Tag: debt

Niger again fails to meet debt payment as post-coup woes pile

February 21, 2024

Niger failed to make a debt payment of 13.4 billion CFA francs ($22 million) last week, the West African debt management agency said on Monday ... Read More

Tunisia’s new Prime Minister takes oath

August 2, 2023

Ahmed Hachani, Tunisia’s new Prime Minister swore in on Monday July 31 right after his appointment, before President Kais Saied, a few hours the latter ... Read More

IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy

May 22, 2023

Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the ... Read More

Resilience through tough times: East Africa’s economic recovery hindered by debt and deficits

November 1, 2022

The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current ... Read More

A perfect storm: debt crisis looms for Ghana, other emerging economies in Africa

October 3, 2022

Ghana is a classic case of emerging economies in Africa and other parts of the world who have been caught in a perfect storm and ... Read More

Nothing’s free: skepticism grows over China’s debt forgiveness

September 27, 2022

Skeptics say that despite China’s agreement to forgive interest-free loans to 17 African countries as it seeks to dispel debt-trap allegations, the days of Beijing ... Read More

Greening Africa: Kanga seeks to raise $500m capital for its potash project in Congo

July 28, 2022

Kanga Potash, a world class, low-cost potash project developer, is seeking to raise about $500m for the first phase of its potash development project north ... Read More