Omanghana
Ghana is expected to repay approximately US$6.4 billion in sovereign Eurobond principal between 2027 and 2030, according to the World Bank’s October 2026 Africa Economic Update, as reported by Citi Newsroom.
The projected maturities place Ghana alongside Nigeria, which faces the same amount, and behind South Africa’s US$11.8 billion. The figures cover principal falling due rather than total debt-service costs, which also include interest.
The repayment schedule highlights the financing demands that remain despite Ghana’s debt restructuring. The country completed its Eurobond exchange in October 2024, replacing defaulted securities with new instruments to ease immediate repayment pressures and support debt sustainability.
According to the report, substantial bond maturities across sub-Saharan Africa will continue to create refinancing challenges as governments prepare to meet obligations over the coming years.
Ghana’s outlook has nevertheless benefited from improved investor confidence. The World Bank reported that the country’s sovereign spreads fell from about 2,828 basis points in 2023 to 239 basis points by August 2026, indicating a sharp reduction in the additional return investors demanded to hold its debt.
The improvement followed debt restructuring, fiscal adjustment and Ghana’s reclassification to a moderate risk of debt distress.
With sizeable repayments still ahead, the focus now turns to maintaining fiscal discipline and managing financing needs without reversing the gains made during the restructuring process.
Source: Omanghana
