THE START of operations at a $20bn oil refinery in Nigeria in 2024 showcased a vision of development that is popular among Africa’s elites. Its owner, Aliko Dangote, who is also the continent’s ...
Ghana and Zambia’s official creditors are pressing them to default on loans to two African multilateral financial institutions: the African Export-Import Bank (Afreximbank) and the Trade and ...
The shock of the Middle Eastern conflict to the African economy could be modest, the African Development Bank said on Monday, although it worsens an outlook already weakened by debt burdens, ...
A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development. Preferred creditor status is a ...
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