The UK government faces mounting financial strain as public sector borrowing continues to exceed expectations. Recent figures revealed a £10.7...
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Interest payments on long-term debt in sub-Saharan Africa surged nearly sevenfold between 2010 and 2023, reaching $26 billion, according to the World Bank. The sharp rise coincided with the region’s foreign borrowing doubling to $864 billion. Countries like Mozambique and Senegal were particularly affected by the debt pressure, which has left some nations allocating more…
The UK government faces mounting financial strain as public sector borrowing continues to exceed expectations. Recent figures revealed a £10.7...
The UK government faces mounting financial strain as public sector borrowing continues to exceed expectations. Recent figures revealed a £10.7...
Missed disbursements from the International Monetary Fund complicate the Kenyan government's strategy of lowering its debt-servicing costs and could...
Cameroon’s public debt climbed 7.8% in 2024, reaching CFA14.237 trillion by the end of December—about 45.6% of the country’s GDP. The latest...
Cameroon’s public debt climbed 7.8% in 2024, reaching CFA14.237 trillion by the end of December—about 45.6% of the country’s GDP. The latest...
By Wei Hongxu Amidst the concerns over the possibility that the U.S. economy may fall into recession, European stock markets have performed better...
Ethiopia has reached an agreement with its official creditors to restructure $8.4 billion in international debt, marking a major step in its economic...
Ethiopia has reached an agreement with its official creditors to restructure $8.4 billion in international debt, marking a major step in its economic...
Ethiopia has reached an agreement with its official creditors to restructure $8.4 billion in international debt, marking a major step in its economic...
Ethiopia has reached an agreement with its official creditors to restructure $8.4 billion in international debt, marking a major step in its economic...