A report by Afreximbank reveals that African countries’ defaulted loans hit a record $149.4 billion in 2022, driven by rising borrowing costs and...

Angola’s long-running financial relationship with China has been built on a simple equation: Angola would repay its growing Chinese debt with oil,...

Angola’s long-running financial relationship with China has been built on a simple equation: Angola would repay its growing Chinese debt with oil,...

Ottawa Tourism released its 2023 Economic Impact Study earlier this month, which found the city’s tourism industry provided $3.1 billion for the...

BEIJING: Chinese leader Xi Jinping pledged on Thursday more than US$50 billion in financing for Africa over the next three years, promising to deepen...

BEIJING: Chinese leader Xi Jinping pledged on Thursday more than US$50 billion in financing for Africa over the next three years, promising to deepen...

A bit of history Islamic finance during the time of the Prophet Muhammad was characterized by real transactions such as sale on credit and...

A bit of history Islamic finance during the time of the Prophet Muhammad was characterized by real transactions such as sale on credit and...

In a significant announcement that could reshape economic dynamics on the African continent, China has pledged a staggering $51 billion in financial...

In a significant announcement that could reshape economic dynamics on the African continent, China has pledged a staggering $51 billion in financial...