Saturday, 27 December

Government, Afreximbank resolve issues over US$750m facility

Business
Dr Casiel Ato Forson

The Government of Ghana, through the Ministry of Finance, and the African Export-Import Bank (Afreximbank) have announced the successful resolution of issues surrounding a US$750 million financing facility signed in 2022.

In a joint statement issued on Thursday, the two parties confirmed that all outstanding concerns related to the facility have been resolved to their mutual satisfaction, paving the way for continued cooperation.

According to the statement, the resolution enables both Ghana and Afreximbank to sustain their partnership in support of the country’s development agenda.

The Ministry of Finance and Afreximbank expressed optimism that the renewed collaboration will strengthen ongoing efforts to support economic recovery, infrastructure development and broader growth initiatives.

 

The statement was issued by the Public Relations Unit of the Ministry of Finance.

Source: Classfmonline.com/Cecil Mensah