News
Ghana signs debt restructuring agreement with Belgium
Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.
The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.
He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.
However, he indicated that the country is now recovering and witnessing a significant economic turnaround.
According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.
Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.
He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.
The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.
The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.
By: Jacob Aggrey
Miniser for Government Communications, Felix Kwakye Ofosu has revealed a major shake up at Ghana Grid Company Limited (GRIDCo) and the Electricity Company of Ghana (ECG) following recent power outages.
In a post on Facebook, Felix Kwakye Ofosu disclosed that Minister for Energy and Green Transition, John Jinapor has asked the CEO of GRIDCo to step aside pending investigations into fire incident at Akosombo power control center.
Also, he further noted that there has been a major shake up in the leadership of the ECG in the Ashanti Region.
“At 2pm tomorrow, Minister for Energy and Green Transition, Hon John Jinapor, will hold a major briefing on recent developments in electricity distribution,” he concluded.
By Edem Mensah-Tsotorme
News
Abu Trica’s extradition case: Prophets, fetish priests demand pay for spiritual solution …Lawyer reveals
Mr Oliver Barker-Vormawor, a lawyer for embattled Frederick Kumi, affectionately called Abu Trica and has made a shocking revelation over the behaviour of some members of the clergy.
According to him in a post on social media, the difficult part of Abu Trica’s trial is not the law but the number of ‘Men of God’ and fetish priests demanding financial sacrifices to help resolve the matter spiritually.
Oliver Barker-Vormawor posted on Tuesday, April 22, 2026, “The most difficult part about the Abu Trica case; is not the law.”
He continued: “It is the number of, prophetesses, evangelists and fetish priests, who have called or messaged to ask us to pay for spiritual solutions.”
It would be recalled that in March this year, the Gbese District Court dismissed a preliminary objection filed by Abu Trica, challenging the extradition proceedings initiated at the request of the United States.
The court, presided over by Anna Akosua Appiah Gottfried Anaafi Gyasi, in its ruling held that the offences forming the basis of the extradition, particularly wire fraud, constitute extraditable offences under the 1931 treaty between Ghana and the United States.
He was then given 15 days counting from March 27 to appeal the decision of the court or be surrendered for extradition to the US.
Against this backdrop, he was on Tuesday, April 22, granted a bail in the sum of GH¢30,000,000 by an Accra High, pending the appeal of his extradition
Mr Kumi was arrested in Ghana in December 2025 following an indictment by United States authorities, alleging that he played a role in a romance scam network that defrauded elderly American victims of more than $8 million.
By Edem Mensah-Tsotorme
