African Debt Crisis

China’s African influence fuels growth, raises debt, and spurs debate over sovereignty and economic sustainability.

The African Development Bank calls for urgent action to address Africa’s mounting debt crisis, urging for faster debt resolution, favorable lending terms, and increased investment to prevent a lost decade …

In a significant financial development, Ethiopia has joined the ranks of African defaulters, following its failure to meet an interest payment. This incident marks a crucial point in the nation’s …