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Thirst for African Eurobonds belies higher credit risk

Location:

AFRICA

African Eurobond push

Ghana borrowings may prompt eventual return to the IMF

Location:

GHANA

The Bank of Ghana (BoG) has bought up unprecedented levels of treasury bonds but now wants to scale back its role. Finance Minister Ken Ofori-Atta is looking to international…

G20 framework promises to ease Africa’s debt woes

Location:

AFRICA

Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…

African indebtedness is critical but still reversible

Location:

AFRICA

African debt crisis?

Ghana's repayment moratorium may complicate debt talks

Location:

GHANA

The decision applies to Ghana’s Eurobonds, commercial term loans and most of its bilateral debt. It does not apply to multilateral debt. The government, which reached a…

Ghana debt crisis will undermine government

Location:

GHANA

The currency has fallen nearly 40% against the dollar since January, making it the world’s second worst-performing currency after the Sri Lankan rupee. This reflects a range of…

Ghana faces potential obstacles in debt talks

Location:

GHANA

This follows a January agreement with official creditors, who are owed approximately USD5.4bn. That allowed the country to receive the second disbursement of USD600mn from the IMF…

Ghana's IMF bailout to persist despite souring ties

Location:

GHANA

Earlier this month, the government passed a bill allowing for central bank financing of the budget deficit, contravening a core requirement in its agreement with the Fund. Earlier…

Ghana's government will struggle to satisfy voters

Location:

GHANA

The Ghanaian government's challenges

Ghanaian government will make renewed oil and gas push

Location:

GHANA

Ghana oil and gas update.