Fitch Ratings downgraded Afreximbank's Long-Term Issuer Default Rating (IDR) from ‘BBB’ to ‘BBB-’ with a Negative ...

BRICS+ leaders meet in Rio amid global power shifts and internal divisions. Discussions focus on reforming international ...

As the BRICS summit opens on 6 July in Rio, the group – which sees itself as the voice of the Global South – is drawing in ...

The landscape of external funding flows to sub-Saharan Africa (SSA) has evolved significantly over the past two decades. This paper provides an overview of the non-official external financing sources, ...

The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit Facility program to roughly $1.87 billion. • The new ...

IMF has called on Ruto's administration to establish a clear and transparent framework for its ongoing privatisation of State ...

MTN Nigeria launched a 100 million naira startup accelerator starting September The 12-week program offers funding, mentorship, and tech access It supports MTN’s broader push for digital skills and ...

Nigerian Bishop Mathew Hassan Kukah of Sokoto says the global financial system is outdated and failing people,” particularly ...

The IMF is waiting for a new inventory of public debt. It believes the report by Senegal’s Court of Auditors is incomplete.

The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan ...

The International Monetary Fund said it remained engaged with Senegal as the West African country's prime minister promised a recovery plan to clean up billions in debts that were not disclosed by the ...

With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt ...