archiveGhana

in Short

Ghana: MOU with ATI to improve affordable power generation

African Trade Insurance Agency (ATI), a Nairobi-based pan-African provider of investment and credit risk solutions, has signed a memorandum of understanding with the government of Ghana for the deployment of the Regional Liquidity Support Facility (RLSF). This initiative is part of the country's mission to promote access to reliable, clean,...
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Ghana:S&P Global Ratings has downgraded the country’s foreign and local currency sovereign ratings to junk from B-/B to CCC+/C with negative outlook

Credit ratings agency, S&P Global Ratings has downgraded Ghana’s debt further into speculative territory, lowering the country’s foreign and local currency sovereign ratings to junk from B-/B to CCC+/C with negative outlook. In February Moody’s downgraded Ghana to Caa1 with a stable outlook. According to S&P Ghana’s outlook is negative,...
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Ghana : to start talks with IMF

A delegation from the International Monetary Fund (IMF) is scheduled to arrive in Accra to start talks with Ghanaian government representatives over an economic support package. Ghana, one of West Africa's largest economies, it would hold formal talks with the IMF after hundreds of people took to the streets to...
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Ghana: Government to compel banks to lend to farmers

Dr Owusu Afriyie Akoto, Minister for Food and Agriculture has hinted at the passage of a bill which would compel commercial banks in the country to award a significant percentage of their loan facilities to agricultural players. According to Dr. Owusu Afriyie Akoto, he’s resorting to this drastic measure in...
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