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13 Sep 21
The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
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8 Sep 21
Private creditors must be involved in Chad’s debt restructuring if the government is to avoid cutting services to meet interest payments, the International Monetary Fund has said.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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6 Sep 21
Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
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1 Sep 21
Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
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27 Aug 21
The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
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25 Aug 21
New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
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25 Aug 21
A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
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19 Aug 21
The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
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16 Aug 21
Lebanese leaders are growing increasingly tense after its central bank decided to end fuel subsidies, raising prices amid an economic crisis already pushing many people into poverty.
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13 Aug 21
South African president Cyril Ramaphosa has told politicians that corruption which has plagued the African National Congress poses an “existential threat”, after his predecessor Jacob Zuma was jailed...
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6 Aug 21
Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.
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5 Aug 21
Declining birth rates and increases in life expectancy could see economic growth increase for sub-Saharan African nations in the long-term, according to ratings agency S&P.
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5 Aug 21
Falling oil revenues amid Covid-19 reemphasises the need for Gulf Cooperation Council countries to diversify their economies to spread risk, according to a report by World Bank economists.
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5 Aug 21
A United Nations conference this week saw $370m donated to Lebanon, a year after an explosion tore through its capital city – but attendees warned the struggling country it must implement...
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3 Aug 21
The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
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3 Aug 21
Israeli ministers have agreed on the first state budget since March 2018 after two years of political stalemate.
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30 Jul 21
New Lebanese prime minister Najib Mikati said this week that only a unified approach will help the nation recover from one of the greatest crises in modern history.
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28 Jul 21
Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
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27 Jul 21
A political crisis in Tunisia threatens a potential International Monetary Fund programme sought by the government, authorities have been warned.
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22 Jul 21
As Africa continues to grapple with Covid-19, creating more bankable opportunities for investors will lay the foundations for longer-term growth, argues Stephen Barnes of the Johannesburg-based...
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19 Jul 21
The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
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13 Jul 21
Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
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8 Jul 21
The International Monetary Fund has agreed a deal to loan the Seychelles US$ 107 million due to the hit to tourism it suffered following Covid-19.
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7 Jul 21
Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
13 Sep 21The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
8 Sep 21Private creditors must be involved in Chad’s debt restructuring if the government is to avoid cutting services to meet interest payments, the International Monetary Fund has said.
7 Sep 21Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
6 Sep 21Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
1 Sep 21Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
27 Aug 21The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
25 Aug 21New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
25 Aug 21A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
19 Aug 21The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
16 Aug 21Lebanese leaders are growing increasingly tense after its central bank decided to end fuel subsidies, raising prices amid an economic crisis already pushing many people into poverty.
13 Aug 21South African president Cyril Ramaphosa has told politicians that corruption which has plagued the African National Congress poses an “existential threat”, after his predecessor Jacob Zuma was jailed...
6 Aug 21Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.
5 Aug 21Declining birth rates and increases in life expectancy could see economic growth increase for sub-Saharan African nations in the long-term, according to ratings agency S&P.
5 Aug 21Falling oil revenues amid Covid-19 reemphasises the need for Gulf Cooperation Council countries to diversify their economies to spread risk, according to a report by World Bank economists.
5 Aug 21A United Nations conference this week saw $370m donated to Lebanon, a year after an explosion tore through its capital city – but attendees warned the struggling country it must implement...
3 Aug 21The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
28 Jul 21Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
27 Jul 21A political crisis in Tunisia threatens a potential International Monetary Fund programme sought by the government, authorities have been warned.
22 Jul 21As Africa continues to grapple with Covid-19, creating more bankable opportunities for investors will lay the foundations for longer-term growth, argues Stephen Barnes of the Johannesburg-based...
19 Jul 21The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
13 Jul 21Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
8 Jul 21The International Monetary Fund has agreed a deal to loan the Seychelles US$ 107 million due to the hit to tourism it suffered following Covid-19.
7 Jul 21Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
