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September 19
Sudan: World's Dams At Risk From Climate Change and Conflict - Report
Dabanga
When the Arbaat Dam, 38 kilometres northwest of Port Sudan, collapsed catastrophically in August, following the unusually heavy rains that have hit Sudan this year, it left a swath… Read more »
Namibia: PDMlls for Urgent Parliamentary Action to Protect Debt-Ridden Namibians
Namibian
Popular Democratic Movement (PDM) member of parliament Inna Hengari says the growing number of Namibians who are in debt and struggle to pay their loans is concerning. Read more »
Africa: Rising Debt in Sub-Saharan Africa Costing Lives - UNAIDS
UN News
The report details how this debt crisis is jeopardising progress aimed at ending AIDS in Sub-Saharan African countries, which account for a significant majority of people living… Read more »
September 17
Kenya: Kenya Could Run Out of Money to Repay Massive Debts - How to Avoid This [analysis]
The Conversation Africa
Data from Kenya's central bank show that public debt (total money owed) declined between December 2023 and June 2024. Read more »
Zimbabwe: 'Convert Farmers' Debt Into Medium Term Financing Facility'
The Herald
AMID the looming spectre of La Nina weather, the cereal sub-committee of drought action committee (DAC) has urged contractors and funders of the 2023/24 farming season to roll over… Read more »
September 11
Uganda: Uganda Debt Hits Shs 92 Trillion Amid Spending Concerns
Nile Post
Uganda's public debt has soared to an alarming Shs 92 trillion, raising significant concerns about the country's fiscal management and the value for money on government projects.… Read more »
Nigeria: NDPHC Plans Recovery of N180bn Debt, Strengthen Operational Capacity
Leadership
The Niger Delta Power Holding Company of Nigeria (NDPHC) is set to engage its debtors to recover about N180 billion debt even as constraints within the transmission and… Read more »
Mozambique: Mozambican Govt Will Face Challenges to Pay Domestic Debt
AIM
The Standard & Poor's (S&P) rating agency, based in New York and London, has warned that the Mozambican government will face challenges to pay its domestic debt, totalling… Read more »
September 10
Nigeria: New Ndphc Boss, Adighije, Visits Nerc, Says Firm to Embark On Debt Recovery Drive
This Day
·Declares company has largest generation capacity in power sector Read more »
September 09
Africa: New UNAIDS Report Shows That the Debt Crisis Is Choking Sub-Saharan Africa, Leaving Health and HIV Services Chronically Underfunded
UNAIDS
Growing public debt is choking sub-Saharan African countries, leaving them with little fiscal room to finance health and critical HIV services. A new report by UNAIDS, Domestic… Read more »
Uganda: How Ndere Fell Deep Into Shs10bn Debt
Nile Post
A few days ago, Quickway Auctioneers and Court Bailiffs listed for public auction, three properties including Ndere Cultural Centre, a well-known institution for cultural… Read more »
Nigeria: How FG Spent $2.78bn On Debt Servicing in First Seven Months of 2024
This Day
The federal government of Nigeria spent a total of $2.78 billion on debt servicing in the first seven months of 2024, data released by the Central Bank of Nigeria (CBN) has… Read more »
Uganda: Mbarara Market Vendors Hit Hard By Debt, Hawkers Undermining Struggling Traders.
Nile Post
Vendors in Mbarara Central Market are being forced to abandon their shops due to mounting financial pressures. Read more »
September 06
Kenya: Pending Bills Drop By Sh106.6bn As State Moves to Clear Debt
Capital FM
The National Government's pending bills dropped by Sh106.6 billion to Sh516.27 billion in the full year ending June 30, 2024, partly driven by the recent state's initiative to… Read more »
Liberia: Banjak Frozen Food in Court Over Us467k Unpaid Debt
Liberian Observer
MS Global Company (plaintiff) based in Manama, Kingdom of Bahrain, has filed a commercial lawsuit against Banjak Frozen Food (Defendant) at the Commercial Court in Monrovia,… Read more »
September 05
Africa: The Truth About Africa's 'Debt Crisis' [blog]
CFR
Africa has a governance crisis, not a debt crisis. Read more »
September 02
Liberia: Former Finance Minister Tweah Disputes 'False Debt Figures'
Liberian Observer
Samuel D. Tweah Jr., former Liberian Finance Minister, has come out strongly against recent claims regarding the country's debt levels, asserting that such claims are misleading… Read more »
Somalia: Somalia Celebrates Economic Gains Post-Debt Relief in Washington Meetings
Shabelle
Somalia's Minister of Finance, Bihi Iman Cige, concluded a series of productive meetings with top officials from the World Bank and the International Monetary Fund (IMF) in… Read more »
September 01
Nigeria: Revealed - How $6 Billion NNPC Debt Is Causing Petrol Supply Hiccups
Vanguard
·Credit trading not peculiar to us -- Spokesman Read more »
August 30
Liberia: How Much Debt Did Weah Accumulate During His Tenure?
Liberian Investigator
Deputy Minister of Finance and Development Planning, Dephue Zuo, during a press briefing this week, claimed that the administration of former President George Weah accumulated USD… Read more »
Kenya: Treasury Eyes Expert for Debt Management Role
Capital FM
Treasury is on the lookout for a new head to lead its Resource Mobilization Department, a key division tasked with managing the country's debt and coordinating financial relations… Read more »
August 29
Africa: China's Lending to Africa Increased in 2023, Study Shows
VOA
Chinese lending to Africa rose for the first time in years in 2023, new research by Boston University's Global Development Policy Center showed Thursday. But the $4.61 billion… Read more »
Djibouti: New CEO Vows to Revitalize Debt-Laden Ethio-Djibouti Railway Into a Profitable Entity in Three Years
Addis Standard
Takele Uma, the newly appointed CEO of the Ethiopia-Djibouti Railway S.C., has pledged to transform the company into a profitable entity within three years. Read more »
Liberia: Publishers Take Stand Against Govt's Overdue Debt to Media
Liberian Observer
In a bold move highlighting the ongoing financial neglect of the Liberian government towards the media industry, the Publishers Association of Liberia (PAL) has called on its… Read more »
Kenya: Kenya's New Finance Minister Has Surprising Numbers About Public Debt, Loans, Sugar Demand and VAT
Africa Check
Kenya's new finance minister has surprising numbers about public debt, loans, sugar demand and VAT Read more »
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