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 »
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 »
The Truth About Africa's 'Debt Crisis' [blog]
CFR
Africa has a governance crisis, not a debt crisis. Read more »
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 »
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 »
American Couple Sues Businessman Julius Mwale Over $850,000 Debt
Capital FM
American couple Mathew and Brooke Shaw have filed a lawsuit against a Kenyan businessman Julius Mwale and his wife Kaila Mwale, accusing them of defrauding them out of $1.7 million… Read more »
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 »
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 »
How Debt and Taxes Conspired to Rob Nairobi's Slum-Dwelling Youth of the Promise of a Better Life [analysis]
The Conversation Africa
Throughout the summer of 2024, young Kenyans have taken to the streets of the capital, Nairobi, in a series of anti-government demonstrations. Read more »
GAC Audit Reveals Ministry of Finance Paid $139.4m in Domestic Debt Without Supporting Documents, No Payment Record B/W 1980-2017
FrontPageAfrica
The Ministry of Finance and Development Planning (MFDP) made domestic debt payments totaling US$139,413,238.54 during the fiscal years 2017 to 2021 without the necessary supporting… Read more »
Revealed - How $6 Billion NNPC Debt Is Causing Petrol Supply Hiccups
Vanguard
·Credit trading not peculiar to us -- Spokesman Read more »
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 »
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 »
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 »
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 »
