Search

Why Ghana is rejecting billions as investors chase debt

Busy street of Accra, Ghana. Photo by Kofi Bhavnani @ Unsplash
Busy street of Accra, Ghana. Photo by Kofi Bhavnani @ Unsplash
  • Investors offered GH¢11.2bn, nearly twice Ghana’s Treasury bill target
  • Government rejected most one-year bids as borrowing costs fell

 

ACCRA, GHANAGhana is turning away billions of cedis from investors clamouring for government debt, a striking reversal for a country still rebuilding credibility after its sovereign default.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
Read More »
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Who really governs Benin? Ex-president Talon still holds the keys
Read More »
Football fans on the street of Marrakesh, Morocco. Photo by Graddes @ Unsplash
Will Morocco’s $20bn World Cup gamble deliver growth?
Read More »

Latest Posts

Latest news insights