All member countries of the G20 group of economic powers are on board for a restructuring of Ghana's debt and Paris Club members are ready to take the first step toward forming a creditor committee, an official from the Paris Club said on Thursday.
South Africa's Reserve Bank is expected to raise interest rates for the last time in this cycle in anticipation of slower inflation, adding 50 basis points on Jan. 26, a Reuters poll found on Thursday.
The Burkinabe women who were abducted last week by jihadist militants in the Burkina Faso's northern Soum province, have recounted what they said was a risk taking venture. Speaking to Reuters on anonymity over safety fears, a 25-year old said she managed to escape with her daughter by walking through the bush the whole day. David Doyle has this report.
The Burkinabe women who were abducted last week by jihadist militants in Burkina Faso's northern Soum province, have recounted what they said was a risk taking venture.
Mass graves containing 49 bodies have been discovered in eastern Democratic Republic of Congo, the United Nations said on Thursday, attributing the killings to an ethnic militia group.
Democratic Republic of Congo expects to reach an agreement on overhauling $6 billion of an infrastructure-for-minerals deal with Chinese investors this year, Finance Minister Nicolas Kazadi told Reuters in an interview.
Ethiopia's deputy finance minister said on Thursday that rumours the birr currency would be devalued were "completely unfounded", as the east African country seeks an International Monetary Fund (IMF) loan after an African Union-backed ceasefire.
The Coalition for Epidemic Preparedness (CEPI) will invest up to $50 million over 10 years to help Senegal's Institut Pasteur manufacture vaccines for the Global South, it said on Thursday.
Zambia received a 'debt-for-nature swap' proposal as part of its $13 billion restructuring discussions, a move that while complex to secure and not part of current talks, could set an eco-friendly precedent for other debt crises if eventually included.
Nigeria's debt trajectory is sustainable the country's finance minister said on Wednesday, adding that it planned to bring its key debt service-to-revenue ratio down sharply this year and would not borrow on the international capital markets.
The increasingly prominent head of the Russian private military group Wagner on Wednesday took aim at the Kremlin administration for failing to block the U.S.-owned video sharing platform YouTube.
Ghana's producer price inflation slowed to 52.2% year-on-year in December from 78.1% the previous month, statistics service data showed on Wednesday.
Empty offices globally should be converted to apartments to address a growing housing crisis in many countries, property executives told the World Economic Forum in Davos on Wednesday.
Sanitary police armed with crowbars and a bulldozer set about demolishing makeshift trader stalls crowding downtown streets in the capital of Democratic Republic of Congo ahead of a four-day visit by Pope Francis starting Jan. 31
More than two dozen aid and campaign groups called on Wednesday for international creditors to cancel a large portion of Ghana's debts as it struggles to contend with an economic crisis.
South Africa's headline consumer inflation slowed to 7.2% year on year in December from 7.4% in November, in line with analysts' forecasts, statistics agency data showed on Wednesday.
Mahmood Yakubu, head of Nigeria's electoral commission, said it will not postpone next month's presidential vote despite worries over widespread insecurity including attacks on election officials.
Gambia's Vice-President Badara Alieu Joof has died of illness in India, President Adama Barrow said on Tuesday.
President Felix Tshisekedi on Tuesday said the M23 rebel group had not fully withdrawn from areas it seized in eastern Democratic Republic of Congo (DRC), accusing the militia of faking an agreed pullback of its forces.
South Africa's state-owned power utility Eskom said it would shorten power cuts as 14 generators come back on tap this week, but electricity shortages look set to continue at least into 2024.
Load more
