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...Ernest Addison, governor of the Bank of Ghana, told the Financial Times that a “zero financing” agreement was signed last week between the central bank and the ministry headed by Ken Ofori-Atta....
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...[Bank of Ghana] governor [Ernest] Addison and I finish Ghana’s application for the IMF’s rapid credit facility. However, Ghana and Africa desperately need fresh capital....
...Under its new governor, Ernest Addison, the central bank took decisive action. Two banks were closed outright and five others were folded into a single, state-managed entity, Consolidated Bank....
...Ernest Addison, new governor of the Bank of Ghana, says it should now at least be relatively stable and might move up....
...The firm poached special situations executives Ian Newton and Matthew Addison this month from London rival Cheyne Capital, another credit-focused hedge fund....
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