Reflex Eco Group – Ghana news
by Akwasi Agyeman-Dua (Local journalist)
The economy of Ghana has suffered some challenges since the beginning of this year, resulting in slow growth.
Personal, private and government businesses have been severely affected. Fortunately a US$1 billion Eurobond floated by the government in July this year has been oversubscribed and the money is to be invested in infrastructural development.It is hoped that this will enable the government to settle its indebtedness to contractors and also embark on new projects.
The over-subscription of the Eurobond has demonstrated a renewal of confidence in Ghana’s economy.
- Ghana’s Eurobond yield reflects cost of fiscal imprudence – EIU (ghanabusinessnews.com)
- Ghana’s Power Sector Needs $4bn (reflexecogroupafrica.wordpress.com)
- Ghana May Hold Key Rate at 16% Awaiting Eurobond Proceeds – Bloomberg (bloomberg.com)
- Ghana’s Power Sector Needs $4bn (theinvesmentman.wordpress.com)
- Fitch rates Ghana’s Eurobond B+ (spyghana.com)
- Moody’s rates Ghana’s Eurobond B1 (ghanabusinessnews.com)
- Ghana’s Eurobond gets Fitch B+ rating (ghanabusinessnews.com)
- Report of Tuesday 09/07/13 (theinvesmentman.wordpress.com)
- $750 million 10-year Eurobond Sold (spyghana.com)
- Ghana Said to Plan 10-Year Eurobond Priced Above Nigeria – Bloomberg (bloomberg.com)