Former African leaders call for urgent debt relief
Eight former African Heads of State and Government have signed the Cape Town Declaration, calling for the critical…
debt
Bondholders can make 30% profit from rejected Ethiopia deal
A new report released today finds that Ethiopia’s bondholders would still make 30% profit from the government’s proposed…
Debt, political uncertainty challenge world economy in 2025
With fragmentation, debt and political uncertainty, the global economy is set to face significant challenges in 2025, with…
AFRODAD demands debt justice on Africa Day
On Africa Day celebration, the African Forum and Network on Debt and Development (AFRODAD) recognizes the continent’s remarkable…
New CLUB set to help indebted countries of South
By Andualem Sisay Gessesse – The Common Leveraging Union of Borrowers (CLUB), the group recently launched by members…
African MPs urged to seriously interrogate executives on debt
The Members of parliament (MPs) of African countries are urged to seriously interrogate their executives to understand the…
An economist look at Ethiopian economy, inflation
By Muluneh Gebre – Ethiopia’s macro-economic performance remains positive amid severe inflation, drought and clashes in different parts…
LIBERTY Steel USA completes new debt raise
LIBERTY Steel USA has successfully raised a US$40m term loan with Eclipse Business Capital to refinance its existing…
Recent macroeconomic, financial developments in Ethiopia
Ethiopia Economic Update by African Development Bank- Ethiopia’s economy grew by 6.1% in 2020, down from 8.4% in…
Sudan debt relief moves forward
Under a debt relief plan won by advocates in the early 2000s, Sudan could see a drastic cut…
Ethiopia denies intentions to implement debt treatment exercise
The Ministry of Finance of Ethiopia has denied recent press reports of its intentions to implement debt treatment…
Ethiopia pleads to G20 to rescue African economies
As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today…
Ethiopia state enterprises debt surpasses $5.6 billion
Debt of twelve state enterprises in Ethiopia surpasses $5.6 billion, according to the latest report of the state…
Ethiopia’s debt surpasses $52 billion
Ethiopian government total debt from foreign and local lenders surpasses $52.3 billion, the Ministry of Finance of Ethiopia…
Ethiopia secures $1.8 billion from China
The State Grid Corporation of China (SGCC) is set to invest $1.8 billion in Ethiopia’s electric power transmission…
How Zambia loses billions of dollars in illicit outflows
By Kalima Nkonde – The untold story of Zambia’s excessive debt and low foreign reserves is the negative…
Angola sink deeper into debt
Angola’s is failing to control its foreign and domestic debt which is estimated at nearly $80 billion despite…