new approaches to address the mounting debt crisis facing many countries, including steps to factor...

Ghana’s economy grew 3.1% in 2022, 3.7% in fourth quarter, statistics office says

Ghana's economy grew 3.1% year-on-year in 2022, compared with a growth rate of 5.1% the previous year, the country's statistics agency said on Wednesday. The...

Debtors, creditors agree steps to jumpstart debt restructurings

Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, including through improved data...

Yellen to push for ‘speedy’ action on debt relief for Zambia, Ghana

U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts,...

West African countries struggle to raise funds from regional debt market

West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher...

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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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