Ghana s Bondholders to Re-Engage Government Next Week on Debt Rework usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Ghana and its bondholders will restart talks next week to hash out a debt restructuring deal on $13 billion of international bonds, four sources told Reuters, on the heels of a deal finalised with official creditors earlier this week. Ghana, a gold and cocoa producer, defaulted on most of its $30 billion in external debt in 2022, weighed by the COVID-19 pandemic, the war in Ukraine and rapid global interest rate hikes that boosted borrowing costs. It had kicked off formal talks with two groups of bondholders in mid-March - a group of Western asset managers and hedge funds and another one including regional African banks.
Fostering Inclusive Growth: African Development Bank & Invest in Africa unveil MicroGREEN Project businessghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessghana.com Daily Mail and Mail on Sunday newspapers.
AfDB and Invest in Africa launch MicroGREEN project to empower marginalized Groups devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.