The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.
Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown. The figures, published on the apex bank’s ...
Ghana's new government will make steep spending cuts this year to recover the economy, Finance Minister Cassiel Ato Forson ...
South Africa established an expert panel to address issues in Africa during the country’s chairmanship of the Group of 20 ...
Rather than alleviating financial strain, the China- Maldives Free Trade Agreement (FTA), implemented in January 2025, has ...
Ghana’s Finance Minister, Cassiel Ato Baah Forson, on Tuesday said that the nation faced significant external debt service ...
The Express Tribune on MSN1d
Reserves drop $152m amid debt repayments
Likewise, the price of 10-gram gold rose Rs2,400 and settled at Rs265,174, according to the All Pakistan Sarafa Gems and ...
President William Ruto's administration has rapidly expanded its borrowing, securing KSh 440b in loans within seven months, ...
Nigeria is one of ten African countries that collectively bear 69% of the continent's total external debt, according to a ...
Maldives' external debt stands at $3.4 billion, largely owed to China and India. The immediate concern lies in servicing $600 ...