![](https://medafricatimes.com/wp-content/uploads/2022/11/nigeria-nnpc-326x245.jpg)
Nigeria’s Fuel Subsidy Dilemma Deepens as Debt to Suppliers Soars
Nigeria’s state oil company NNPC faces mounting challenges as its debt to gasoline suppliers has surged to over $6 billion, doubling since April. This financial […]
Nigeria’s state oil company NNPC faces mounting challenges as its debt to gasoline suppliers has surged to over $6 billion, doubling since April. This financial […]
In the wake of rejected tax increases and violent protests, Kenyan President William Ruto has announced plans to borrow heavily to address the country’s growing […]
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 […]
Somalia successfully negotiated the elimination of 99% of its debt to members of the Paris Club, marking a significant achievement in the nation’s journey to […]
The long-awaited news became official on Tuesday December 26: Ethiopia has defaulted on its debt. The country has defaulted on its last payment of $33 […]
Mozambique’s debt servicing costs will grow by 18% in 2024, to more than 116,631 billion meticais (1,712 million euros), according to Mozambican Government figures. According […]
The director of the emerging markets department at Oxford Economics said Sunday that Angola and Mozambique are the Portuguese-speaking African countries most at risk of […]
Cape Verde has identified climate resilience as the biggest challenge facing the Small Island Developing States (SIDS), which want to have a common position on […]
The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]
The Angolan government paid in 2022 362 billion kwanzas (€397 million) of debt to creditors with emphasis on the National Electricity Company (Ende) and Chinese […]
Copyright © 2024 | WordPress Theme by MH Themes