The African Development Bank has warned that Africa’s ballooning external debt, which reached $824 billion in 2021, is posing serious challenges, with countries dedicating 65 […]
South Africa’s inflation outlook presents potential upward risks, according to Central Bank Governor Lesetja Kganyago. Despite the adverse effects of El Nino weather conditions across […]
Currency devaluation was pointed as the reason behind ditching Nigeria’s economy which fell to the fourth place in the list of Africa’s largest economies, while […]
Italy said it will offer crisis-hit Tunisia 105 million euros in budget assistance and credit lines, as Rome looks to its North African southern neighbors […]
Ghana’s attempts to restructure its $13 billion international bond debt have hit a snag, according to government sources on Monday, dealing a setback to its […]
Informal traders in Zimbabwe, comprising approximately 75% of the nation’s workforce, have ceased accepting the ZIMdollar, also known as the RTGS dollar, due to concerns […]
An international conference on Sudan hosted by France on Monday (15 April), exactly a year after war broke out in the northeast African country, seeks […]
A European Parliament’s committee has called for an investigation into the alleged mismanagement of EU funds in Senegal after a joint investigation by Al Jazeera […]
The former chief of Nigeria’s Central Bank, Godwin Emefiele, is slated to appear in a Lagos courtroom on Monday due to newly filed corruption and […]
On Friday, Zimbabwe introduced a new currency, ZiG, to stabilize its economy and replace the previously depreciating currency, which faced rejection by its citizens. This […]
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