Zambia’s government announces a milestone agreement, restructuring $3 billion of international bonds in a debt restructuring deal with private creditors.

According to World Bank data, 46% of Nigeria’s population was classified as poor in 2023, with twenty million residing in urban areas

Ghana’s cocoa woes are causing a ripple effect. Falling production slashes exports, shrinks trade surplus, and weakens the cedi.

Facing a crypto crackdown in Nigeria, Binance executives remain in detention despite a court appearance.

A new $3 billion debt restructuring proposal is on the table, raising hopes for a resolution to Zambia’s debt crisis.

The country’s sovereign fund unveils plans for a 20MW solar plant, the initial stage of a 300MW project.

Furthermore, Egypt secured an enhanced $8 billion arrangement with the International Monetary Fund in March

Egypt’s strategic location amidst turbulent neighboring regions underscores its significance for Europe

China and Angola elevated their diplomatic relationship to a “comprehensive strategic cooperative partnership” during a state visit by Angolan President Joao Lourenco.

The negotiations aim to ease the financial strain on the world’s second-largest cocoa producer.

This railway endeavor aims to bolster existing economic and social bonds, fostering enhanced trade and cultural collaboration between the two nations

Resource-backed loans are risky and can lead to exploitation by lenders, the African Development Bank urges a new approach.

The pact reduces tariffs on goods, promotes investment, and aims for economic growth.

The uptick in inflation occurred prior to an anticipated spike resulting from the recent devaluation of the currency

With food inflation at 35 percent, many worshippers struggle to provide for their families.

Fueled by a surge in investor demand and anticipation of lower interest rates, Bitcoin skyrockets to a record high above $70,000.

Adeyemo’s agenda will cover various key topics, including discussions on illicit finance, the transition to clean energy, investment in emerging entrepreneurs and leaders

Foreign investors return to Egyptian treasury bills after a long absence, drawn by high yields following a central bank rate hike and currency depreciation.

Facing economic challenges, Egypt secures a boosted $8 billion loan deal from the IMF to support its reform program.

Gold holds steady at a near three-month high as investors wait for clues from the Fed.

Apple faces $2 billion fine for anti-competitive behavior in music streaming on iPhones.

Thousands of Tunisians took to the streets in Tunis, protesting rising prices and deteriorating living conditions.

African LDCs face hurdles reaching UN development goals. Funding, resources key.

Cairo says $5B transferred as part of investment deal with UAE