economic crisis Archives - Page 2 of 3

Ethiopia seeks debt relief amid economic crisis

Ethiopia is grappling with a severe debt crisis, seeking relief through restructuring.

Ethiopia’s government faces criticism from bondholders over its proposed 20% reduction in the principal of its $1 billion bond.

Amnesty International accuses Nigerian security forces of killing at least 21 protesters during demonstrations against economic hardship.

President Bola Tinubu’s administration is facing increasing pressure as Nigerians plan mass protests against economic hardship.

Frustrated Nigerians are set to take to the streets to demand an end to bad governance and economic hardship.

The closure of a key Tunisia-Libya border crossing, a hub for smuggling, has devastated the Tunisian desert town of Ben Guerdane.

Ghana secures $360M IMF aid tranche to tackle economic challenges and promote inclusive growth.

Ghana aims to fast-track debt restructuring talks with bondholders to secure IMF funds and overcome its worst economic crisis.

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

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