Ghana: Statement on the Payment of US$349.52 Million Eurobond Debt Service
Since the conclusion of Ghana's Eurobond debt restructuring in October 2024, the Government of Ghana has cumulatively serviced US$1,174.64 million in Eurobond debt payments as follows:
In October 2024, the government made an initial payment of US$475.60 million, covering obligations due under the restructuring agreement, including the first post-restructuring debt service.
In January 2025, the government paid US$349.52 million.
And now, in July 2025, a further US$349.52 million has been paid
This brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025.
Looking ahead to 2026, a total debt service of US$1,409.06 million is scheduled.
This timely payment reaffirms Ghana's commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors.
It is expected to:
Positively influence Ghana's credit ratings trajectory in the months ahead, as it demonstrates continued discipline in debt servicing post-restructuring.
Boost investor confidence in Ghana's sovereign credit profile and economic recovery programme.
Support foreign exchange market stability, as it has been incorporated into the Bank of Ghana's reserves and liquidity management strategy.
Distributed by APO Group on behalf of Ministry of Finance - Republic of Ghana.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
an hour ago
- Zawya
South Africa: Digital platforms are redefining the next frontier of retail
The retail landscape is undergoing a profound transformation. The traditional shopping experience — characterised by strolls down store aisles and the tactile engagement with products — is being augmented by sophisticated algorithms and digital platforms. This evolution is not merely about convenience; it's about redefining the very essence of shopping to meet the nuanced demands of the modern consumer. Today's consumers are not confined to a single shopping channel. They seamlessly navigate between online platforms, mobile applications, and physical stores, expecting a consistent and personalised experience across all touchpoints. This behaviour underscores the critical importance of an integrated strategy. Data from VML's Future Shopper 2024 report reveals that 64% of consumers prefer to shop with retailers that offer both physical and online stores, up from 60% in 2023. This preference underscores the importance for retailers to ensure that their digital and physical presences are not only robust but also seamlessly integrated. Digital acceleration and platform expansion Blake Raubenheimer, omnichannel executive at Spar. Image supplied Spar's commitment to meeting consumers where they are has led to significant digital advancements. Spar2U has experienced a 174% year-over-year surge in volume and is now operational across 580 sites. The integration with services like Uber Eats has further enhanced our ability to provide value and convenience, offering better margins for consumers and expanding our reach. The partnership with Uber Eats, launched in the first quarter of 2025, has already expanded to 130 stores, enabling us to reach new customers with no physical footprint expansion. The ability to enter previously underserved areas is being significantly enhanced, offering a compelling opportunity for future growth. Partnerships with local providers are the secret to unlocking this magic ingredient. One such partnership is with KasiD, a food delivery service which played a pivotal role in launching the Spar2U home delivery service in Tembisa. The relationship between Spar and KasiD will enable the roll-out of Spar2U services in several locations. Another partnership with Delivery Ka Speed in Pretoria saw the retailer expand its reach to Mamelodi and Hamanskraal. Spar will roll out partnerships with other local providers to offer Spar2U in townships nationwide. These results come as the transition from a cash-centric economy to a data-driven, on-demand marketplace empowers retailers to understand and anticipate consumer needs more accurately. By leveraging historical data, we can offer personalised recommendations, streamline the shopping experience, reach new areas where demand is high and foster deeper customer loyalty. Moreover, the influence of social media and online reviews has become a pivotal factor in purchasing decisions. Consumers increasingly rely on peer recommendations and expect retailers to be attuned to their preferences and behaviours. Aligning brand values with consumer expectations Modern consumers are not only brand-conscious but also value-driven. They expect brands to contribute positively to society and demonstrate a commitment to sustainability and community engagement. This shift requires retailers to align their operations and messaging with these values to build and maintain customer loyalty. Enhancing in-store experiences through technology While digital channels are essential, consumers are seeking time-saving enhancements and expect quick access to preferred products. Implementing technologies such as AI-driven inventory management and personalised in-store recommendations can significantly enhance the shopping experience. The integration of AI and automation in retail is not a distant future but a present reality. These technologies are redefining how consumers interact with products, from personalised shopping assistants to automated checkout processes. Embracing these innovations is crucial for retailers aiming to stay competitive and meet evolving consumer expectations. The imperative of omnichannel excellence As we navigate the complexities of modern retail, the convergence of digital and physical channels will continue to shape consumer behaviours. Retailers must invest in creating seamless, personalised, and value-driven experiences across all platforms. By doing so, we can meet the demands of today's consumers and anticipate and adapt to the needs of tomorrow's shoppers. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (

Zawya
an hour ago
- Zawya
FMDQ Group and Frontier Africa Reports (FAR) Sign Agreement to Launch Live Daily Broadcast of Frontier Africa Financial News Programming
FMDQ Group ( Africa's first vertically integrated financial market infrastructure group, operating through wholly-owned subsidiaries in the business of Exchange, Clearing and Depository has agreed to cooperate and support Frontier Africa Reports ( towards advancing the promotion of knowledge and information about African financial markets. The FMDQ Group and Frontier Africa Reports on Wednesday, June 3rd signed-off on their six-year relationship, that will enable the FAR organisation to broadcast pan-African financial and business news, and related programming, live from the in-house studio facilities of the FMDQ Group. Kaodi Ugoji, Group Chief Operating Officer, FMDQ Group says at the signing of the Memorandum of Understanding, that the group firmly believes in the ability and the experience of Frontier Africa Reports (FAR) team, led by its CEO Boason Omofaye, a veteran financial news broadcast journalist to manage, operate and utilize the broadcast facilities to deepen the knowledge of the African markets (equities, debt, currencies, derivatives, venture capital, commodities, etc.), increase investors awareness and, provide a platform of engagement and information for issuers as well as trading/dealing firms, among others. Boason Omofaye, Chief Executive Officer of Pure Language Communications Limited (the operator of Frontier Africa Reports) says, that the studio operations and technical support agreement with the FMDQ Group, provide a veritable platform to deliver expansive regular audio and video live programming of market news, analysis, updates, interviews, etc. Frontier Africa Reports will ensure that its productions leave no African economy, its markets, people and institutions behind. This aligns with the market integration objectives of the African Exchange Linkage Project (AELP), led by the African Securities Exchanges Association (ASEA) and supported by the African Development Bank Group (AfDB). Frontier Africa Reports (FAR) plans to flag-off its first market-focused programming, live from the FMDQ studios in mid-July, via its YouTube channel, which will also be available on its website and social media platforms. Other programming, including its Frontier Africa Radio (FAR) podcasts are due to follow. The FMDQ Group and Frontier Africa Reports have spent the past two years retooling and investing in the broadcast studios facility, which is located in Victoria Island, Lagos. Distributed by APO Group on behalf of Frontier Africa Reports. About FMDQ Group: FMDQ Group is Africa's first vertically integrated financial market infrastructure group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing¢ral counterparty, settlement, and risk management for financial market transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets., through its wholly owned subsidiaries - FMDQ Securities Exchange Limited, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. About Frontier Africa Reports: Frontier Africa Reports is a content development, as well as a production and broadcast organisation, that is focused on pan-African business, economic, investment and financial market news audio/video online programming, streaming across all digital platforms in Africa and around the world.


Zawya
an hour ago
- Zawya
Canopy by Hilton Cape Town Longkloof makes its debut in South Africa
Nestled in Cape Town's Longkloof neighbourhood, a historic district revitalised by Growthpoint Properties, which features a newly opened shopping centre, several office spaces, and a tech startup hub, the hotel perfectly reflects the spirit of the neighbourhood. 'South Africa saw nearly nine million visitors in 2024 and offers travellers beautiful tourist attractions, vibrant culture and outstanding dining. Hilton has enjoyed a presence in South Africa for more than three decades, and this new opening represents a significant milestone for us in a country where we continue to see great opportunity,' said Guy Hutchinson, president, Middle East & Africa, Hilton. 'We are delighted to debut Canopy by Hilton and look forward to welcoming guests to Cape Town to experience a locally inspired, and welcoming stay.' The 154-key property features Chef Bertus Basson's newest restaurant, Ongetem, a fitness centre, and thoughtfully designed public spaces that reflect the colourful spirit of the neighbourhood. First look The hotel's façade features distinctive red bricks, carefully preserved to reflect the history of the 112-year-old Longkloof neighbourhood. Image by Evan-Lee Courie To make the property feel like an extension of Longkloof, the hotel's public areas feature inspiring design, abundant natural lighting and buzzing energy – drawing in guests and locals alike. Image by Evan-Lee Courie The thoughtfully designed Canopy by Hilton Cape Town Longkloof hotel blends upscale comfort with the charm of Cape Town's rich cultural tapestry, featuring custom art pieces that reflect the neighbourhood's creative spirit, articulated in a Cape Malay colour palette, and inspired by fynbos, the ocean and nearby Bo-Kaap on different floors. Image by Evan-Lee Courie Image by Evan-Lee Courie Inside the hotel, the 154 guest rooms are spacious and modern, with each room featuring a signature canopy above the bed adorned with colourful South African prints. An eclectic mix of artisan-crafted furnishings and locally inspired design, including a curated collection of paintings from local artists, adorn the property. Image by Evan-Lee Courie Image by Evan-Lee Courie 'Introducing Canopy by Hilton to South Africa is a meaningful step for our brand. Cape Town's vibrant culture, creative energy and culinary richness align beautifully with our commitment to offering locally inspired stays,' said Jenna Hackett, global lifestyle category leader, Hilton. 'At Canopy Cape Town, guests will find thoughtful design, a strong connection to the neighborhood, and experiences that reflect the city's dynamic spirit, from the bold flavors of Ongetem to the curated art throughout the hotel. This opening represents our continued focus on growing in destinations that celebrate community, creativity, and a sense of place.' A culinary destination Ongetem, the hotel's signature restaurant and bar, brings a fearless energy to the city's dining scene. Led by acclaimed chef Bertus Basson, whose approach draws from South Africa's rich culinary heritage, the menu blends bold local flavours with a modern twist. Image by Evan-Lee Courie Ongetem – which translates to 'untamed' – is anchored by the guiding philosophy of 'Butcher, Baker, Cocktail Maker' and delivers a vibrant dining experience, from flame-grilled meats and fresh pastries to handcrafted cocktails infused with local botanicals. Designed as a gathering place for locals and guests alike, the space is set to earn its name in Cape Town's dynamic food culture, elevated by playful, design-forward interiors that celebrate community and craft. Located in the sought-after City Bowl area, Canopy by Hilton Cape Town Longkloof is a short 10-minute drive to the scenic Table Mountain. It is also 20 minutes away from Cape Town International Airport and 10 minutes from the Cape Town International Convention Centre and has easy access to the beaches of Camps Bay and Clifton, as well as to popular landmarks such as Signal Hill, the Museum Precinct and the V&A Waterfront. The property joins Hilton's seven hotels in South Africa, including Hilton Durban, DoubleTree by Hilton Cape Town - Upper Eastside and Hilton Garden Inn Umhlanga Arch as well as three hotels under development. Wouter de Vos, Growthpoint's Regional Head: Western Cape, adds that the hotel is the perfect complement to the mix of uses and tenancies in the Longkloof precinct. Wouter de Vos, Growthpoint's Regional Head: Western Cape at the official opening of Canopy by Hilton Cape Town Longkloof. Image by Evan-Lee Courie 'We are proud to welcome Canopy by Hilton to South Africa, which brings fresh, dynamic energy to the city's hospitality scene, and captures the character, culture and creative charm of its location.' Andreas Lackner, vice president of operations, Africa & Indian Ocean, Hilton, says, 'We are delighted to start welcoming guests to the much-anticipated Canopy by Hilton Cape Town Longkloof and are proud to be the centrepiece of the iconic precinct. We congratulate our partners at Growthpoint for completing the development of Longkloof, revitalising the historic precinct with this world-class hotel, an attractive public square and more. The neighbourhood is set to be a destination in its own right, and we are pleased to be at the heart of it.' All rights reserved. © 2022. Provided by SyndiGate Media Inc. (