The country has suspended payments on its Eurobond, commercial term loans, and on most of its bilateral debt, a week after a U.S. $3 billion agreement with the International ... Read more »
The government has formally launched Ghana's Domestic Exchange Programme as part of measures to restructure and bring the country's debt portfolio to sustainable levels, with a ... Read more »
Some lawmakers are demanding to see more documents from a U.S.$5 billion loan agreement with a Chinese bank that financed a cross-country rail line. The 2011 agreement was sh Read more »
Governments and international financial institutions must adopt new ways of providing post-pandemic support, say campaigners after a report found that in many Read more »
The African Development Bank (AfDB), the Islamic Development Bank (IsDB), and the French Development Agency (FDA) are set to invest U.S.$618 million in the Digital and ... Read more »
Uganda's public debt stock had increased by 22%, according to the parliamentary committee report on the national economy and the state of indebtedness, grants, and guarantees. ... Read more »
AllAfrica's Nontobeko Mlambo spoke to the International Monetary Fund's Deputy Managing Director Antoinette Sayeh who recently attended a high level conference co-organised with ... Read more »
A Federal High Court in Lagos has declined to vacate an ex-parte order stopping retail store Shoprite-Checkers from relocating from Nigeria over an alleged U.S.$47 million de Read more »
The government is set to borrow U.S.$2.6 billion in a bid to finance its S.$12.8 billion 2022/2023 budget, the National Budget Framework Paper indicates. Under the theme 'Full ... Read more »
Chinese banks provided more loans to fund developmental projects in sub-Saharan Africa than some of the world's greatest economies combined from 2007 to 2020, acco Read more »
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