AllAfrica News: Debt

Addis Abeba -- Ethiopia's House of People's Representatives has approved a $738.2 million loan to South Sudan for the construction of a major cross-border highway aimed at connecting the two cou...

https://allafrica.com/stories/202411050490.html

Viral 'U$57.5bn loan' to Nigerian Biafra secessionists not true

https://allafrica.com/stories/202411050431.html

Financial literacy is vital for individuals and households. Simply put, it's the ability to understand and effectively use various financial skills: budgeting, managing debt, making sound invest...

https://allafrica.com/stories/202411040017.html

New City of Tshwane Mayor Nasiphi Moya outlined her 100-day plan on Wednesday to improve the city's finances, revitalise the economy and prioritise service delivery.

https://allafrica.com/stories/202411010066.html

National Treasury has warned that municipalities' slow compliance with conditions of the debt relief programme on arrears to Eskom risk delaying debt write-offs.

https://allafrica.com/stories/202410310212.html

Finance Minister Enoch Godongwana has told Parliament that in order for government to achieve its goals of, amongst others, inclusive growth and reducing unemployment, the country must better ma...

https://allafrica.com/stories/202410310209.html

Nairobi -- The International Monetary Fund (IMF) has approved a disbursement of Sh78 billion (US$605 million) to assist Kenya in bolstering its fiscal and external buffers and enhancing resilien...

https://allafrica.com/stories/202410310009.html

Addis Abeba -- The Board of Directors of the International Finance Corporation (IFC) is set to vote on a financing package of up to $20 million in secured loans for Abyssinia Group of Industries...

https://allafrica.com/stories/202410300386.html

All efforts by GPC Energy and Logistics Limited, to discharge a restriction order placed on it's accounts in 36 banks in Nigeria, by a Lagos Federal High Court, seem to have failed to yield desi...

https://allafrica.com/stories/202410230546.html

Washington DC -- On Friday the 11th, the IMF announced policy changes that will save developing countries $1.2 billion per year. Despite the self-congratulations and fanfare, these reforms are o...

https://allafrica.com/stories/202410230453.html

S&P Global Ratings predicts an increase in foreign-currency debt defaults among sovereign issuers over the next decade, driven by significantly higher debt levels and increased borrowing cos...

https://allafrica.com/stories/202410150558.html

Ahead of the 2024 UN Climate Change Conference (COP 29) in Baku, Azerbaijan, Nigerian environmental organisations have called on the country's delegates to demand reparations for climate debt an...

https://allafrica.com/stories/202410140047.html

PROPHETIC Healing and Deliverance (PHD) Ministries founder and entrepreneur, Walter Magaya is set to lose 3,2323 hectares of land after failing to settle a US$420 140 debt, which he owes Getbuck...

https://allafrica.com/stories/202410140038.html

Special groups in Mpanda Municipal Council have been urged to seek professional advice on loan usage to make informed and strategic decisions that maximise returns while minimising risks.

https://allafrica.com/stories/202410090429.html

Nairobi -- Broadcasting and Telecommunications Principal Secretary Edward Kisiang'ani today announced the government's commitment to settling Sh1.6 billion in pending bills owed to the Postal Co...

https://allafrica.com/stories/202410090395.html

In a bold move that has raised eyebrows across Malawi, President Lazarus Chakwera met with IMF Managing Director Kristalina Georgieva to discuss strategies aimed at boosting economic growth.

https://allafrica.com/stories/202410080160.html

THE Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ says the majority of civil servants are taking home a paltry US$80 per month due to loan deductions.

https://allafrica.com/stories/202410080039.html