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debt

Senegal Shifts Gears Toward Self-Reliance Through Domestic Revenue Overhaul

June 4, 2025 Geraldine Boechat 0

Facing the fiscal pressures of suspended international support, Senegal is pivoting toward a bold path of economic sovereignty by intensifying domestic tax compliance. Prime Minister […]

Senegal to Summon Former President Macky Sall to Court Over Financial Mismanagement

March 17, 2025 Geraldine Boechat 0

Senegal’s Government announced that former President Macky Sall will be summoned to court following an audit report revealing significant financial irregularities during his time in […]

Ghana: Opposition candidate John Mahama wins presidential election

December 9, 2024 Steven Addamah 0

In a testament to its tradition of peaceful political transitions, Ghana has elected opposition candidate John Mahama as its new President, with the ruling party’s […]

Bank of Mozambique warns that domestic debt has already grown by 1,269 million in 2024

October 2, 2024 Geraldine Boechat 0

On October 1, the Bank of Mozambique (BdM) has raised concerns about the increasing pressure from the country’s domestic debt, which has surged by 90.3 […]

Nigeria’s Fuel Subsidy Dilemma Deepens as Debt to Suppliers Soars

July 5, 2024 Steven Addamah 0

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 […]

Kenya Faces Fiscal Dilemma as Ruto Opts for Borrowing Over Tax Hikes

July 2, 2024 Steven Addamah 0

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 Unable to Secure Debt Agreement with Global Bondholders

April 17, 2024 Steven Addamah 0

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 Achieves 99% Debt Cancellation from Paris Club Creditors

March 14, 2024 Steven Addamah 0

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 […]

Ethiopia officially in debt default

December 29, 2023 Steven Addamah 0

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 […]

Cost of servicing Mozambique’s debt rises 18% in 2024 to 1,712 ME

November 14, 2023 Geraldine Boechat 0

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 […]

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News

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    July 14, 2025 0
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    July 13, 2025 0

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