Tag: Debt
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Tullow Oil Divests Gabon Assets in US$300 Million Debt Reduction Move
British oil explorer Tullow Oil has agreed to sell its entire Gabonese portfolio to Gabon Oil Company for $300 million, marking a strategic shift...
Zeepay Raises US$18 Million Debt to Strengthen Cross-Border Payments
Ghanaian fintech firm Zeepay has secured $18 million in senior secured debt funding to bolster its working capital and expand its mobile money and...
Ghana Tax Chief Appeals for Citizen Compliance to Rein in Debt, Fund Development
Ghana’s top tax official has issued a rallying cry for citizens to prioritize tax payments, framing compliance as critical to weaning the West African...
Ghana’s DVLA Grapples with Gh¢300 Million Debt as New CEO Pledges Turnaround
Ghana’s Driver and Vehicle Licensing Authority (DVLA) is confronting a financial crisis after newly appointed CEO Julius Neequaye Kotei revealed inheriting debts exceeding Gh¢300...
Zelensky Clarifies Ukraine-U.S. Minerals Deal Excludes Debt, Eyes Washington Visit
Ukrainian President Volodymyr Zelensky pushed back Wednesday against speculation over debt obligations tied to a newly finalized minerals partnership with the United States, stressing...
