Ghana gets $2.8bn debt relief from formalising debt restructuring

Ghana has recently secured a significant $2.8 billion debt relief through formalizing the debt restructuring process with its official creditors. With all participating countries signing the memorandum of understanding, Ghana’s path to recovery and fiscal consolidation has been set. Richmond Frimpong, Advisory Board Chair at FLF Africa, highlighted the importance of this development as it…

Rettenmeier Holding Acquires Large Share of Insolvent Ziegler Group’s Operations

Wood Markets News Rettenmeier Holding Acquires Large Share of Insolvent Ziegler Group’s Operations International Markets Posted on February 3, 2025 The timber group Rettenmeier Holding AG has acquired the sawmill and other significant parts of the wood processing division of the Ziegler Group, its insolvency administrator announced on Friday, BR24 reported (1-31-25). Specifically, Rettenmeier will…