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 Mon, 28 Nov 2022 13:39:40 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp12Esat_0Gf-GhamfNIiY2W [VOA] Accra, Ghana -- Ghana's finance minister says the country is at high risk of debt distress as the currency, the cedi, has depreciated against the U.S. dollar, increasing its foreign debt by $6 billion this year alone. Ghana on Thursday announced more spending cuts, including a freeze on government hiring and a hike in the Value Added Tax. It's also looking to buy oil using gold rather than U.S. dollars as the West African country grapples with the worst economic crisis in a generation.]]> Sat, 26 Nov 2022 08:25:08 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp12Esat_0Gf-GhamfNIiY2W https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2Fc7cgdvPFG3OFESPuQWsX [GhanaToday] The Government of Ghana is considering a debt operation to alleviate the pressures on the national budget and restore debt sustainability.]]> Fri, 25 Nov 2022 15:58:22 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2Fc7cgdvPFG3OFESPuQWsX https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0olvyB8XBV_a7VFky8BpXO [allAfrica] Cape Town --  ]]> Wed, 23 Nov 2022 10:17:52 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0olvyB8XBV_a7VFky8BpXO https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0y_WrNV9UaC1w3HFUzDTIP [IPS] Geneva -- In this moment of profound challenge in international relations, it was understandable that the conclusion of the G20 meeting left leaders feeling relieved that the meeting took place without a breakdown. Leaders were justifiably proud too of important steps forward they made including the launch of the new pandemics fund.]]> Tue, 22 Nov 2022 11:43:11 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0y_WrNV9UaC1w3HFUzDTIP https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp05myiDJCwa3PnNuMIJyU22 [Govt of SA] Government notes S&P's decision to affirm South Africa's long term foreign and local currency debt ratings at 'BB-' and 'BB', respectively. The agency maintains the positive outlook.]]> Mon, 21 Nov 2022 16:50:22 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp05myiDJCwa3PnNuMIJyU22 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0I-_CZHVPQ5nMq2h3ehXEp [allAfrica] Sharm el-Sheikh -- Finding sustainable forms of energy is one of the critical global challenges we face when dealing with the climate emergency and that means an urgent move away from fossil fuels.]]> Thu, 17 Nov 2022 13:58:58 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0I-_CZHVPQ5nMq2h3ehXEp https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp26gFLqSKddgOGrEXdXG_66 [Seychelles News Agency] Projections made by the finance ministry for 2022 indicate that Seychelles has a debt-to-GDP ratio of 68 percent, coming down from 92 percent in 2020 when the COVID-19 pandemic greatly impacted the island nation.]]> Tue, 15 Nov 2022 12:51:45 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp26gFLqSKddgOGrEXdXG_66 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2POJUyfv55CbkdRKkm2PJP [Capital FM] Nairobi -- Marsabit, Garissa, and Samburu counties recorded the highest level of debt distress in 2021 attributed to climate-related shocks in the areas, a new survey shows.]]> Mon, 14 Nov 2022 15:10:41 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp2POJUyfv55CbkdRKkm2PJP https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0MnERTaor8sH1d0VB8z-7c [Daily News] MOST women entrepreneurs in the country can easily acquire loans, thanks to friendly conditions set by lenders in their bid to address challenges impeding small scale women traders in accessing financing.]]> Mon, 14 Nov 2022 11:40:00 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0MnERTaor8sH1d0VB8z-7c https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0nNHXnEU_U4u9WSSr4-0sP [Nile Post] The Deputy Governor Bank of Uganda, Michael Atingi-Ego has revealed that Uganda's public debt has hit Shs 80 trillion which is 50% of the Gross Domestic Product (GDP).]]> Thu, 10 Nov 2022 09:23:51 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0nNHXnEU_U4u9WSSr4-0sP https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp11amRRzXkWin-fx8LWuXng [allAfrica] Washington, DC -- The ratings of African governments have enabled a robust Eurobond market for African sovereign bonds with over $300 billion issued in the last couple of decades. Maintaining access to this market has persuaded many African countries not to seek debt relief under the misconceived G-20 Common Framework (CF). Only three African countries have filed to use the Framework - Zambia, Ethiopia and Chad. None of them has an agreement two years after the CF was announced.]]> Mon, 07 Nov 2022 16:11:21 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp11amRRzXkWin-fx8LWuXng https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0gXlasSuwaCOGkz6RCC25z [Egypt Online] President Abdel Fattah El Sisi received on Sunday 6/11/2022 Kristalina Georgieva, Managing Director of the International Monetary Fund and her accompanying delegation.]]> Sun, 06 Nov 2022 19:04:48 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0gXlasSuwaCOGkz6RCC25z https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1M6BlOWY8uQNaXKMm36c-X [ISS] But would Chang prefer to testify in the US rather than return to Mozambique to an uncertain fate?]]> Sat, 05 Nov 2022 11:37:35 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1M6BlOWY8uQNaXKMm36c-X https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3HhRoxIkudulT72x6uxjiK [SAnews.gov.za] Finance Minister Enoch Godongwana has denied reports that the National Treasury's plan to takeover a portion of Eskom's debt will be linked to conditions that the power utility builds new coal, gas and nuclear plants.]]> Fri, 04 Nov 2022 11:33:57 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp3HhRoxIkudulT72x6uxjiK https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0pkr_tCFBe18fGo0LrnZNO [Vanguard] A Federal High Court, sitting Lagos, has ordered Shell Western Supply and Trading Limited to pay into the account of the court's Deputy Chief Registrar the sum of $4.6 million, which Shell keeps for Amni International Petroleum Development Company Limited.]]> Thu, 03 Nov 2022 12:06:31 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp0pkr_tCFBe18fGo0LrnZNO https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959htLdxSOwF-n [The Exchange] Angola's public external debt increased to some US$51 billion in 2021. From the total, the largest amount (US$38.1 billion) was owed to commercial banks and enterprises. Debt with bilateral and multilateral creditors summed up to US$5.4 billion and US$7.6 billion, respectively.]]> Thu, 03 Nov 2022 06:39:36 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959htLdxSOwF-n https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959vdczOo_8W9B [The Exchange] Cabo Verde is one of those countries one hardly gets to hear about.]]> Thu, 03 Nov 2022 06:39:05 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959vdczOo_8W9B https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959u4sICfMfkNm [The Exchange] Debts are quite effective economic tools when used correctly. However, debts have been seen to hold people and nations accountable over time and space and sometimes push developing countries to the edge of economic crisis.]]> Thu, 03 Nov 2022 06:38:35 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959u4sICfMfkNm https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959iRFMxTa8z4W [The Exchange] Namibia's debt-to-GDP ratio has continued rising further above the central government debt ceiling of 35% of gross domestic product as of March 2021.]]> Thu, 03 Nov 2022 06:36:33 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959iRFMxTa8z4W https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959lT72x6uxjiK [The Exchange] The major problem for Ghana now is rising debt, which stands above 80 per cent of GDP and is projected to reach 104 per cent by the end of 2022.]]> Thu, 03 Nov 2022 06:36:00 +0200 https://api.follow.it/track-rss-story-click/v3/B2xtaXFLGp1nGyELKf959lT72x6uxjiK