Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries from May...
The International Monetary Fund has granted immediate debt relief to 19 African countries and six other nations to help deal with the coronavirus pandemic.
The...
The Chairperson of the African Union, Cyril Ramaphosa has appointed four persons tasked with mobilizing international support for Africa's efforts at addressing economic challenges...
Sudan urgently needs $120 million to fight the new coronavirus, the country’s health minister told Reuters on Saturday, amid a shortage of the equipment...
China must do more to help ease the debt burden of African countries facing economic calamity from the coronavirus pandemic, Ghana’s finance minister said.
Africa...
Global auditing firm McKinsey & Company’s is estimating that Africa would lose up to $200 billion in 2020 due to the current coronavirus pandemic.
A...
The Paris Club of creditor nations agreed on Tuesday to restructure Somalia’s debt, including immediately canceling $1.4 billion owed by the impoverished Horn of...
Rwanda has fined over 100 traders in March for hiking food prices and profiting from the coronavirus pandemic.
Other traders and businesses according to the...
