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Ghana signs debt restructuring deal with bilateral creditors

Ghana signed a memorandum of understanding with bilateral creditors, including France and China, to restructure $5.4 billion worth of debt. The deal was seen as a prerequisite for unlocking $360 million from the IMF under a $3 billion bailout program next month. Ghana was the second African country to default on its debt following Zambia […]

Feed Africa Summit: AfDB to commit $10 billion to make continent the breadbasket of the world

The African Development Bank Group will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world, AfDB President, Dr Akinwumi Adesina, announced at the Dakar 2 Africa Food Summit in Diamniadio, east of the Senegalese capital, […]

Sahara: São Tomé & Príncipe Backs Morocco’s Autonomy Plan, Lauds Royal Atlantic Initiatives

São Tomé and Príncipe has reiterated unwavering support for Morocco’s territorial integrity and Autonomy plan offered for the Sahara, saying this realistic plan has been endorsed by the UN Security Council in its resolution 2797. During a meeting held Tuesday in Rabat with Moroccan peer Nasser Bourita, the Foreign minister of this African country Ilza […]