Africa's leading gold producer, Ghana, has taken another step in its economic recovery after fully settling a $700 million Eurobond obligation ahead of schedule, reinforcing investor confidence as the country continues rebuilding from its 2022 debt crisis.
According to a statement issued by Ghana's Ministry of Finance, the payment, completed on July 2, comprised $525.2 million in principal and $174.8 million in interest, bringing Ghana's total repayments to Eurobond holders to $2.1 billion since January 2025 under its Eurobond Debt Exchange Programme.
The latest settlement marks another milestone in Ghana's recovery from one of Africa's worst sovereign debt crises, with total payments to Eurobond holders now reaching $2.1 billion since the programme began in January 2025
The ministry said the payment was made through the government's planned financing arrangements without placing undue pressure on the country's foreign exchange reserves, highlighting improving fiscal management and stronger macroeconomic stability.
A signal that Ghana's recovery is gaining momentum
