The Economic Freedom Fighters (EFF) are taking significant steps to introduce a Private Member’s Bill aimed at enhancing ...

State-contingent debt instruments allow countries hit by economic and climate crises to restructure their debt repayments.

S&P Global Ratings, in its downgrade of Senegal's credit rating this month, pegged hidden debts at around $13 billion and the ...

Credit ratings have become a dominant factor in shaping the global perception of Africa’s economic health and investment ...

Successful debt stabilization requires measures to strengthen public finances and institutions, alongside pro-growth structural reforms and a sound macroeconomic environment In the context of high ...

According to the Debt Management Office, Nigeria’s total public debt rose to N142.3tn as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn) compared to N134.3tn in June 2024.

A rift within Senegal’s government could plunge the West African nation’s already beleaguered economy into further disarray.

With rising consumer debt levels in South Africa, the National Financial Ombud Scheme warns of the dangers of reckless ...

Africa is already in a debt crisis from borrowing money at high interest rates and unfavorable lending conditions. By 2023, African countries had spent more money on repaying debt than flowed in.

By engaging with key African nations, India can lead the Global South and also counter China’s debt-driven influence in the ...

Legislators across African countries are calling for diversification of exports and increasing intra-African trade to cushion ...