Search

Ghana secures $360m World Bank backing ahead of eurobond payment

Breaking News
© Allen Dreyfus
  • Disbursement arrives days before $3bn coupon due July 3
  • IMF also expected to release $370m, lifting reserves above $11bn

Accra, Ghana – Ghana has secured $360 million in budget support from the World Bank ahead of a $3 Eurobond coupon payment due on July 3, the second such payment since last year’s $13 billion debt restructuring.

Recent Business

Sunset at an Industrial Shipping Port for trading. Photo @Pexels
China’s duty-free pivot in Kenya signals Africa trade realignment beyond AGOA
Read More »
The city of Alexandria, Alexandria Governorate, Egypt. Photo by Muhammed Fatih Beki @Pexels
Caught between war and inflation, Egypt pauses rate cuts as risks mount for growth
Read More »
Lagos, Nigeria. © Unsplash
Nigeria banks raise $3.3bn — now the growth gamble begins
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights