AfDB AWARDS BEST AFRICAN FINANCE MINISTER TO GHANA

Ghana Finance Minister receives African Finance Minister of the year award.

At the annual meeting of the African Development Bank (AfDB) in Busan, South Korea, Ghana’s Finance Minister, Ken Ofori-Atta was named African Finance Minister of the year.

This award is in recognition of the recent positive performance of Ghana’s macro-economy under the watch of Mr. Ken Ofori-Atta. Also recognizing him as Africa’s most results-oriented Finance Minister, Ken Ofori-Atta boosted confidence and optimism in Ghana’s economy. Exhibiting prudent economic management skills while also hauling Ghana out of a deeply pessimistic economic outlook.

Recent bond issuance have shown the strength of investors confidence on Ghana’s economy. Registering over US$8bn in offers received. This is the first time a sub-Saharan country with a ‘B-’ has priced a sovereign bond at such levels. Ghana also raised US$2.0bn in 10-year and 30-year Eurobonds of US$1.0bn each.

This year marks the 12th edition of the Africa Banker Awards. It is in partnership with AfDB and also takes place during the continental bank’s Annual Meetings.