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July 02
Mozambique: Rubbish Not Collected in Maputo Because of Debt
AIM
Maputo 2 Jul (AIM) - The residents of several neighborhoods of Maputo city are facing heaps of foul-smelling rubbish in the streets because the municipal council has stopped… Read more »
June 30
Kenya: Kenya to Incur More Debt After Finance Bill 2024 Withdrawal - Ruto
Capital FM
President William Ruto expressed regret that the government will be forced to borrow an additional Sh1 trillion in the Financial Year 2024/2025 due to the withdrawal of the Finance… Read more »
June 28
Ghana: Mahama Expresses Gratitude to South Korea for Canceling Ghana's Debt
Accra Times
Flagbearer of the National Democratic Congress (NDC), thanked the South Korea for their debt forgiveness. Read more »
Egypt: Finance Ministry - Egypt Repaid $25 Bln of Its Overall Debt Since March As Per Iif's Recent Report
Egypt Online
The Finance Ministry said a recent report of the Institute of International Finance (IIF) asserted that Egypt has repaid $25 billion of its domestic and external public debts since… Read more »
Malawi: Debt Restructuring Negotiations Start Bearing Fruits As China Signs Supplemental Debt Pact With Malawi
Nyasa Times
Minister of Finance and Economic Affairs Simplex Chithyola Banda has disclosed that negotiations with debtors over debt restructuring have started bearing fruits as Malawi has… Read more »
June 27
West Africa: Nigeria Borrowed N7.71 Tr in Q1 2024 - Dmo
Daily Trust
The Debt Management Office (DMO) yesterday clarified that Nigeria's fresh borrowing was N7.71 trillion in the first quarter of 2024. Read more »
Nigeria: Nelfund Board Meets On Disbursement of Student Loan
Daily Trust
The Nigerian Education Loan Fund (NELFUND) has met over the approval for disbursement of student loan to successful applicants. Read more »
June 26
Nigeria: Nigeria's Total Debt Stock Down 15% in Dollar Terms - Official
Premium Times
In US dollars, the figure fell from $108.2 in December 2023 to $91.4 in March Read more »
Liberia: Umu to Shame Debtors
New Dawn
Debtors to the United Methodists University, including lawmakers here, risk having their names published, as the administration says patience is running out. Read more »
Nigeria: FCMB, TLG Open Series 1 Private Debt Fund for Investment
Vanguard
First City Monument Bank Asset Management Limited in collaboration with TLG Capital Investment Limited, United Kingdom (FCMB-TLG) has opened the first series of their Private Debt… Read more »
Nigeria: MPC - Domestic Financial Conditions Tight, Putting Pressure On Public Debt Service
This Day
Nume Ekeghe Read more »
June 25
Ghana: Claiming $8 Billion for Infrastructure From Debt Restructuring Is Weird Thinking - Finance Expert
Accra Times
Professor of Finance says Finance Minister's claim that the debt restructuring agreement will make $8 billion dollars available for infrastructure projects is weird thinking. Read more »
Nigeria: Why Nigeria's Total Debt Rose By N24 Trillion - DMO
Premium Times
The DMO official said that the debt report was somewhat an improvement from the past, before President Bola Tinubu's government. Read more »
Ghana: Debt Restructuring Will Revive Stalled Projects - Pres Akufo-Addo
Ghana Presidency
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has in a significant development for Ghana's economic recovery, announced that many of the country's stalled projects… Read more »
Liberia: Debt Court Freezes Western Cluster Affiliate Company's Accounts
Liberian Observer
The Debt Court for Montserrado County issued an order to freeze the accounts of Citadel Mining Services and Construction, a Ghanaian company subcontracted by Western Cluster, over… Read more »
Nigeria: Church Accuses Ex-Member of Alleged Blackmail Over Vehicle Gift, False Debt
Vanguard
The leadership of Grace Nation Church, Lagos, has accused a former member, one Omolayo Ibukun Michael, of using the media to blackmail it over two vehicles he gifted the church… Read more »
June 24
Angola: Angola Pays U.S.$176 Million of Its Debt With the IMF
ANGOP
Around 176 million US dollars is the amount that the Angolan Government has already paid to the International Monetary Fund (IMF), from 2021 to date, within the framework of the… Read more »
Nigeria: Court Freezes Swift Networks, CEO's Accounts in All Banks Over Alleged Debt
This Day
Justice Y. Bogoro of a Federal High Court in Lagos has temporarily barred further transactions in the bank accounts belonging to Swift Networks Limited, over alleged debt to Union… Read more »
Nigeria: 'Stop Using My Name for Politics', Okonjo-Iweala Disowns Comment On Nigeria's Debt Profile
Leadership
The director-general of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has raised the alarm over a plot to use her name to fight political battles in Nigeria. Read more »
Mozambique: Debts Ruin Anti-Poverty Strategy
AIM
Over the past decade the number of Mozambicans living below the poverty line increased, and now accounts for much more than half the population. Read more »
June 21
Malawi: The World Bank Must Double Its Fund for the Poorest Nations Like Mine to Tackle Hunger Crisis [opinion]
IPS
After El Niño-induced floods and devastating drought, roughly two in five people in Malawi - a country of some 20 million people - are now facing the looming prospect of… Read more »
Nigeria: Nigeria's Debt Stock Hits N121 Trillion
Premium Times
The Debt Management Office (DMO) also gave reasons for Nigeria's debt stock surge. Read more »
Nigeria: Govt Seeks 18-Month Extension of $800m World Bank Palliative Scheme
Vanguard
The Federal Government has requested an 18-month extension on the closing date of the World Bank's $800m palliative loan to boost its social safety net programmes. Read more »
Nigeria: Nigeria's Public Debt Hits N121.7trn
Vanguard
Nigeria's Total Public Debt stood at N121. 67 trillion ($91. 46 billion) at the end of March this year. Read more »
South Africa: City of Johannesburg, City Power Ordered to Pay Eskom Debt
SAnews.gov.za
Eskom has obtained a court judgement against the City of Johannesburg (CoJ) and City Power for the payment of their R1.073 billion debt. Read more »
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