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Africa will launch its own credit rating agency on Wednesday, aimed at countering what many see as unfair assessments by global institutions that make it more expensive for African...
Kenya owes the IMF Ksh452.12 billion as of June 2026 and has a public debt totalling Ksh13.12 trillion, as rising debt repayments and spending commitments continue to pressure publ...
African countries face some of the world’s highest borrowing costs, with ratings driving up interest and cutting off access to international capital. Now the African Union is fight...
China has loaned out billions to developing countries worldwide. Some countries are struggling to pay on time.
African economies should, however, expect greater scrutiny of their domestic debt liabilities.
[Daba Finance] Senegal reached a staff-level agreement with the International Monetary Fund for a $2.2 billion, 3-year lending programme as the government seeks to restore debt sus...
• Continent pays more to borrow, says WAIFEM DG • Experts demand transparent ratings, stronger data, joint ownership of debt analysis • IMF warns rising debt service crowding out d...
[The Conversation Africa] African countries have committed themselves to cutting greenhouse gas emissions and protecting their people from the worsening effects of climate change....
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. A...
As the International Monetary Fund prepares to release its flagship World Economic Outlook in Bangkok on Tuesday, the headline message is one of stability. But behind the forecasts...
[RootsToFoods Capital Series] In a RootsToFoods Capital Series interview, Alexia Latortue, Head of Secretariat of the Future of Development Cooperation Coalition and former U.S. Tr...
"What we have seen by members of the G24 and across particularly the developing countries such as those in Africa, is an increasing body of not just high debts, but high costs of d...
African countries could save up to $74.5 billion if sovereign ratings were based on less subjective assessments Read Full Article at RT.com
[African Business] Washington, DC -- The inaugural Africa Business Investment Summit saw a target of $500m of structured commitments, a royal keynote and an unusually candid accoun...
The African Union is challenging the big three rating agencies’ approach to assessing African borrowing risk.
[New Era] African parliaments have been urged to strengthen their oversight of public finances through well-resourced and independent Parliamentary Budget Offices (PBOs) as the con...
Global investors’ participation in our rating discourse is overpronounced because they are centralised around eurobonds.
High borrowing costs squeeze economies; debt service crowds out uplift spending
Senegal has reached an agreement with the International Monetary Fund on a new $2.2 billion debt programme, the financial institution said on Tuesday. An earlier agreement was susp...
[African Development Bank (AfDB)] The African Development Bank Group and France are developing a more integrated approach to financing projects, strengthening delivery and widening...
Sonko says the country’s problem is one of cash flow and repayment timing, not necessarily the amount of debt owed. He has warned that the process could reach a political deadlock...
[allAfrica] Africa's industrial moment is not waiting for more money. It is waiting for the right kind -- structured correctly, sequenced intelligently, and aimed at the right stag...
The country must break the cycle of flawed structural adjustment that only feeds its debt crisis
South Africa’s Parliament wants tougher action against countries refusing to repay debts, including about R1 billion owed to SAA by Zimbabwe. The post appeared first on iHarare Ne...
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