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 ...

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

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, ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

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

The Democratic Republic of Congo (DRC) has received the second instalment of a $1.7 billion loan from the International Monetary Fund (IMF) under the Extended Credit Facility, totalling $261.9 million ...

All eyes are on Rio de Janeiro, Brazil as the city prepares to welcome Heads of State and delegations from across the world ...

MONROVIA – Former Finance and Development Planning Minister Samuel D. Tweah has called on the Government of Liberia to redirect its investigation of the COVID-19 stimulus fund to the World Food ...

Ever since BRICS was founded more than a decade ago, the group of emerging-market nations has struggled to identify a common ...

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 ...

ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project • Lagos-Calabar highway seen boosting regional trade and investment • Part of broader plan to modernize Nigeria’s transport ...