Tag: Africa

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African economies debt outlook remains “cloudy” – World Bank economist

The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the...

Nigerian president to commission Dangote refinery in two weeks

Nigerian President Muhammadu Buhari will commission the multi-billion dollar Dangote oil refinery in two weeks, a presidency spokesperson said on Sunday, setting up the...

Sub-Saharan Africa’s biggest economies to grow slower this year: Reuters poll

Sub-Saharan Africa's biggest economies will grow slower this year, crippled by chronic electricity supply problems in South Africa and cash shortages in Nigeria, a...

Women-led companies outperform African stock exchanges

While only a fraction of companies listed on Africa’s 24 stock exchanges have women CEOs, those that are led by women outperform financially by...

Africa venture capital investments dipped slightly in 2022

Venture capital investments in Africa dipped slightly to $6.5 billion last year but avoided the sharp drop seen in most other global regions, data...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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