Ghana and France are set to sign a bilateral agreement to restructure Ghana’s sovereign debt, strengthening ties as the West African country pushes to stabilize its economy.
This deal comes as Ghana seeks debt relief under the G20 Common Framework and looks to ease repayment pressures. France has been a key partner in Ghana’s recovery, already offering sovereign loans in critical areas like maritime security and public health.
So far, French funding has helped improve coastal surveillance systems and upgrade disease response infrastructure. The new agreement will go further easing repayment terms, possibly reducing interest, and extending payment timelines.
Ghana’s Ministry of Finance called the deal “a vital boost to our economic recovery,” while the French Embassy reaffirmed its commitment to supporting Ghana’s development goals.
Set to be signed later this month in Accra, the agreement highlights France’s growing role in African economic partnerships. For Ghana, it adds crucial relief while boosting investor confidence and momentum for broader financial reforms.
With global markets still uncertain, the deal could also serve as a model for similar bilateral agreements across the continent.
