Ghana receives first $600 mln tranche of $3 bln IMF loan -Ghana's finance minister
The International Monetary Fund's executive board on Wednesday the $3 billion, three-year rescue loan, paving a potential path out of Ghana's worst economic crisis in a generation.
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IMF: Ghana targets $10.5 bln of external debt service relief 2023-2026Ghana's debt restructuring is targeting $10.5 billion of external debt service relief from 2023 to 2026, the International Monetary Fund said late on Wednesday in its Debt Sustainability Analysis.
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Ghana targets $10.5 billion of external debt-service relief in 2023-2026, IMF saysGhana is targeting $10.5 billion of external debt service relief from 2023-2026, the International Monetary Fund said, giving first indications of how big a hit investors might face in the coming debt overhaul.
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IMF urges improved fiscal consolidation to limit rising debt as currencies weakenSA has continued to see a worsening trend in its terms of trade over the past 12 months, adding to rand weakness
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Senegal: The conditions behind its $1.8bn IMF package - The Africa Report.comWith elections just nine months away, Senegal could use some help - MackySall is on the march for it. By yara_rizkk
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Mahama Stages a Comeback for 2024 Ghana Top JobFormer Ghanaian President John Dramani Mahama has revived his pursuit of Ghana's presidency. Mahama's party, the National Democratic Congress (NDC), last week endorsed him to lead it into Ghana's 2024 election. He scored over 98% of the votes during the NDC's presidential primaries. His longtime rival and current President, Nana Akufo-Addo, has served the maximum two teams in office, so won't be running in 2024 which could increase Mahama's chances of winning. Mahama quit his role as the African Union High Representative to Somalia, more than a week after Mogadishu rejected his deployment, citing bias. The ruling New Patriotic Party (NPP) is expected to pick its candidate in November. The front runners are Ghana's Vice President Dr. Mahammadu Bawumia, and former Trade Minister Alan Kyeremanteng. Whichever candidate gets the nod won't have it easy against Mahama, according to political analyst Ibrahim Alhassan. Election watchers like Alhassan said the upcoming presidential vote would also be keenly contested because no party in Ghana under the Fourth Republic -- 1992 to the present -- has ever won more than two consecutive terms. Both the NDC and the NPP have always lost power after eight years.
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