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.