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

olumide-bamgbelu-Ciba8rvHYng-unsplash
Can Africa’s $2tn instant payments boom transform its digital economy?
Read More »
Langstrand, Namibia. Photo by Grant Durr @ Unsplash
Namibia holds rates at 6.50% as inflation steadies but producer costs surge
Read More »
Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Rwanda’s horticulture exports up 27% to give economy $54mn boost
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »
Ghana President John Mahama. Photo courtesy: Office of the President/Facebook
Ghana’s $1.1bn presidential jet plan reignites debate over cost and priorities
Read More »
Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »

Latest Posts

Latest news insights