Ghana is set to launch its inaugural domestic infrastructure bond, seeking to mobilize 10 billion cedis, or roughly 935 million US dollars, to finance long-term road and interchange projects, Bloomberg reported.

The issuance represents a strategic shift toward using the domestic capital market for targeted infrastructure financing. Officials aim to strengthen local markets while securing funding for critical transport projects.

Sources familiar with the plans said the bond will likely be issued in two tranches of 5 billion cedis each, scheduled for the first and second halves of the year. The infrastructure bonds are expected to offer longer maturities than Ghana’s typical domestic debt instruments.

Details of the bond and other domestic debt offerings for 2026 are expected to be outlined in an official issuance calendar, which will be published later this month, the sources added. They requested anonymity due to the private nature of discussions.