As Africa strives to achieve the 2030 Sustainable Development Goals, it faces a pressing dilemma: reconciling its significant debt burden with the imperative of accelerating development. With an external debt.
Economic crises pose significant challenges to governments worldwide, often necessitating extraordinary measures to stabilize economies and protect citizens. One of the critical aspects of managing an economy during a crisis.
Global trade agreements have long been a double-edged sword for the African market. On one hand, they promise economic growth, increased exports, and enhanced integration into the global economy. On.
The debt crisis in Zambia is a cautionary tale, not just for the country itself but for many African nations grappling with similar challenges. Zambia’s journey into indebtedness and its.
The anticipation has been palpable and here we are finally at The 12th African Leadership Magazine Persons of the Year (POTY) Awards Ceremony, in the prestigious Ethiopian Skylight Hotel in.
In 2022, Ghana faced economic challenges due to domestic imbalances and external shocks, resulting in currency depreciation, inflation, and declining investor confidence. The World Bank’s Economic Update reveals deepened fiscal.
The Federal Republic of Nigeria has unveiled an African Central Bank – Led National Domestic Card Scheme, AfriGo, to address local financial needs. The governor of the nation’s central Bank,.
The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 curbs one of the major contributory factors highlighted in.
Saudi Arabia has agreed to extend the terms of a $5 billion aid package to Egypt that took effect in March, Saudi state-run media said on Tuesday. The move is.
The International Monetary Fund, IMF, and South Sudan have reached a staff-level agreement for the release of about $112.7 million in emergency financing. It is expected that this emergency financing.
