Fitch rates Ghana bond B+

Fitch Ratings said it has assigned Ghana's new dollar bond issue a B+ rating.

The rating is in line with Ghana's B+ long-term foreign currency issuer default rating, on which the outlook is negative.

According to the agency, Ghana's ratings are supported by its robust economic performance as well as a strong growth outlook. This will be boosted by rising oil production, as well as the wider benefits for the broader economy from the development of the oil sector.

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