African Debt
IMF Praises Zimbabwe’s Reforms but Says Lending Still Blocked by Arrears
The International Monetary Fund (IMF) said on Thursday it remains unable to provide financial support to...
Read moreDetails
G20 Vows Action on Debt but Critics Call Pledge ‘Inadequate’
The Group of 20 major economies, led this year by South Africa, said on Thursday that...
Read moreDetails
Nigerian Senate Backs $21 Billion Borrowing Plan to Fund 2025 Budget
Nigeria’s Senate has approved President Bola Tinubu’s plan to borrow over 21 billion dollars from foreign...
Read moreDetails
Zambia on Track to Resolve Debt Default Crisis, But Challenges Loom
After a nearly four-year ordeal, Zambia, one of Africa's largest copper producers, is poised to emerge...
Read moreDetails
Top 10 African Countries with Lightest Debt Burden
The unregulated accumulation of debt has long been a concern for many African nations, threatening economic...
Read moreDetails
Zambia confirms it has agreed debt restructuring with official creditors
Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding...
Read moreDetails
Debt-distressed African countries set to attract private investment by 2024: Report
Debt-distressed African countries are expected to achieve successful debt restructurings and attract new waves of sustainability...
Read moreDetails
World Bank Official Emphasises the Need to Balance Climate and Development Agendas in Africa
Abdoul Salam Bello, a senior official representing 23 African countries on the executive board of the...
Read moreDetails
China Urges U.S. to Shoulder Responsibilities and Address African Debt Issues
China has called on the United States to earnestly shoulder its responsibilities and make greater efforts...
Read moreDetails
Top 5 African countries with the worst debt crises in 2023
Debt has become a major problem for developing countries over the past few years. These countries...
Read moreDetails
