Ghana issued a debut Eurobond in late 2007 and was considering further market placements in late 2008. These were cancelled when Ghana’s market access was effectively closed as a result of the global crisis. With regard to privatization proceeds, the country experienced inward capital investments associated with divestitures in both 2007 and 2008. Given the increased risk aversion after the global financial crisis, further such revenues are not in near-term prospects.