Ethiopia secured a deal to restructure $8.4 billion in debt, aiming to stabilize its economy after years of financial strain and high inflation.
Ethiopia restructures $8.4 billion in debt to stabilize economy Read More »
Ghana’s government has scrapped several IMF-linked taxes to ease economic hardship, pledging new revenue measures.
Ghana government ends several Covid-era taxes Read More »
The bondholders believe the IMF’s analysis undervalues Ethiopia’s economic fundamentals and overstates the need for debt relief.
Ethiopia bondholders dispute IMF report on solvency concerns Read More »
The budget prioritizes security, infrastructure development, and measures to address the rising cost of living.
Nigerian lawmakers approve $36.6 billion budget for 2025 Read More »
Ethiopia’s Finance Minister has announced that the country is in the “final stages” of negotiations to restructure its sovereign debt.
Ethiopia nears completion of debt restructuring negotiations Read More »
African leaders are planning to push for a recalculation of GDP at upcoming international summits, arguing that current measures fail to adequately reflect the value of their vast natural resources.
Africa pushes for GDP recalculation at G20 despite doubts Read More »
Diageo, the spirits giant, has agreed to sell its 80.4% stake in Guinness Ghana to Castel Group for $81 million.
Diageo sells Guinness Ghana stake to Castel Group Read More »
Zambia’s Securities and Exchange Commission has sanctioned Standard Chartered for mis-selling Chinese property bonds to a local client, according to a source.
Zambia’s SEC penalizes Standard Chartered for bond mis-selling Read More »
Ethiopia has launched a new securities exchange, a significant step in Prime Minister Abiy Ahmed’s efforts to liberalize the country’s economy.
Ethiopia opens stock exchange to boost private investment Read More »
Sudan’s introduction of new banknotes has bolstered the economy and supported the Burhan’s army war efforts, but it has excluded millions from the financial system, drawing criticism.
Burhan’s currency exchange in Sudan excludes millions, critics say Read More »
