Governments and businesses in Nigeria, Kenya, and South Africa are grappling with sharply rising borrowing costs, a trend that poses serious risks to economic growth across Sub-Saharan Africa, according to a new report by Moody’s Ratings. Over the past five years, debt servicing costs have surged in all three economies due to weak policy frameworks, […]
The Eighth Tokyo International Conference on African Development (TICAD8) is due next August 27-28 in Tunisia, announced the Japanese Foreign ministry in a press release. The format of the meeting will be determined in due course while taking into account a number of factors, such as the COVID-19 situation, the press release said, adding that […]
The annual US-Africa Leaders Summit kicks off this Tuesday Dec.13 in Washington, D.C., where President Joe Biden will host about 50 African leaders, their delegations and Africans in the private sector and diaspora communities in the United States. The Biden’s three-day summit, which will focus on values such as democracy and good governance, as well […]
