Zimbabwe has initiated ambitious plans to address its $12.7 billion external debt through a high-level conference bringing together creditors and finance executives. The meeting, featuring President Emmerson Mnangagwa and African Development Bank leadership, aims to chart a path toward clearing arrears and accessing international capital markets. The nation’s debt burden, representing 81 percent of GDP, […]
Mauritanian economist Sidi Ould Tah has presented his vision for the African Development Bank (AfDB), ahead of the presidential election scheduled for May 29 in Abidjan, focusing on mobilizing resources, reforming financial architecture, leveraging demographic potential, and building climate-resilient infrastructure. The former Mauritanian Minister of Economy and Finance brings significant experience from his role as […]
An Egyptian court Monday ruled in favor of the two sons of the ousted Egyptian President Hosni Mubarak, ordering their release, a lawyer of the defendants said. Alaa and Gamal Mubarak will be freed after spending three years behind bars since 2011, the year they were sentenced to three years in jail for corruption. A […]
