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.

Recent Business

Handweaving cotton textiles by Wawoto Kacel. Photo Chris Lutanga & ITC @ Unsplash
US revives Africa trade scheme with one-year AGOA extension
Read More »
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Ghana inflation drops to 3.8%, opening door to growth-focused policy
Read More »
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Zambia targets 3,000MW coal push in $11bn energy drive to power copper boom
Read More »

Recent Politics

Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »

Latest Posts

Latest news insights