Explainer: What’s El Niño and how does it interact with climate change? This has been a year of record temperatures and extreme weather – from floods to fires.
World Bank: Funding squeeze not behind Africa yet Dabalen said World Bank has expressed concern about the growing proportion of revenues that African economies are spending in debt service and cites this as a “liquidity challenge”.
Kenya loses 42pc of Tanzania maize imports Exporters have moved to other countries due to tough restrictions.
Debt, pending bills batter Africa economies in 2024 An economic crunch shadows Egypt, Somalia, South Africa, Zambia, Nigeria, Sudan, South Sudan, Chad.
What Africa should push for in Bretton Woods debt review IMF and World Bank are working to review the DSA framework for low-income countries within the next two years.
Ghana fails to reach debt deal with global bondholders In December 2022, Ghana defaulted on most of its $30 billion external debt as it fell into economic crisis.
BUWEMBO: African country in debt? Tell creditor to talk to AU How can all Africa attain Rwanda’s safe debt status? The answer is in Addis Ababa.
World Bank backs Kenya key rate rise The Kenyan Swohilling has been the biggest gainer among currencies in Sub-Saharan Africa on a year-to-date basis, alongside the Zambian Kwacha.
Coastal states see opportunity as the landlocked pay the price Desperate to secure access to wider world market, landlocked countries are becoming major drivers of conflicts in Africa through arbitrary border closures, poor roads, blocked highways and even...
Africa’s rating agency plan to end unfairness Credit ratings are designed to gauge a borrower’s risk of default, and factor in the terms on which banks and others will lend to them.
