Tag: debt crisis
Africa’s debt crisis: interest payments on debt soar amid govt’s growing financial strain
As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa ... Read More
Mozambique ‘tuna bond’ case: Credit Suisse loses bid to block UK trial due in October
Credit Suisse has lost its bid to block the lawsuit filed by the Government of Mozambique against the Swiss bank for its role in the ... Read More
In Ghana, US VP Harris promises to boost ties, investment for Africa
US Vice President Kamala Harris arrived Sunday (26 March) in Ghana for the start of a weeklong visit to Africa intended to deepen her country's ... Read More
African Stability and Liquidity Mechanism could help avert debt crisis — study
The looming debt crisis in Africa can only be resolved with a more stable and liquidity market in African government bonds, argue Daniel Cohen, the ... Read More
Looming debt crisis haunts Tunisia’s economy
Tunisia is facing the real risk of defaulting on its external debt which has reached 100% of GDP compared to 35% in 2010. The credit ... Read More