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Over half of African countries face debt crises
More than half of African countries are either in debt distress or teetering on the edge, showing the continent’s worsening financial predicament, Executive Director-African Forum and Network on Debt ...
Some countries shy away from borrowing from the International Monetary Fund (IMF) due to the conditionalities attached to its loans. Compared to the World Bank Group, Nigeria’s debt to the IMF remains ...
According to the International Monetary Fund (IMF), at least 22 African ... the event acknowledged that: “The African Debt Risk Map identifies several countries under significant financial ...
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade. About four African countries are at risk of debt defaults as mounting debt burdens, ...
However, this is misleading; only six African countries enjoy visa-free entry to Russia, and an update on the status of a proposed visa-free programme for all African countries has not been ...
Vance’s populist backlash is a gesture at a larger, uncomfortable reality: the US-led project of global liberalisation did ...
South Africa The fifth edition of the AFRODAD Media Initiative (AFROMedI V), organised by the African Forum and Network on ...
While the Nigerian Naira has faced significant depreciation in recent years due to inflation, foreign exchange shortages, and economic instability, several African countries have managed to maintain ...