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The Ministry of Finance and the African Export-Import Bank (Afreximbank) have reached an agreement on matters related to Ghana’s US$750 million facility signed in 2022.
Finance Minister Cassiel Ato Forson announced the development in a social media post, stating that the issues surrounding the facility have been resolved to the satisfaction of both parties.
“The Government of the Republic of Ghana, acting through the Ministry of Finance, and the African Export-Import Bank (Afreximbank) are pleased to announce the successful resolution of the issues surrounding the US$750 million facility signed in 2022 to the satisfaction of both parties,” he wrote.
According to the minister, the outcome allows the Ministry of Finance and Afreximbank to maintain their working relationship going forward.
He added that the resolution is “enabling both parties to continue to partner for Ghana’s development agenda.”
The facility, which was signed in 2022, had been the subject of discussions between the government and the bank.
Forson’s statement indicates that those discussions have now concluded with an agreement acceptable to both sides.
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