By Carlos Lopes As we approach the global annual climate change conference, COP29, the need for increased public finance from the global north to address climate...
By Gregory Simpkins Debt is a cancer that eats away a government’s ability to manage its economic affairs. It prevents governments from providing required social services,...
By Danilo Desiderio Control Risks and Oxford Economics Africa recently released the 2024 edition of the Africa Risk-Reward Index, which provides a comprehensive analysis of the...
Reuters | Kenya’s finance ministry will seek suggestions from the public on new legislation to boost revenue and tackle other challenges, Finance Minister John Mbadi said...
Bloomberg | Ethiopia has earmarked several billion dollars to cushion the cost-of-living impact of economic reforms being implemented to win support from the International Monetary Fund...
By Mary Alorh Earlier this year, we Ghanaians were informed of the ‘good news’ that the IMF had released the second tranche of US$600 million as...
Reuters | Africa needs quicker debt restructurings, more favorable lending terms and some $25 billion for the Africa Development Fund to avoid a lost decade, the...
By Daniel Bradlow It hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years. Recent events suggest...
By Bob Kikuyu The positioning of the African Union (AU) Summit at the front of the calendar year serves well as a platform to sound the...
Bloomberg | There is no place like home for African governments shut out of global debt markets by crises that have made foreign borrowing too expensive....
Bloomberg | The African Development Bank (AfDB) Group is in discussions to back a new debt-for-nature swap, marking its entry into a fast-growing corner of the...
Bloomberg | Kenya plans to repurchase at least half of its US$2 billion eurobond that’s maturing in June 2024 before the end of this year, President...
By XN Iraki In the run-up to Kenya’s 2022 polls, economic issues, particularly public debt, and joblessness, took center stage. The Kenya Kwanza team led by...
Xinhua | Like many senior U.S. officials who have visited Africa, U.S. Treasury Secretary Janet Yellen did not fail to target China and raise concerns about...
By Gregory Simpkins In the United States, the annual struggle over exceeding the debt limit has begun early. Republicans in the House of Representatives pledge to...
Reuters | Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that...
How real are these debt crisis claims? Is Ghana really in a debt crisis?
Jamaica plans to sell US$800 million of dollar bonds in its first overseas sale since 2011, according to an official familiar with the offering. The Caribbean...
The African Development Bank is considering three ways it could help Zimbabwe clear its huge debts. The bank also says it will settle on a rescue...
Angola remains a key economic performer in the continent despite a change in its global rating. “We first put Angola on a positive outlook way back...
Former Finance Minister Audley Shaw (r) with the then Prime Minister and current opposition leader Andrew Holness. PHOTO/Jamaica Gleaner (Reuters) – Jamaica’s opposition leader fended off...
Agreement Supports RLJ Financials’ Plan to Provide Viable Alternative to Payday Lending for Consumers in Need of Short Term and Emergency Borrowing (PRNewswire) – Bethesda, Maryland...
Two of the biggest trade unions in Jamaica have signed a contract with the government to freeze wages for state workers for three more years. The...
Jamaica and the International Monetary Fund (IMF) expect to begin negotiations in the coming weeks on a new deal as grim economic forecasts pose significant dangers...
WASHINGTON (AP) - President Barack Obama and top lawmakers resume tense budget talks Monday at the White House, with both sides under pressure to reach a...