Mozambique: Airport Company Urged to Renegotiate Debts

AIM

Mozambican Transport Minister Carlos Mesquita on Thursday urged the country's publicly owned airports company, ADM, to continue negotiations with its creditors in order to… Read more »

Zimbabwe: 'Sell Off Power Utility Debt At a Discount to Avert Total Collapse'

New Zimbabwe

As the Zimbabwe Electricity Supply Authority (ZESA)'s poor capacity to generate enough power challenge continues, Goromonzi North legislator Ozias Bvute has urged Energy Minister… Read more »

Zimbabwe: Finance Minister Ncube Ordered to Disclose Real Debt

Zimbabwe Independent

Parliament has given Finance minister Mthuli Ncube up to September 30 to disclose the terms and conditions of all public loans and loan guarantees that have not been published,… Read more »

Nigeria: Atiku Tackles Buhari Over Rising Nigeria Debt

Premium Times

Former Vice President Atiku Abubakar has decried Nigeria's debt burden, saying the country is spending more on debt servicing this year than its combined budget for education and… Read more »

Zimbabwe: Airline Sued Over U.S.$149 000 Debt

New Zimbabwe

FastJet Airlines Limited has been dragged to court over a US$149 000 debt by National Handling Services (Private) Limited. Read more »

Zimbabwe: Chinotimba Wins Debt Fight, Judge Chastises Chinese Firm

New Zimbabwe

A High Court judge has given Buhera South legislator, Joseph Chinotimba the green-light to attach a property belonging to Chinese owned firm, Sunny Zimbabwe International in order… Read more »

Ghana: McDan Rejects Judgement Debt Claims

Ghanaian Times

Management of the McDan Group of Companies has debunked assertions of receiving money from the government as judgement debt. Read more »

Zimbabwe: Chitungwiza Council Owes Harare $11m

The Herald

CHITUNGWIZA Municipality's debt to Harare City Council for its water supplies has ballooned to $11 million from about $5,2 million in the last four years. Read more »

Zimbabwe: New David Whitehead Investor Starts Clearing Legacy Debts

The Herald

Agri Value Chain Zimbabwe (AVCZ), the new shareholder in David Whitehead Textiles Limited (DW), has started working on clearing all legacy issues, including paying pre-judicial… Read more »

Malawi: Malawi Debt Hits K3.3 Trillion

Malawi News Agency

Latest report by Center for Social Concern (CFSC) shows that Malawi has a debt of about K3.3 trillion both locally and internationally. Read more »

Ethiopia: PM Remains Defiant Over Foreign Debt Stress

Reporter

The House of People's Representatives (HPR) ended its fourth year of the current parliamentary term by endorsing the proposed federal government's budget worth 386,954,965,289 birr… Read more »

Malawi: Govt Broke, Not Servicing Payments

Nyasa Times

Government of Malawi is unable to service its scheduled monthly payments of its service providers because it is facing financial constraints, senior official has told Nyasa Times. Read more »

Mozambique: Legal Actions on Secret Debt in Maputo and South African Court

Mozambique News Reports And Clippings

Officials in Mozambique who violated the law in contracting the secret debts may be sued, Deputy Attorney-General Angelo Matusse told journalists. (Lusa 10 July). The Budget… Read more »

Zimbabwe: Shambles Rock Govt Over Domestic Debt

Zimbabwe Independent

Government is guesstimating the real domestic debt figure despite announcing that it settled a significant portion of it last week as chaos continues to characterise official… Read more »

Congo-Brazzaville: IMF Approves Congo Bailout After China Debt Deal

East African

The International Monetary Fund's (IMF) executive board approved a bailout worth nearly $449 million for OPEC member Congo Republic on Thursday, potentially setting a precedent for… Read more »

Mozambique: Diogo Praises Constitutional Council Action Against Ematum Debt

Mozambique News Reports And Clippings

Former Prime Minister and Finance Minister Luisa Diogo on 10 July lauded the decision of the Constitutional Council to declare the first Ematum bond "null", and thus that legally… Read more »

Sudan: Agreement on rescheduling of Saudi debts

SNA

The Caretaker Undersecretary of the Ministry of Finance and Economic Planning Dr. Abdel-Moneim Mohamed Al-Tayib has signed with the Saudi Fund for Development (SDF) agreements to… Read more »

Nigeria: Nigeria's Public Debt Now N24.9trn - DMO

Vanguard

The nation's public debt stood at N24.947 trillion ($81.274 billion) at the end of March, this year, according to data released by the Debt Management Office, DMO, yesterday. Read more »

Nigeria: Nigeria's Debt Grows to N24.947tn in Q1

This Day

A marginal increase of N560.009 billion, representing 2.3 per cent rise in the first quarter (Q1) of 2019, has pushed Nigeria's total public debt, comprising the federal… Read more »

Nigeria: Atiku Decries Country's Debt Profile

Premium Times

The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has decried the "unsustainable debt" Nigeria has acquired under the President Muhammadu Buhari-led… Read more »

Nigeria: Nigeria's Total Debt Stock Rises to N24.9 Trillion in First Quarter of 2019

Premium Times

Nigeria's total public debt rose to N24.947 trillion as at March 31, from N24.387 trillion as at December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office… Read more »

Nigeria: DMO Puts Nigeria's Public Debt Stock At N24. 947 Trillion

Vanguard

The nation's public debt stood at N24. 947 trillion ($81.274 billion) at the end of March, this year. Read more »

Mauritius: Government to Bring the Public Sector Debt to GDP Ratio to 60% By End of June 2021 [press release]

Government of Mauritius

Government is firmly committed to bringing the public sector debt to Gross Domestic Product (GDP) ratio down to 60% by the end of June 2021. The strategy, to bring down the public… Read more »

Ghana: Government to Engage IPPS Over U.S.$ 700 Million Debt

Ghanaian Times

Power Distribution Service (PDS) has denied claims it has failed to pay to Independent Power Producers (IPPs) for power supplied since taking over the Electricity Company of Ghana… Read more »

Uganda: Is Uganda's Rising Public Debt Worth It?

East African

Uganda's public debt is projected to reach $18 billion --or more than 50 per cent of the country's GDP -- by the end of financial year 2022/23, according to economists, with… Read more »