Several African countries maintained relatively low debt levels to the International Monetary Fund (IMF) at the start of 2025 ...
A new report by ActionAid, 'Who Owes Who' reveals how African countries are foregoing essential public services such as ...
External debt remains a pressing issue for African economies, affecting financial stability and essential service funding.
Additionally, African countries with minimal debt avoid the difficulties of austerity policies that sometimes accompany big IMF loans, unlike those with heavy debt. These policies, which usually ...
South Africa’s fiscal trajectory paints a concerning picture. Public expenditure exceeds revenue. As a result sovereign debt ...
The African Development Bank has launched a Debt Management Forum for Africa (DeMFA), a platform to manage Africa's debt challenges against the backdrop of rising debt, increasing debt costs, and a ...
The United Nations said on Monday that Angola and Mozambique are among the five African countries most exposed to economic ...
The budget is expected to focus on tax reforms, sustainable development, job creation, healthcare funding, infrastructure ...
Despite relatively low borrowing levels compared to advanced economies, African countries are burdened by exorbitant debt service costs, often referred to as the “African premium”. The high ...
Failing to address the country’s fiscal challenges risks plunging South Africa into a debt trap. This happens when a country finds it difficult to escape a cycle of debt and has to borrow more ...
Ethiopia is in the "final stages" of negotiations with its creditors in an ongoing plan to restructure its debt, its finance ...