Ghana's Jubilee House, bank note

Ghana draws corporates into financial pain zone ahead of hoped-for IMF deal


In depth
Issue 481 - 30 Mar 2023 - By Jon Marks | 4 minute read

President Nana Akufo-Addo’s cash-strapped government is mired in disputes with power producers, oil companies and other big investors, amid creditors’ concerns over its refinancing plans and a build-up of payment arrears. This is complicating the finalisation of an expected $3bn IMF facility and efforts to relaunch Ghana’s investment drive, write Jon Marks and AE staff.

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