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Ghana is set to issue its fourth Eurobond of $1 billion at a coupon rate of 10.75 per cent, with a 15-year tenure. The principal will be repaid in three instalments of $333 million in 2028 and 2029, and $334 million in 2030. A…

The United Nations’ Special Rapporteur on torture Juan Méndez has observed that Ghana has not made sufficient progress in curbing torture and inhuman treatment of detainees, and has urged the government to increase its efforts in that…

A group calling itself the Media Consult Group has waded into the Agricultural Development Bank’s IPO saga, calling for the IGP and the Criminal Investigations Department, to investigate the leaked tape implicating Alexander Afenyo…

The International Monetary Fund (IMF) has downgraded its global economic growth forecast to 3.1 per cent and warned of rising debt levels in emerging economies, in a new report. Down from the global real GDP growth of 3.4 per cent last…

Ghana ranks 7th in Africa in the latest Ibrahim Index of African Governance (IIAG), but the Index notes that governance in the country has been deteriorating since 2011. Ghana has a score of 67.3 over 100 in the Index launched Monday…

The World Bank Group’s total commitments to sub-Sahara Africa for fiscal year 2015 (July 2014 to June 2015) amounted to about $15 billion. Commitments by the International Bank for Reconstruction and Development (IBRD) and the…

Twenty three women from Mankessim and New Tokunaso in the Tarkwa Nsuaem Municipality and Preastea Huni Valley District have completed a two-week training in employable skills sponsored by Anglogold Ashanti and its subsidiary Anglogold…

African leaders have identified better governance, better equity in sharing of resources, dialogue and commitment to political and economic regional integration, as cardinal ways to prevent conflict in the Great Lakes, the Horn and the…

The African Export-Import Bank (Afreximbank) and the Development Bank of Rwanda (BRD) have signed a $10 million Afreximbank line of credit agreement to support BRD in financing trade diversification and promoting value-added exports in…

Moody’s Investors Service says the restoration of Burkina Faso’s interim President Michel Kafando last week after an attempted coup, is a credit positive. After swift international action, backed by street protests which left a…