Minister of Finance, Dr Cassiel Ato Forson
The Government of Ghana, through the Ministry of Finance, and the African Export-Import Bank (Afreximbank) have announced the successful resolution of issues surrounding the US$750 million financing facility signed in 2022.
The announcement was made by the Minister of Finance, Dr Cassiel Ato Forson, in a post on his official X account on December 25, 2025.
According to him, the resolution was reached to the satisfaction of both parties, paving the way for continued collaboration in support of Ghana’s development agenda.
“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, enabling both parties to continue to partner for Ghana’s development agenda,” the post read.
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The US$750 million loan facility, signed back in 2022, was intended to support Ghana’s balance of payments, trade finance needs, and broader economic recovery efforts during a period of fiscal strain and foreign exchange challenges.
However, the facility became the subject of public debate and scrutiny amid Ghana’s debt restructuring programme under the International Monetary Fund (IMF)-supported Extended Credit Facility (ECF).
Questions were also raised about the terms of the agreement, its classification within Ghana’s debt sustainability framework, and its implications for the country’s external debt obligations.
As a result, negotiations ensued between the Government of Ghana and Afreximbank, aimed at addressing these concerns while preserving Ghana’s relationship with the continental trade finance institution.
The successful resolution has now cleared a major hurdle in Ghana’s engagement with development finance partners. It also reinforces the government’s commitment to transparent debt management and international cooperation.
Meanwhile, the Ministry of Finance is expected to provide further details on the terms of the resolution and how it aligns with Ghana’s broader economic and fiscal recovery strategy.
Ministry of finance, Ghana and Afreximbank announce successful resolution of $750million facility
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… pic.twitter.com/hxvZ8NuEhs
— Cassiel Ato Forson (PhD) (@Cassielforson) December 25, 2025
MA
