For many years there have been concerns about the rate at which African countries borrow to support their economies.
Some had said that the continent...
The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress.
She described Africa as...
Commonwealth finance ministers will meet in Washington D.C. on October 17, 2019 to discuss coordinated interventions to prevent future debt crises.
The meeting will be...
So on July 7, 2019 African leaders made history by launching the much talked about continental free-trade zone in Niger's capital, Niamey.
It would be...
The International Monetary Fund, IMF has revealed that Zimbabwe has already cleared all its outstanding debts.
Director of Communication with the International Monetary Fund Gerry...
An International Monetary Fund team will be discussing issues surrounding Zambia's debt levels with the country's officials next week.
Zambia's Treasury secretary general Fredson Yamba...
Mozambique will seek to negotiate a restructuring of part of its debt, its prime minister said on Wednesday.
The southern African nation is struggling to...
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
