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Fixing Africa’s triple set of dilemmas: high debt, large govt spending, collapsing currencies

Governments of highly indebted African countries need to take a number of steps to alleviate the stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilizing domestic currencies. While South Africa’s elevated public debt at 74% of GDP has almost doubled over the last decade, Kenya’s debt interest payment as a […]

Senegal-Mauritania: GTA project completed at 97%;  BP advances gas production efforts

The Greater Tortue Ahmeyim (GTA) gas production project, spanning Senegalese and Mauritanian waters, has reached 97% completion as of September 2024, according to British Petroleum (BP) and its partners. This update was shared during the inauguration of solar-powered cold storage containers and an information center in Saint-Louis, Senegal, on December 17. In a joint press […]

DRC to host Female Handball 2028 AFCON

The Democratic Republic of Congo will host in 2028 the African Cup of Nations (AFCON) of female handball at the request of the African handball governing body CAHB. Amos Mbayo, chair of the Congolese handball federation (FEHAND), indicated that his organization cannot turn down the request. “The DRC did not bid for the organization of […]