Search

Ghana Secures Eurobond Restructuring Deal Worth $13 Billion

Breaking News
© Allen Dreyfus
  • Eurobond holders agree to a 37% haircut on their loans
  • Agreement part of Ghana’s broader debt restructuring efforts under IMF program

 

Accra, Ghana – Ghana has reached an agreement in principle with the committee of its Eurobond holders to restructure Eurobonds worth $13 billion.

You need an active subscription to continue reading this article.

Recent Business

Elderly woman on a busy street. Photo by Ink Pond @ Unsplash
Nigeria’s pension assets hit record $17 billion amid reform success
Read More »
Giza, Egypt. Photo by Phillip Wang @ Unsplash
Egypt sees record $26.6bn remittance surge as reforms pay off
Read More »
Mozambique fisherwomen. Photo by Antonella Ragazzoni @ Unsplash
African Development Bank renews $2m drought insurance for Mozambique
Read More »

Recent Politics

Worsening floods, droughts as a result of climate change hit Africa. Photo by Matt Palmer @ Unsplash
Rwanda targets $12bn to tackle climate crisis and cut emissions by 53%
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
Read More »

Latest Posts

Latest news insights