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Tag Archives: energy sector bond

Investors upbeat about moves to clear energy sector debt                                                


Investors are optimistic government will be able to clear its huge energy sector debt within the next five years. They attribute this to the positive key indicators that are playing in the sector. This, however, comes at a time that majority of businesses are complaining about the high power charges in the country. President Akufo-Addo has also assured that government will ...

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Banks to be repaid from $ 2.4bn energy bond by end of August


Banks that are exposed to the energy sector debt should be receiving their due from the proceeds of the bond by the middle of this month [August]. It will follow the issuance of the 15 year energy bond to clear the 2.4 billion dollar debt, barring any last minute changes. According to the Managing Director of Cal Bank, Mr. Frank Adu ...

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Response to energy bond to determine investor confidence – Economist

Economist Dr. Lord Mensah

Economist, Dr. Lord Mensah has suggested that the response to government’s 15 year energy sector bond will determine the investor confidence in the Ghanaian economy. In his view, the interest to be charged by the investors would demonstrate the assurance that their investments will yield positive results. Government is currently seeking a transaction advisor for its energy bond to pay ...

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