Ghana, US sign bilateral debt deal to restructure EXIM Bank obligations

The United States and Ghana have signed a bilateral debt agreement aimed at restructuring Ghana’s sovereign debt owed to the Export-Import Bank of the United States (EXIM Bank), according to the US Embassy in Ghana.

The agreement was signed on May 6, 2026, by Ghana’s Finance Minister, Dr Cassiel Ato Forson, and Rolf Olson, Chargé d’Affaires at the US Embassy in Ghana.

In a statement posted on social media, the US Embassy said the deal forms part of efforts to address Ghana’s external debt obligations and strengthen economic cooperation between the two countries.

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“The United States and Ghana signed a bilateral debt agreement on May 6 to restructure the sovereign debt Ghana owes to @EximBankUS,” the Embassy stated.

It added that timely repayment of U.S. debt is essential for continued economic engagement.

“Timely payment of U.S. debt is essential for us to do business in Ghana,” the statement said,

The US also called for progress on outstanding arrears owed to US companies and higher education institutions in the USA.

The agreement is expected to support Ghana’s broader debt restructuring programme and improve financial stability as the country works with international partners to address its debt challenges.

The United States and Ghana signed a bilateral debt agreement on May 6 to restructure the sovereign debt Ghana owes to @EximBankUS. Timely payment of U.S. debt is essential for us to do business in Ghana, and we urge progress on the outstanding arrears owed to U.S. companies… pic.twitter.com/2RZ8UUaICH

— U.S. Embassy Ghana (@USEmbassyGhana) May 6, 2026