An insight into Alliance of Sahel States: economic challenges and future prospects

Rising debt defaults are placing growing pressure on businesses across the country, with unpaid loans and trade debts straining cash flow, weakening balance sheets and contributing to the collapse of some financial institutions, according to debt-recovery firm Rosik Consults Limited.

Government has entered the final phase of its external bonded debt restructuring following the successful exchange of all outstanding SADEREA Notes, the Ministry of Finance has announced.

The Ghana Cocoa Board (COCOBOD) has reintroduced a fully government-funded free fertiliser and agro-input distribution programme for cocoa farmers, expanding a broader reform agenda that combines production support with pricing, financing and governance changes aimed at reviving Ghana’s cocoa sector.

Global bulk material handling specialist Martin Engineering Africa has strengthened its presence in Ghana by appointing Aggrey & Associates as its exclusive distributor, a move aimed at expanding technical support and improving operational efficiency for the country’s mining and industrial sectors.