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Finance

IMF Projects Egypt’s Debt to Fall to Lowest Level Since 2016 by 2030 Amid Fiscal Reforms

October 18, 2025 Steven Addamah 0

Egypt’s general government gross debt is forecast to decline steadily through 2030, reaching its lowest level since 2016, according to the International Monetary Fund (IMF). […]

Ethiopia’s Debt Talks with Bondholders Collapse Amid Dispute Over Restructuring Terms

October 16, 2025 Steven Addamah 0

Ethiopia announced on Tuesday that its debt restructuring negotiations with international bondholders had ended without an agreement, citing persistent differences over key terms. The East […]

IMF Warns of Fragile Global Recovery, Highlights Uneven Growth and Risks for Sub-Saharan Africa

October 16, 2025 Geraldine Boechat 0

The International Monetary Fund (IMF) has projected a modestly improved near-term global economic outlook but warned of persistent vulnerabilities, particularly in Sub-Saharan Africa. Presenting its […]

Ghana Government Disallows GH¢13 Billion in Audited Arrears from Previous Administration

October 9, 2025 Khalid Al Mouahidi 0

Deputy Finance Minister Thomas Nyarko Ampem has revealed that approximately GH¢13 billion in claims submitted by the previous Administration have been disallowed following a comprehensive […]

World Bank Upgrades Sub-Saharan Africa’s Economic Outlook amid Stabilizing Markets

October 9, 2025 Geraldine Boechat 0

Sub-Saharan Africa’s economic trajectory shows renewed promise as the World Bank revised its growth projections upward to 3.8% for this year, marking a significant improvement […]

Chad: UN Releases Emergency Funds to Combat Deadly Cholera Outbreak in Chad

October 8, 2025 Geraldine Boechat 0

The United Nations has allocated an additional 1 million U.S. dollars from its Central Emergency Response Fund to tackle a rapidly spreading cholera outbreak in […]

Tunisia’s Inflation Eases Slightly to 5% in September 2025

October 6, 2025 Geraldine Boechat 0

Tunisia’s inflation rate declined to 5% in September 2025 from 5.2% in August, according to the National Institute of Statistics (INS) in a statement released […]

Namibia Records Largest-Ever Trade Deficit in August 2025 Amid Heavy Import Dependence

October 4, 2025 Steven Addamah 0

Namibia recorded its highest-ever trade deficit in August 2025, reaching 5.3 billion Namibian dollars (approximately 308 million U.S. dollars), according to data released by the […]

Senegal Detains Family of Media Mogul Madiambal Diagne in Expanding Fraud Investigation

October 1, 2025 Geraldine Boechat 0

Senegalese authorities have placed the wife, two sons, and marabout of prominent media tycoon Madiambal Diagne in pre-trial detention as investigations into alleged financial crimes […]

Standard & Poor’s Upgrades Morocco’s Sovereign Rating

September 28, 2025 Khalid Al Mouahidi 0

The U.S. rating agency Standard & Poor’s has raised Morocco’s sovereign rating to BBB-/A-3, restoring the Kingdom to “Investment Grade” status. The agency’s decision, following […]

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