By Karin Strohecker LONDON (Reuters) – Wall Street banks are raising their outlook for emerging markets’ hard-currency bonds as a…
IMF says Chad debt deal cuts risks, protects against oil price fall
By Andrea Shalal WASHINGTON (Reuters) -The head of the International Monetary Fund on Sunday welcomed a long-awaited debt deal by…
Global debt levels rose ‘substantially’ in 2021 – World Bank’s Malpass
By Andrea Shalal WASHINGTON (Reuters) – Debt levels among low- and middle-income countries rose sharply in 2021, with China accounting…
World Bank’s Malpass criticizes Chad creditors’ plan for failing to reduce debt
By Andrea Shalal WASHINGTON (Reuters) -World Bank President David Malpass on Friday said he was deeply concerned about Chad’s longer-term…
Chad agrees debt plan with creditors, including Glencore
By Mahamat Ramadane N’DJAMENA (Reuters) -Chad has reached an agreement with its creditors, including Swiss commodities trader Glencore, paving the…
Orange launches first African 5G network in Botswana
JOHANNESBURG (Reuters) – French telecoms group Orange launched a new 5G network in Botswana on Friday in a first step…
Ghana creditors close to formalizing a group for debt talks -sources
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Some holders of Ghana’s international bonds are close to formalizing…
Court rejects Nigeria’s compensation request against Eni, Shell
By Alfredo Faieta and Francesca Landini MILAN (Reuters) – An appeals court in Milan on Friday rejected Nigeria’s $1.092 billion…
Ghana’s finance minister set to present budget despite calls for dismissal
By Christian Akorlie ACCRA (Reuters) – Ghana’s embattled finance minister Ken Ofori-Atta plans to present his 2023 budget statement this…
VW South Africa looks to Asia, Latam as Europe shifts to EVs
By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its…