Macroeconomic Governance • 25 Sep 2022 Ghana Faces “Hobson’s Choices” with Debt Restructuring [This short briefing note summarises IMANI’s preliminary findings from an analysis of potential sovereign debt restructuring in Ghana.] The government of Ghana is confronted with a series of Hobson’s choices regarding its current debt stock. These questions present some of the most formidable analytical challenges the Ghanaian government has ever... read more
Development Finance Governance • 20 Sep 2022 GNPC Risks $1.5 Billion Financial Loss to Ghana In a previous essay, we announced a joint investigation by IMANI Africa and the Africa Center for Energy Policy (ACEP), two Accra-based policy think tanks, into a case of possible fiscal recklessness on the part of Ghana’s national oil company, the GNPC. In our initial analysis, we explained how potential... read more
Development Finance Governance • 18 Sep 2022 GNPC Sells Ghana Short Again? On 27th July 2022, the newswires flashed an announcement by Genser Energy Holdings, a Ghanaian-founded energy company headquartered in the United States (Washington DC) and backed by the powerful Oppenheimer family of South Africa and several other funds and banks. The announcement concerned the successful closing of two loan facilities... read more
