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President John Dramani Mahama has announced that Ghana has fully repaid the $500 million World Bank guarantee, including interest, as of December 31, 2025. The repayment restores the facility in full and reinforces Ghana’s reputation as a credible and reliable partner on the global stage.
During the 2026 State of the Nation Address in Parliament on February 27, President Mahama stated, “As of December 31st, 2025, the government has fully repaid and restored the entire $500 million World Bank guarantee, including interest. This reinstates the facility in full and reaffirms Ghana’s standing as a credible and reliable partner globally.”
He highlighted this repayment as part of broader economic achievements, noting that Ghana has surpassed the $100 billion mark for the first time—a milestone that positions the country among Africa’s largest economies.
The President also praised the government’s success in stabilizing the national currency. The cedi appreciated by 40.7% against the US dollar, 30.9% against the British pound, and 24% against the Euro. “We did not just arrest currency instability; we strengthened the cedi to put up a good fight against other currencies,” Mahama said.
