{"id":456602,"date":"2025-12-28T15:40:52","date_gmt":"2025-12-28T15:40:52","guid":{"rendered":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/"},"modified":"2025-12-28T15:40:52","modified_gmt":"2025-12-28T15:40:52","slug":"government-afreximbank-resolve-issues-over-us750-million-facility","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/","title":{"rendered":"Government, Afreximbank resolve issues over US$750 million facility"},"content":{"rendered":"

<\/p>\n

\n

\"Dr Dr Cassiel Ato Forson is the Minister of Finance<\/span><\/span><\/p>\n<\/div>\n

\n

The government and African Export-Import Bank (Afreximbank) have resolved all outstanding issues surrounding a US$750 million facility signed in 2022, ending months of negotiations and clearing a key hurdle in the country\u2019s debt resolution efforts.<\/p>\n

In a joint statement issued Thursday, December 25, the Ministry of Finance and Afreximbank said the matter had been closed \u201cto the satisfaction of both parties,\u201d allowing cooperation to continue on future development programmes.<\/p>\n

The settlement signals improving creditor relations as Ghana works to steady its debt position under an IMF programme.<\/p>\n

The loan was approved by Parliament on July 20, 2022, at a time Ghana had lost access to the international bond market following credit rating downgrades.<\/p>\n

Disbursement followed in August 2022 after conditions were met, structured in three tranches \u2014 US$187 million, \u20ac193 million and US$332 million \u2014 and carried a three-year grace period. The first two tranches had a seven-year tenor, while the final tranche extended to ten years.<\/p>\n

The funds supported balance of payments needs, budget financing, trade flows and infrastructure spending at the peak of Ghana\u2019s economic liquidity strain. But tensions surfaced after the government included the Afreximbank loan in its commercial debt restructuring.<\/p>\n

The bank pushed back, arguing that its facility should receive treatment similar to other preferred multilateral obligations.<\/p>\n

Talks stretched for months, drawing public scrutiny amid ongoing negotiations with Eurobond holders and bilateral creditors. Analysts viewed Afreximbank\u2019s stance as a test case for how non-traditional lenders would be treated in debt workouts across Africa.<\/p>\n

The Ministry of Finance said the resolution was an important milestone as the country rebuilds external confidence.<\/p>\n

\u201cWe are pleased that this matter has been resolved amicably, allowing us to move forward in our shared objective of supporting Ghana\u2019s development,\u201d it noted, stressing that the relationship with Afreximbank remains strategic.<\/p>\n

Afreximbank echoed the sentiment, saying the agreement reflects commitment from both sides to maintain long-term cooperation.<\/p>\n

\u201cThis outcome allows us to focus on ongoing and future interventions that will aid Ghana\u2019s recovery and growth,\u201d the bank said in the statement.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Dr Cassiel Ato Forson is the Minister of Finance The government and African Export-Import Bank (Afreximbank) have resolved all outstanding issues surrounding a US$750 million facility signed in 2022, ending months of negotiations and clearing a key hurdle in the country\u2019s debt resolution efforts. In a joint statement issued Thursday, December 25, the Ministry of […]<\/p>\n","protected":false},"author":1,"featured_media":456603,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-456602","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\nGovernment, Afreximbank resolve issues over US$750 million facility - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government, Afreximbank resolve issues over US$750 million facility - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Dr Cassiel Ato Forson is the Minister of Finance The government and African Export-Import Bank (Afreximbank) have resolved all outstanding issues surrounding a US$750 million facility signed in 2022, ending months of negotiations and clearing a key hurdle in the country\u2019s debt resolution efforts. In a joint statement issued Thursday, December 25, the Ministry of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-28T15:40:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2025\/wp-content\/uploads\/https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/946\/94654476.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/#\\\/schema\\\/person\\\/19f97c9b96bb4eec1ec652714cfea7e6\"},\"headline\":\"Government, Afreximbank resolve issues over US$750 million facility\",\"datePublished\":\"2025-12-28T15:40:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/\"},\"wordCount\":351,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/wp-content\\\/uploads\\\/https:\\\/\\\/cdn.ghanaweb.com\\\/imagelib\\\/pics\\\/946\\\/94654476.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/\",\"name\":\"Government, Afreximbank resolve issues over US$750 million facility - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/wp-content\\\/uploads\\\/https:\\\/\\\/cdn.ghanaweb.com\\\/imagelib\\\/pics\\\/946\\\/94654476.jpg\",\"datePublished\":\"2025-12-28T15:40:52+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/#\\\/schema\\\/person\\\/19f97c9b96bb4eec1ec652714cfea7e6\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/wp-content\\\/uploads\\\/https:\\\/\\\/cdn.ghanaweb.com\\\/imagelib\\\/pics\\\/946\\\/94654476.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/wp-content\\\/uploads\\\/https:\\\/\\\/cdn.ghanaweb.com\\\/imagelib\\\/pics\\\/946\\\/94654476.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/12\\\/28\\\/government-afreximbank-resolve-issues-over-us750-million-facility\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government, Afreximbank resolve issues over US$750 million facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/#\\\/schema\\\/person\\\/19f97c9b96bb4eec1ec652714cfea7e6\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2025\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Government, Afreximbank resolve issues over US$750 million facility - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/","og_locale":"en_US","og_type":"article","og_title":"Government, Afreximbank resolve issues over US$750 million facility - Ghanamma.com","og_description":"Dr Cassiel Ato Forson is the Minister of Finance The government and African Export-Import Bank (Afreximbank) have resolved all outstanding issues surrounding a US$750 million facility signed in 2022, ending months of negotiations and clearing a key hurdle in the country\u2019s debt resolution efforts. In a joint statement issued Thursday, December 25, the Ministry of […]","og_url":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/","og_site_name":"Ghanamma.com","article_published_time":"2025-12-28T15:40:52+00:00","og_image":[{"url":"https:\/\/www.ghanamma.com\/2025\/wp-content\/uploads\/https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/946\/94654476.jpg","width":1,"height":1,"type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2025\/#\/schema\/person\/19f97c9b96bb4eec1ec652714cfea7e6"},"headline":"Government, Afreximbank resolve issues over US$750 million facility","datePublished":"2025-12-28T15:40:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/"},"wordCount":351,"image":{"@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2025\/wp-content\/uploads\/https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/946\/94654476.jpg","articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/","url":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/","name":"Government, Afreximbank resolve issues over US$750 million facility - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2025\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2025\/wp-content\/uploads\/https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/946\/94654476.jpg","datePublished":"2025-12-28T15:40:52+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2025\/#\/schema\/person\/19f97c9b96bb4eec1ec652714cfea7e6"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2025\/wp-content\/uploads\/https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/946\/94654476.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2025\/wp-content\/uploads\/https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/946\/94654476.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2025\/12\/28\/government-afreximbank-resolve-issues-over-us750-million-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2025\/"},{"@type":"ListItem","position":2,"name":"Government, Afreximbank resolve issues over US$750 million facility"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2025\/#website","url":"https:\/\/www.ghanamma.com\/2025\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2025\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2025\/#\/schema\/person\/19f97c9b96bb4eec1ec652714cfea7e6","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com"],"url":"https:\/\/www.ghanamma.com\/2025\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/posts\/456602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/comments?post=456602"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/posts\/456602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/media\/456603"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/media?parent=456602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/categories?post=456602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2025\/wp-json\/wp\/v2\/tags?post=456602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}