Follow AllAfrica News: Debt, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/all-africa-news-debt Thu, 07 Dec 2023 12:09:53 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0Fnzxc_Y5cvZJTpfXVttXD [Reporter] The federal government sighs relief as external creditors approve a proposal for a two-year pause in foreign debt payments, allowing what the Paris Club says is "time-limited liquidity relief ahead of discussions on a wider debt treatment."]]> Wed, 06 Dec 2023 12:06:54 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0Fnzxc_Y5cvZJTpfXVttXD https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2V0EL30nH8VS1Ly282xAAw [IMF] Washington, DC - December 4th, 2023: The Executive Board of the International Monetary Fund (IMF) completed the first reviews under the Extended Credit Facility (ECF) [1] Arrangement and the Extended Arrangement under the Extended Fund Facility (EFF) [2] for Côte d'Ivoire.]]> Tue, 05 Dec 2023 15:03:25 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2V0EL30nH8VS1Ly282xAAw https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0itcbVHHzOs-4DA87rvhPr [COSATU] Special Note: Happy 37th Anniversary to COSATU. Formed December 1985]]> Mon, 04 Dec 2023 18:37:05 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0itcbVHHzOs-4DA87rvhPr https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0Xr3Exuw3bhxtLdxSOwF-n [Vanguard] The Nigerian Ports Authority (NPA) has explained how INTELS Nigeria Limited waived $193 million as part of deliberate and conscious effort to resolve the stalemate on the pilotage contract with the federal government.]]> Mon, 04 Dec 2023 11:30:27 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0Xr3Exuw3bhxtLdxSOwF-n https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0UeiUUDhRFhntuT6pSmY81 [ISS] Failure of the protracted negotiations casts doubt on the G20 Common Framework for Debt Treatment.]]> Mon, 04 Dec 2023 06:57:41 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0UeiUUDhRFhntuT6pSmY81 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3bgbQRIn0-4ovmyuk5fxzE [ENA] No country can effectively confront the climate challenge if debt is a burden, Prime Minister Abiy Ahmed noted in his speech to the United Nation's Climate Change Conference (COP28) today.]]> Sat, 02 Dec 2023 11:10:20 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3bgbQRIn0-4ovmyuk5fxzE https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3WosqvHrqYRLG7Iy_4u0x9 [allAfrica] Despite contributing a mere 4% of global greenhouse gas (GHG) emissions, Africa disproportionately bears the brunt of climate change's devasting impacts. In fact, Just Transition Africa emphasises that Africa is especially vulnerable owing to its debt burden, high levels of poverty and absence of food, water and energy security.]]> Thu, 30 Nov 2023 09:15:50 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3WosqvHrqYRLG7Iy_4u0x9 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3KuUj2GXEEaN3hDS9njgCr [The Conversation Africa] Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education and social services and deal with climate change. Its president, Hakainde Hichilema, has warned that the situation threatens to undermine its democracy.]]> Wed, 29 Nov 2023 10:21:35 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3KuUj2GXEEaN3hDS9njgCr https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp11lm9FjyhfR6vLeqE6yv18 [ENA] Addis Ababa -- The Government of Ethiopia has registered better achievements in controlling budget deficit and debt payment restructuring during the past three months of the Ethiopian fiscal year.]]> Fri, 24 Nov 2023 09:19:17 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp11lm9FjyhfR6vLeqE6yv18 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2xyhD6dlSj4qvLeqE6yv18 [FrontPageAfrica] Monrovia -- Liberia faces a setback as the World Bank suspends its access to "unwithdrawn loans" due to the George Weah administration's failure to service previously disbursed loans, marking a significant development in the country's financial landscape.]]> Thu, 23 Nov 2023 14:25:37 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2xyhD6dlSj4qvLeqE6yv18 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3wcNKx-NUPGiVCAQLB0bf5 [Premium Times] The 110 former staff members of ABU Zaria obtained a N2.5 billion court judgement in 2015 following their unlawful disengagement by the university in 1996.]]> Mon, 20 Nov 2023 08:30:50 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3wcNKx-NUPGiVCAQLB0bf5 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1XcbU9m90nHWw5Ur-z5Bww [Ghanaian Times] Riyadh, Saudi Arabia -- The Saudi Fund for Development (SFD) on Thursday signed over $580m development loan agreements with 12 African ministers to implement 14 new development projects in various parts of the continent.]]> Fri, 17 Nov 2023 17:37:48 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1XcbU9m90nHWw5Ur-z5Bww https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0ze5TlEKR7c0TXPGaG87AR [Capital FM] Nairobi -- Kenyan debt has increased to Sh10.6 due to the uptake of domestic and international loans as well as currency fluctuation.]]> Fri, 17 Nov 2023 08:31:36 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0ze5TlEKR7c0TXPGaG87AR https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3FT3qDXIeyqwSngkwrdsok [Capital FM] Nairobi -- The government intends to pay $300 million of the $2 billion Eurobond in December that is due for payment in June 2024.]]> Thu, 09 Nov 2023 20:46:13 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3FT3qDXIeyqwSngkwrdsok https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1Xr6YO0bnkZ31d0VB8z-7c [Capital FM] Nairobi -- President William Ruto has revealed that the country has made positive steps to deal with debt distress saying they will make a US$300 million payment in December 2023 towards the US$2.0 billion Eurobond maturing in June 2024.]]> Thu, 09 Nov 2023 19:29:06 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1Xr6YO0bnkZ31d0VB8z-7c https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3IxbYo7dF_L4MOI2eu70Rg [AIM] London -- Credit Suisse on Tuesday withdrew from the trial taking place in the London High Court on the case of Mozambique's "hidden debts'.]]> Thu, 09 Nov 2023 09:43:33 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3IxbYo7dF_L4MOI2eu70Rg https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0dOaeMiQslLwp41t9tiERU [allAfrica] When some people living in the Global North hear of the poverty level of less than $2 per day by the United Nations and extreme poverty line of $2.15 per day as defined by the World Bank, they wonder how people survive on such amounts. This is understandable if one views poverty through the lens of the Global North. However, this is far-removed from reality. The one-size-fits-all approach to measuring poverty fails to account for contextual variations in the cost of living (including housing,]]> Tue, 07 Nov 2023 09:14:59 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0dOaeMiQslLwp41t9tiERU https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0T23gwmMxNEXKSkciKEY1s [ANGOP] Luanda -- The International Monetary Fund (IMF) predicts that Angola's economy will grow in 2024 to over 3 percent, which will accelerate the diversification of the country's economy, the IMF's resident representative in Angola, Victor Lledo said Wednesday.]]> Thu, 02 Nov 2023 16:47:23 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0T23gwmMxNEXKSkciKEY1s https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1YVyoBtJz1ITRQaTQYXBS9 [IMF] End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.]]> Thu, 02 Nov 2023 12:40:49 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1YVyoBtJz1ITRQaTQYXBS9 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2N3ilaVXFWfFT72x6uxjiK [ISS] China isn't the main cause of Africa's debt crisis, but concerns about transparency and collateral agreements cannot be ignored.]]> Thu, 02 Nov 2023 12:29:01 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2N3ilaVXFWfFT72x6uxjiK