Ghana

Ghana’s Eurobonds dropped after Finance Minister Cassiel Ato Forson warned that the country’s energy debt could double by 2027 unless “radical measures” were taken. The energy sector’s debt stood at USD 4.5 bln in 2024, with projections reaching USD 9 bln by 2027. Ghana is in talks with 60 international banks to restructure USD 2.7 bln in loans and may involve the private sector in energy distribution and revenue collection.