Ghana reached a major milestone on October 4, 2017 after using US$200 million of its oil and gas resources from a Sinking Fund account as well as proceeds from previous Bond issues to “buyback” or redeem the last instalment of the 10-year Sovereign Bond issued in 2007.
South Africa has issued a pair of dollar bonds in overseas capital markets worth $2.5 billion to help finance its foreign currency commitments, National Treasury said on Wednesday.
Rwanda will sell a five-year Treasury bond worth 10 billion francs ($12.12 million) this month to fund infrastructure projects, the central bank said on its website.
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
