Ghana: Government Gets U.S.$ 42.62 Million Chinese Grant

Ghanaian Times

The Chinese government has offered Ghana a grant of $42.62 million for the implementation of economic and technical projects. Read more »

Namibia: Landless People's Movement Promises to Write Off Pensioners' Debt

Namibian

The Landless People's Movement (LPM) candidate for the Keetmanshoop Urban constituency Maxie Minnaar has kicked off her campaign with the promise to write off all accumulated debts… Read more »

Malawi: World Bank Tips Malawi On Domestic Debt Control, Job Creation

Nyasa Times

The World Bank says the Malawi Government has potential to move towards creating the conditions for the private sector to increase investment if it can better control domestic debt… Read more »

Liberia: IMF Approves U.S.$213.6 Million Extended Credit

Observer

Focus: to restore macroeconomic stability, setup fiscally sustainable growth path and strengthen governance and institutions of the public sector Read more »

Somalia: U.S. Bureaucratic Blunder Could Cost Somalia Desperately Needed Debt Relief

Dalsan Radio

An international push to secure sorely needed debt relief for Somalia may be derailed because of a bureaucratic blunder in Washington, undercutting long-standing efforts to… Read more »

Liberia: IMF Oks U.S.$213.6 Million External Credit Facility Arrangement for Liberia

FrontPageAfrica

The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under the Extended Credit Facility (ECF) for Liberia in an amount equivalent to… Read more »

Gambia: AFD Grants €2 Million Budget Support to Gambia

The Point

The French Development Agency (AFD) and the government of The Gambia have signed a financing agreement formalising a 2 million euro budget support to The Gambia. Read more »

Nigeria: Buhari's Foreign Loans - Matters Arising [opinion]

Vanguard

President Muhammadu Buhari sought for legislative approval for external loans during the eighth Senate but was turned down. Amongst them was US$29.96billion loan which, according… Read more »

Nigeria: DMO Clarifies Nigeria's External Debt

Vanguard

The Debt Management Office (DMO) says the public debt stock of the country is a cumulative figure of borrowings by successive governments over many years. Read more »

Nigeria: External Borrowing Plan for $22.7bn, Not $29.9bn - DMO

Vanguard

The Debt management office (DMO) has clarified that the External Borrowing Plan for which the Federal government is seeking National Assembly approval stands at $22.7 billion and… Read more »

Nigeria: Why We Can't Stop Borrowing, Fashola, Saraki, Zainab Tell Reps

Daily Trust

The ministers of Finance, Mrs. Zainab Ahmed; Works and Housing, Babatunde Fashola; Minister of State for Transport, Gbemisola Saraki as well as the Director-General, Debt… Read more »

Kenya: MPs, Analysts Blame Treasury for Kenya's Rising Debt

East African

Even as Kenya's National Treasury agonises over a workable formula to tackle its debt, parliament and analysts are accusing it of fiscal indiscipline and likening the setting of… Read more »

Nigeria: Sliding Into Another Debt Trap? [opinion]

This Day

The rise in our national debt has continued to become a matter of great concern. Since the inception of this administration, it has been reaching to both domestic and foreign… Read more »

Nigeria: Buhari's $30bn Loan Request - Stakeholders Caution Govt, NASS

Vanguard

With Nigeria's debt stock growing by 3.11 per cent from $81.27 billion recorded in the first quarter of 2019 to $83.88 billion (N25.70 trillion) at the end of June 2019, economists… Read more »

Zimbabwe: Reprieve for Water-Less Redcliff As Govt Finally Settles Debt

New Zimbabwe

Redcliff mayor Clayton Masiyatsva is upbeat the recent $7 million debt settlement to the local authority by government will go a long way in alleviating the plight of residents in… Read more »

Uganda: Govt Move to Borrow Extra Over U.S.$540 Billion Stirs Mixed Reactions

Independent (Kampala)

A government move to borrow 2.4 trillion shillings from Stanbic Bank and Trade and Development Bank to plug the budget deficit, has evoked mixed feelings from economists and… Read more »

Zimbabwe: Government Starts Servicing Ziscosteel Debt

The Herald

Redcliff Municipality has received $7 million from Treasury as part payment of a $14 million debt owed to the local authority by Government, which it assumed from ZiscoSteel. Read more »

Zimbabwe: Treasury Pays Part of Zisco Debt

The Herald

REDCLIFF Municipality has received $7 million from Treasury as part of the repayment of a $14 million debt accrued by the now defunct Ziscosteel. Read more »

Nigeria: Oil Debt Recovery - a Panacea to Economic Viability

Daily Trust

Nigeria's political space has recently taken another dimension with a set of reformists and critics since President Muhammadu Buhari assented to the Deep Offshore and Inland Basin… Read more »

Nigeria: Govt Files Charges Against Ifeanyi Ubah Over N135bn Debt

This Day

The federal government has filed criminal charges against Ifeanyi Ubah and his company, Capital Oil and Gas Industries Limited, at the Federal High Court in Lagos, for an alleged… Read more »

Zimbabwe: Farmer Sues Grain Marketing Board Over Debt

New Zimbabwe

A Mvurwi farmer has dragged the Grain Marketing Board (GMB) to court after the government grain stocker failed to pay him for his 54, 325 metric tonnes of wheat he delivered. Read more »

Nigeria: Buhari Inherited $63 Billion Debt, BMO Tells Atiku

This Day

The Buhari Media Organisation (BMO) has faulted former Vice President Atiku Abubakar's assertion that President Muhammadu Buhari's administration took more loans in the last three… Read more »

Mozambique: New York Jury Acquits Boustani in Debt Fraud Trial

AIM

A New York jury on Monday acquitted Jean Boustani, a senior sales executive of the Abu Dhabi based Privinvest group, of all three charges he was facing in connection with the… Read more »

Kenya: Request for Special Committee on Public Debt Denied

Nation

National Assembly Speaker Justin Muturi has declined a request to form a select committee to audit the country's public debt situation on account that the proposal is an overlap of… Read more »

Nigeria: From $10bn, Nigeria Debt Profile Now $84bn Under Buhari - Falalu Bello

Daily Trust

National chairman of the Peoples Redemption Party (PRP), Falalu Bello has raised the alarm that the country's debt profile has skyrocketed from $10bn when President Buhari took… Read more »