Tag: debt

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Yellen to push for ‘speedy’ action on debt relief for Zambia, Ghana

U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts,...

Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead

A combination of sticky high interest rates and lacklustre global growth could push a number of emerging economies that are facing soaring refinancing needs...

Factbox: The developing countries facing a debt crisis

The record number of developing nations at risk of a debt crisis will be high on the agenda next week when central bankers, finance...

World Bank president expresses deep concern on Zambia debt restructuring

World Bank President David Malpass said on Tuesday he remained deeply concerned about the debt restructuring stalemate in Zambia and that the bank is...

Ghana and Zambia’s debt restructurings going in “diverging directions” – Citi

Debt restructuring programmes in Ghana and Zambia are going in "diverging directions" due to Zambia's larger exposure to Chinese lenders and its weaker ability...

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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...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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