Mali’s military leader and interim president, Assimi Goita, had a telephone conversation with Russian President Vladimir Putin on Tuesday about the escalating situation in Niger, amid growing concerns in the West that Africa’s latest coup undermines its influence while presenting an opportunity to expand Russia’s presence in the West African region. The Kremlin said Mali’s […]
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
Hundreds of million of people all across Africa are facing the greatest cost of living crisis in a generation due to rising food and energy prices amid rapid inflation and increasing debt, leaving the most vulnerable consumers in a dire situation, the UN trade and development body, UNCTAD, has warned. „The ripple effects of the […]
