Tag: IMF bailout

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Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit

Ghana's finance ministry said on Friday after meetings it held in China that it expected to secure financing assurances "very soon". Ghana secured a staff-level...

China backs Sri Lanka’s debt restructuring, paving way for $1.2 billion IMF bailout

The International Monetary Fund on Tuesday said Sri Lanka had secured financing assurances from China, India and all its major bilateral creditors, paving the...

The Magic Math of Ghana’s Debt Games

Regular readers of this page were puzzled when after weeks of projections by analysts of a final participation rate of between 60% and 65%...

What next after Ghana’s debt “exchange”?

Word on the streGet is that Ghana’s drama-filled debt restructuring/exchange program (“DDE”) saw between 60% and 65% of all eligible extant marketable government securities (simply,...

IMF and Ghana expected to reach staff-level agreement by Tuesday, say sources

The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the latest, said...

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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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