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IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending and reduce its debt to gross domestic product ratio, which is expected to reach almost...

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

Half of the world's 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in...

Ghana fails to reach debt deal with international bondholders

Ghana has failed to strike a deal with two bondholder groups to restructure $13 billion of international bonds, the government said on Monday, dealing...

Nigeria files tax charges against Binance after executive flees custody

Nigeria has filed tax evasion charges against cryptocurrency platform Binance and is seeking an international arrest warrant for the company's regional manager for Africa...

MTN to cut costs and hike prices at Nigeria unit after naira hit

MTN Group's (MTNJ.J), opens new tab Nigeria unit is working on restoring its profitability and strengthening its balance sheet through managing costs and tariffs...

Breaking

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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