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 […]
The African Development Bank (AfDB) has pledged a $500 million loan towards Ethiopia’s new $10 billion international airport in Bishoftu, southeast of Addis Ababa. The […]
Angola’s Ministry of Finance has secured a $400 million loan from U.S.-based bank JP Morgan, backed by a public debt issuance of $1.5 billion as […]
The European Union has committed to a €91-million-loan package to strengthen Cameroon’s infrastructure over the next three years. The agreement, announced in Yaoundé, aims to […]
The World Bank has granted Nigeria a $2.25 billion loan to bolster revenue and support economic reforms that have inadvertently contributed to the country’s worst […]
Ethiopian authorities seek to borrow 3.5 billion dollars from the IMF and a similar amount from the World Bank to meet its hard currency needs, […]
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 […]
Foreign loan disbursements to Mozambique fell to 120 million dollars (110 million euros) in the first quarter 2023, less than half compared to the same […]
The Cape Verdean state has spent until November 901 million escudos (8.2 million euros) on projects of direct or indirect response to Covid-19, just over […]
On the occasion of a coordination meeting on Sino-African cooperation last week, Chinese Foreign Minister Wang Yi recalled China’s commitments to the continent, and praised […]
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