Rising debt, geopolitical instability and declining aid flows are intensifying external pressure on African economies.
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Africa’s $824 billion debt burden hinders its economic potential
Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth,…
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Ajay vows to make World Bank “better bank”
By Andualem Sisay Gessesse (Marrakech, Morocco) – The newly appointed World bank President Ajay Banga expresses his plant to make…
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African solution, new world order prescribed for debt burden
By Andualem Sisay Gessesse – Dakar, Senegal – Calling for an African solution and a new world order, the third…
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Dakar set to host conference on Africa’s debt tragedy
Dakar, the capital of Senegal, is set to host a continental conference that aims to reflect on the growing debt…
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UN warns of soaring $92 trillion global public debt
The United Nations Secretary-General today presented the report, “A world of debt. A growing burden to global prosperity” and issued…
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Zimbabwe vows to end debt burden
Zimbabwe President Emmerson Mnangagwa has reassured development partners and creditors that his government is committed to the implementation of key…
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