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, […]
France has said it will keep its 1,000 troops in junta-run Chad amid waning French influence after it was ousted from several African countries over the past few years, just as apparent calm has returned to Chad’s capital N’Djamena following the assassination of an opposition leader. “Of course we will stay” in Chad, said Jean-Marie […]
Malawi’s Vice-President, Saulos Chilima, and nine others were killed when a small military plane crashed in a northern mountainous region, the country’s president said in a live televised address on Tuesday. The wreckage of the plane was found after a search that lasted more than 24 hours since it disappeared on Monday (10 June) but […]
