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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.
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6 Jul 21
The global sukuk market will recover from a Covid-19 slump, with issuance to move towards $155bn this year, according to ratings agency Standard and Poor’s.
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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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1 Jul 21
Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
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30 Jun 21
Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
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29 Jun 21
Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
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29 Jun 21
A university in Kenya has faced criticism after dismissing a senior accountant involved in an ongoing legal case concerning a former vice-chancellor.
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28 Jun 21
The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
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22 Jun 21
The International Monetary Fund will not give Zimbabwe any financial support despite the government having no arrears with the fund for almost five years.
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21 Jun 21
Continued over-reliance on oil has left Gulf Cooperation Council countries very exposed to shocks amid faltering diversification efforts, analysts have warned.
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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15 Jun 21
Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
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14 Jun 21
Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
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11 Jun 21
A former South African finance minister has slammed Jacob Zuma, president between 2009 and 2018, for leaving the country weaker after working to undermine the power of the country's finance...
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7 Jun 21
Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
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4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
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1 Jun 21
The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
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28 May 21
African countries have been urged to step up cooperation on tax to raise money needed to support their economies through the economic crisis caused by Covid-19.
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25 May 21
Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
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20 May 21
Covid-19 threatens decades of progress by African countries on towards becoming advanced economies, and world finance leaders have been warned the continent needs huge investment in the coming years.
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18 May 21
Slow progress on a debt treatment deal has led to Ethiopia’s credit rating being downgraded as private sector lenders look increasingly likely to lose money.
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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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17 May 21
Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
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11 May 21
Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
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.
6 Jul 21The global sukuk market will recover from a Covid-19 slump, with issuance to move towards $155bn this year, according to ratings agency Standard and Poor’s.
5 Jul 21The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
1 Jul 21Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
30 Jun 21Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
29 Jun 21Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
29 Jun 21A university in Kenya has faced criticism after dismissing a senior accountant involved in an ongoing legal case concerning a former vice-chancellor.
28 Jun 21The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
24 Jun 21Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
22 Jun 21The International Monetary Fund will not give Zimbabwe any financial support despite the government having no arrears with the fund for almost five years.
15 Jun 21Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
15 Jun 21Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
14 Jun 21Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
11 Jun 21A former South African finance minister has slammed Jacob Zuma, president between 2009 and 2018, for leaving the country weaker after working to undermine the power of the country's finance...
7 Jun 21Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
4 Jun 21Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
1 Jun 21The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
25 May 21Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
18 May 21Slow progress on a debt treatment deal has led to Ethiopia’s credit rating being downgraded as private sector lenders look increasingly likely to lose money.
17 May 21Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
11 May 21Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
