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debt

Mozambique Pays Over $42 Million to China in Debt Service Despite Loan Relief Measures

November 8, 2025 Steven Addamah 0

Mozambique paid more than US$42.2 million to China in debt service over a three-month period, making Beijing its largest bilateral creditor, according to data from […]

Ramaphosa Seeks Bold Financial Reforms and Fairer Global Economy at G20 Summit

November 7, 2025 Steven Addamah 0

South African President Cyril Ramaphosa has expressed optimism that the upcoming G20 Leaders’ Summit in Johannesburg will deliver tangible reforms to the global financial system […]

Senegal Raises Debt Service Projections by $5.8 Billion Ahead of IMF Talks

October 22, 2025 Geraldine Boechat 0

Senegal has revised its debt service projections upward by about 3.2 trillion CFA francs ($5.8 billion) over the next three years, as reflected in a […]

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 […]

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