PACE

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 […]

Libya: Italian, Greek Prime Ministers on official visit

After the visits of several Ministers of Interior and Foreign Affairs and the visit of the head of the European Council last week in Tripoli, the Italian and Greek Prime Ministers paid an official visit to Libya on Tuesday April 6 to discuss with the new Libyan executive economic and security issues as well as […]

Morocco’s RS Berkane knocks out Algeria’s CS Constantine in CAF Confederation Cup

RS Berkane built on its 4-0 first leg win against CS Constantine to guarantee its qualification to the final of the CAF Confederation CUP. Despite its loss 1-0 in the second leg in Constantine, RS Berkane in their orange jerseys qualified comfortably to confront Simba SC of Tanzania. Berkane, two-time winners of the competition, managed […]