Senior Chinese authorities have continued to defend their stance on Africa's debt trap, insisting that they are not deliberately setting a debt trap for African countries. Senior Chinese authorities ...

African leaders and investors are aligning around the strategy of using fund-of-funds structures, governance reform and ...

Nine African countries tapped the bond market in 2024 and all were oversubscribed, demonstrating growing investor confidence ...

South Africa risks a debt trap after years of lax budget discipline, but following through with plans for a fiscal rule to control borrowing will put it back on track, the central bank said. The ...

Malema’s warning comes amid rising debt concerns in several African countries, including Nigeria and Ethiopia, where loan repayments have eaten into national revenues. Julius Malema, South African ...

Accra, May 12, GNA – President John Dramani Mahama has given his fellow African leaders a reflection and lessons on Ghana’s journey in debt restructuring at the ongoing African Union Conference on ...

As Black Friday continues to gain momentum in South Africa, the 2024 edition witnessed a substantial surge in consumer spending. Capitec reported a 27% year-on-year increase, with clients collectively ...