Nigeria: Electricity – Nigerian Govt Offsets $120 Million Debt to Gas Companies
"The arrears gas producers are owed as of last year was about $ 1.3 billion. But between October 2023 and ...
Tag: Debt
Africa: The South Must Unite to End Debt and Shape a New Economic Order
The inequities of the global financial system have changed little for decades. What's new, with the climate crisis, is the ...
The Coming Debt Crisis
In its latest World Economic Outlook, the International Monetary Fund (IMF) reported that a rising share of countries – 56pc ...
Ethiopia: Holistic Approach Vital to Ease Ethiopia’s External Debt Stress
Despite the propensity of the administration of Prime Minister Abiy Ahmed (PhD) to paint a rosy picture about the state ...
Somalia has reached its debt relief milestone. Now the real work begins | Dr Hassan Sheikh Mohamud, president of Somalia
Debt relief is just the beginning of real change for Somalia. The country has been suffocating under the huge weight ...
Somalia Achieves Historic Debt Relief Milestone Under HIPC Initiative, Securing US$4.5 Billion – Somali National News Agency
New York, SONNA – The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have marked a ...
Kenya’s Debt Distress Averted as Economy Gains Stability, Says President William Ruto
Nairobi — President William Ruto has announced that Kenya has successfully averted the threat of debt distress, emphasizing that the ...
Somalia Achieves Significant Debt Relief. Global Lenders Agree to Write Off $4.5 Billion – Somali National News Agency
In a development for Somalia’s economy international lenders have agreed to forgive $4.5 billion of its debt. This historic decision ...
The Global South’s Debt Crisis Thwarts Climate Ambition
This year’s United Nations Climate Change Conference (COP28) in Dubai would be decisive for the “Loss & Damage Fund” established ...
PM Abiy says Ethiopia’s Foreign Debt is Decreasing –
Prime Minister Abiy Ahmed Addis Ababa, November 14, 2023(Addis Walta) – Prime Minister Abiy Ahmed (Ph.D.) has announced that the ...
