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September 22
Kenya: Kenyatta to Leave Billions of Dollars in Debt By 2022
Nation
The national debt is projected to increase by Sh750 billion in the next 10 months. That is Sh2.6 billion a day. Read more »
Kenya: Treasury Raises Debt Target By Sh29.7 Billion on Tax Shorfall
Nation
The Treasury has raised domestic borrowing goal for the current financial year, which started in July, by Sh29.72 billion on fears of a deeper shortfall in tax receipts than… Read more »
Kenya: Tuju Petitions JSC for Removal of Judge in Sh1.6 Billion Dari Debt Case
Capital FM
Jubilee Party Secretary General Raphael Tuju has petitioned the Judicial Service Commission (JSC) for the removal of a judge in a Sh1.6 billion debt case pitting his firm - Dari… Read more »
September 21
Nigeria: Debt - How Each Nigerian Owes U.S.$401
Daily Trust
The Debt Management Office, DMO, has announced that the total debt stock of Nigeria rose to N31 trillion as of June 2020. Read more »
Mozambique: 'A Normal Country Cannot Live On Donatons' - Nyusi
AIM
Mozambican President Filipe Nyusi warned that no normal country can live on donations, when it has enough land, water and human resources to feed all its people. Read more »
September 19
Angola: Angola Owes China U.S.$20.1bn
ANGOP
Angola's debt to China is estimated at USD 20.1 billion, and is the country's largest creditor, said Finance Minister Vera Daves Friday. Read more »
Rwanda: Rwanda's Affordable Energy Ambitions Get $150m Boost
New Times
Rwanda's quest to avail affordable energy to the population got a boost this week following, the approval by the World Bank Group of $150m (approximately Rwf142bn) to finance… Read more »
September 18
Mozambique: Guebuza Accuses Attorney-General of Attempted 'Political Assassination'
AIM
Former Mozambican President Armando Guebuza, on Thursday claimed that he is the victim of an attempt at "political assassination", and pointed a finger of blame at Attorney-General… Read more »
September 17
Zimbabwe: Marry Mubaiwa in Trouble Over U.S.$6,000 Water Debt
New Zimbabwe
Vice President Constantino Chiwenga's estranged wife, Marry Mubaiwa has been taken to court by a local water delivery company for allegedly failing to settle a US$6 000 water debt. Read more »
Nigeria: Judge Declines Application to Hear Debt Recovery Case
This Day
The vacation judge at the Federal High Court in Lagos, Justice Nicholas Oweibo, yesterday refused an application seeking an urgent hearing in the debt recovery case filed by Assets… Read more »
September 16
Nigeria: Experts Warn Govt Against Debt Trap
This Day
Some experts in bilateral businesses have called on federal government to consider other options in addressing Nigeria's infrastructural deficit, instead of the high appetite for… Read more »
Nigeria: Why We Resorted to Borrowing - Buhari
Daily Trust
President Muhammadu Buhari on Tuesday explained that his government took loans in the interest of Nigeria to solve the dire shortfall in infrastructure. Read more »
September 15
Nigeria: Buhari Justifies Borrowing to Fund Infrastructure
Premium Times
President Buhari said the country must fix its roads to save lives from soaring road accidents. Read more »
Nigeria: Nigeria Spends N1.1trn to Service Foreign Debt in Q2'20
Vanguard
by Urowayino Jeremiah Read more »
Angola: Angola With Low Debt Default
ANGOP
Angola has a low risk of failing to pay its sovereign debt, thanks to ongoing reforms, according to a recent assessment made by the three main international rating agencies, namely… Read more »
September 14
South Africa: Over-Indebted Consumers Advised to Consider Debt Counselling
SAnews.gov.za
Many consumers are feeling the impact of the COVID-19 lockdown on their jobs and income, with some falling behind on their financial obligations. The National Credit Regulator… Read more »
Nigeria: N190 Billion Debt - Abuja-Kaduna Train Service and Burden of China Loan
Daily Trust
The Abuja - Kaduna train project is one of the foremost projects executed with the loans from China, and there are doubts on how this project can generate enough to finance its… Read more »
September 11
Namibia: Town to Write-Off Pensioners' Debts
New Era
The Otavi Town Council has announced plans to write-off millions of dollars in municipal debts owed to it by elderly residents. Read more »
September 10
Nigeria: Nigeria's Rising Debt: Time Will Vindicate Buhari's Govt - Finance Minister
Premium Times
With mounting criticisms over the country's rising debt stock, the Minister of Finance, Budget and National Planning, Zainab Ahmed, told PREMIUM TIMES' Business Editor, Bassey Udo,… Read more »
Nigeria: Nigeria's Public Debt Rises to N31 Trillion
Premium Times
Nigeria's total public debt stock increased by about N2.38 trillion, or $6.593billion, as of June 30, the Debt Management Office (DMO) announced on Wednesday. Read more »
September 09
Nigeria: Nigeria's Debt Rises 8.3% to N31trn in 3 Months - DMO
Vanguard
The Debt Management Office (DMO), Wednesday, put the nation's total public debt stock at N31.009 trillion or $85.897 billion, as at June 31, 2020, representing 8.3 percent rise… Read more »
Nigeria: IMF Loans, Others Push Nigeria's Debts to N31tn - DMO
Daily Trust
Nigeria's total debt stock has risen to N31 trillion as of June 2020, from N28.6tn reported in March, the Debt Management Office, DMO has said. Read more »
Tunisia: Spain Grants €3 Million Loan to CFE
Tunis Afrique Presse
Spain granted the Financial Centre for Entrepreneurs (CFE) which is a Tunisian microfinance institution, a €3 million loan (the equivalent of 9.7 million dinars). Read more »
September 07
Kenya: Debt Swaps Could Free Funds to Tame Climate, Biodiversity and Virus Threats
Thomson Reuters Foundation
A share of developing states' foreign debt could be forgiven in exchange for governments devoting those resources to fighting environmental problems, researchers say Read more »
Nigeria: $10m Debt - Judge Declines to Hear Shoprite's 'Urgent Application'
Premium Times
A Lagos Division of the Federal High Court on Monday declined to hear an application to lift an injunction barring South African retail company, Shoprite Checkers (PTY) Limited,… Read more »

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Buhari Explains Borrowing, Says Nigeria Economy Will Bounce Back

Nigeria Court Says 'No', Freezes Transfer of Shoprite Assets

Loans From China Cause for Concern in Nigeria

Mozambique's Secret Debt Case To Go Ahead In London, Judge Rules

South Africa to Get U.S.$4.3 Billion in Covid-19 Support From IMF

Zambia Seeks Chinese Debt Relief to Cushion Covid-19 Impact

Govt Eyes IMF Loan For Looming South African Debt Crisis

Three EAC States to Pay Over U.S.$15 Billion in Debt Servicing

The Sad Tale of Kenya's Debt Nightmare

Ministers Issue Urgent Call to Address Pandemic's Economic Impact

COVID-19 Sinks East Africa Into Further Debt

Central Bank's Currency Conversion Invalid, Zimbabwe Court Rules

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