Ghana’s Petrosol Bond Is 1.8 Times Oversubscribed as Bids Reach GH¢178m (US$15.9m)

An indigenous fuel retailer has become the test case for whether Ghana can borrow at home again, three years after the country defaulted on its debt.

PETROSOL Platinum Energy PLC, a leading ISO-certified indigenous oil marketing company, has received a historic vote of confidence by investors as its maiden GH₵100 million corporate bond has received 178% subscription.