Tag: International Market
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Africa’s reliance on foreign capital markets risky – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has highlighted the risks and costs associated with African nations relying on foreign capital markets. In his keynote address at the 30th AGM of the African Export and Import Bank (Afreximbank), President Akufo-Addo said it is important for Africans to build their indigenous financial institutions in order to achieve economic…
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Ghana will soon return to international market to borrow – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has revealed plans to return to the International market to borrow to fund infrastructural projects following the successful completion of Ghana’s $3 billion deal with the International Monetary Fund. Speaking at the Qatar-Africa Economic Forum in Doha, Mr. AKufo-Addo said even though his government is in no rush to return…
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IMF deal: Ghana will return to international capital market soon – Govt
The government is optimistic that Ghana will be able to return to the international capital market as soon as possible. Ghana is on the verge of securing a US$ 3 billion IMF bailout to help with the country’s balance of payment problems, with the first tranche of US$600m expected to be authorized by Wednesday and…