The central bank incurred net forex losses of more than 12 billion birr during the reporting period, and a similar amount the ...

Ethiopia's official creditors expect to finalise within months a draft debt restructuring that gives the government more time ...

NAIROBI (Reuters) - A Kenyan court has ruled that Facebook's parent company Meta can be sued in the East African country over ...

On April 3, 2025, President Donald Trump declared "America's Liberation Day" from the White House Rose Garden and signed an ...

The World Bank’s private investment arm is backing the rush into digital data in Africa with a $100 million investment in regional data centre developer and operator Raxio Group, funding centres from ...

Debt restructuring is a critical component of financial management that can significantly influence the success and ...

Businessman Tony Elumelu has been appointed to an advisory committee at the International Monetary Fund. This latest ...

The International Monetary Fund (IMF) has identified 10 African countries with the lowest debt exposure in its update list on ...

There is reason behind the IMF’s decision to throw its weight behind President Milei, which means partnering with his ...

AFRODAD has criticised the lengthy time taken to resolve debt distress cases, arguing that the current global financial ...