Search

Ghana’s Finance Ministry Eyes March Deadline for Debt Restructuring Amid Leadership Shift

Allen dreyfus Logo
© Allen Dreyfus
  • Ghana remains on track to secure a debt restructuring agreement by March 2024, despite a change in finance ministry leadership.
  • Key agreements include protections for new bonds and plans for accrued interests, setting the stage for economic recovery under new leadership.

 

Despite recent changes at the helm of Ghana’s finance ministry, the country is on track to finalize a debt restructuring agreement with commercial creditors by the end of March 2024. A ministry insider disclosed yesterday that progress continues in the debt talks, and the appointment of Dr. Amin Adam as successor to Ken Ofori-Atta is not expected to disrupt the planned timelines.

Recent Business

An iron ore on display. Photo by Malcoln Oliveira @ Pexels
Heraeus and Sibanye-Stillwater’s palladium push is set to reshape global metals markets
Read More »
Fresh produce on display at an African market. Photo by El'bataky @ Pexels
Fast growth, thin margins: Why Ethiopia’s 8% economic outlook remains fragile
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Why Dangote’s planned cross-border listing is a test for Africa's capital markets
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights