Ghana failed to reach a deal with international bondholders to restructure $13 billion of debt, which hinders …
Ghana
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Africa NewsBanksFeatureFinancial InstitutionsMoney
Paris Club pushes Ethiopia’s IMF deal deadline to June
by Aya Anwarby Aya AnwarThe Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia’s deadline to secure a …
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Africa NewsFeature
Ghana to expedite discussions on debt restructuring – minister
by Aya Anwarby Aya AnwarGhana’s Finance Minister Mohammed Amin Adam expressed the government’s desire to expedite discussions on debt restructuring on …
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Vietnamese automaker VinFast is partnering with Ghana’s Jospong Group to distribute its electric vehicles (EVs) in West …
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Africa NewsBanksFeatureMoneyTech/AI
Africa’s sovereign bond rally continues unabated
by Aya Anwarby Aya AnwarAfrica’s sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like Ethiopia, Ghana, …
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Africa NewsBanksFeatureMoney
Africa’s debt to remain above pre-pandemic levels through ’25 – UN official
by Aya Anwarby Aya AnwarAfrica’s public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous …
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Africa NewsBanksFeatureMoney
Ghana to finalise external debt restructuring soon – President
by Aya Anwarby Aya AnwarPresident Nana Akufo-Addo expressed Ghana’s commitment to completing the external debt restructuring process as soon as possible.
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South African Gold Fields increased its forecast of the amount of gold to be produced in 2024 …
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FeatureIndustry & TradeTech/AI
Bayer to outsource 3rd party for business in Africa
by Aya Anwarby Aya AnwarGermany’s Bayer announced that it would hire a third party to distribute its pharmaceuticals in four African …