Ken Ofori-Atta wins 2018 Africa’s most results-oriented Finance Minister 

Ghana’s Finance Minister, Ken Ofori-Atta, has been voted best Finance Minister in 2018, after just 16 months on the job. 

This was at the AfDB Annual Meetings in Busan, South Korea.

The award follows Ghana’s recent macro-economic performance.

Recognised as Africa’s most results-oriented Finance Minister, Ken Ofori-Atta’s prudent economic management has boosted confidence and optimism in Ghana’s economy - hauling it out of a deeply pessimistic economic outlook from a little over a year ago.

Investor confidence in Ghana has been bolstered with the country’s strong showing in its recent bond issuance, which raised US$ 2.0bn in 10-year and 30-year Eurobonds of $1.0bn each. 

The bond was four times over-subscribed, registering over US$8bn in offers received. 

This is the first time a sub-Saharan country with a ‘B-’ has priced a sovereign bond at such levels.

This year’s Africa Banker Awards marks the event’s 12th edition. 

It is organised in partnership with the African Development Bank (AfDB) and takes place during the continental bank’s Annual Meetings.

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