Zimbabwe Secures $250 Million Loan from Afreximbank Zimbabwe has joined a series of African nations securing credit facility from multilateral institutions to mitigate COVID-19 risk. The...
Real GDP Growth Per Capita to Contract by 7.4% in Africa’s Oil Nations The International Monetary Fund (IMF) on Tuesday said COVID-19 economic implications, both in...
Oxford University Commences First Human Trials of COVID-19 Vaccine in South Africa Oxford University in Partner with the University of Witwatersrand has rolled out the first...
South Africa Says is Not Joining Debt Relief to for African Nations South Africa, Africa’s second-largest economy, has said it won’t be joining the collective discussion...
Niger, Benin Owing Nigeria a Total Sum of N32.1 billion for Electricity The Nigerian Electricity Regulatory Commission (NERC) on Monday said Niger Republic and the Republic...
AfDB Succumbs to Pressure, Orders Fresh Independent Probe of Adesina The African Development Bank has finally succumbed to U.S pressure to conduct a fresh independent probe...
Why China Won’t Write Off Debt for Nigeria, Other Sub-Saharan Countries After years of defaults and debt write-offs by several multilateral and bilateral institutions, China, Africa’s...
China More Likely to Agree to Moratorium Than Let Go Africa’s $152bn Debt Despite calls by global experts for both multilateral and bilateral creditors to consider...
Nigeria and Other African Nations to Lose $200bn to COVID-19 – IMF The International Monetary Fund has said Nigeria and other Sub-Saharan Africa may lose around...
Debt Relief: African Finance Ministers Commence Talks With Creditors African finance ministers have commenced talks with private creditors on how to temporarily suspend debt payments without...