Ghana's sovereign dollar bonds dropped nearly 3 cents in the dollar on Tuesday, following the government's presentation of debt rework scenarios to investors that included a haircut of between 30-40% on the principal.
Longer-dated bonds sustained the biggest losses, with the 2061 down as much as 2.9 cents in the dollar to 38.9 cents, its lowest level since mid-July, Tradeweb data showed.
Global climate challenges should be addressed fairly to accommodate Africa as the continent contributes the smallest share to green house gas emissions globally, OPEC Secretary General Haitham Al Ghais said on Tuesday.
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