Tag Archive

Liberia: GOL, AfDB Sign U.S.$40m Loan for MRU Road Development and Transport Facilitation Project Phase 1

By AllAfrica News: Economy, Business and Finance

[FrontPageAfrica] Monrovia — On Friday, March 1, 2024, the Government of Liberia and the African Development Bank (AfDB) signed a US$40 million loan agreement for the Mano River Union Road Development Transport Facilitation Phase 1.

Liberia: Govt, AfDB Sign U.S.$40 Million Loan

By New Republic

[New Republic] The Government of Liberia through the Ministry of Finance,Development Planning and the African Development Bank have signed a US$$40 million loan agreement for the Mano River Road Development Transport Facilitation Phase 1 project.

Nigeria: Nigerian Govt Offsets $120 Million Debt to Gas Companies

By AllAfrica News: Economy, Business and Finance

[Premium Times] “The arrears gas producers are owed as of last year was about $ 1.3 billion. But between October 2023 and the end of January, the government has paid over $120 million to offset some of that money,” an official said.

Africa: Africa’s Debt Crisis Needs a Bold New Approach – & a Way Forward

By AllAfrica News: Economy, Business and Finance

[IPS] Pretoria — It hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years.

Africa: Africa’s Debt Crisis Needs a Bold New Approach – & a Way Forward

By AllAfrica News: Economy, Business and Finance

[IPS] Pretoria — It hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years.

Southern Africa: South Africa Urgently Needs a Debt Ceiling

By AllAfrica News: Economy, Business and Finance

[The Herald] A debt ceiling ‘of around 64 percent of gross domestic product would be appropriate for South Africa, along with some unpopular decisions to get it down from the current 74 percent

Zimbabwe: Zimbabwe’s External Creditors Slammed for 55% Interest On Principal Debt

By AllAfrica News: Economy, Business and Finance

[New Zimbabwe] A huge chunk of the country’s external debt has been worsened by exorbitant Principal Arrears (PRA) and Interest Rates (IRA) which in turn subdues the country’s repayment efforts, Zimbabwe Coalition on Debt and Development (ZIMCODD) has …

Zimbabwe: Govt to Raise Zw$ 9 Trillion Amid Debt Crisis

By AllAfrica News: Economy, Business and Finance

[263Chat] The government is set to borrow ZW$ 9 trillion, approximately US$640 million, largely from the domestic market to cover its 2024 budget gap, a move many fear may rattle the local financial market.

Africa: Africa’s Debt Crisis Needs a Bold New Approach – Expert

By AllAfrica News: Economy, Business and Finance

[The Conversation Africa] It hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years.

Nigeria: Ogun Waste Managers Threaten to Withdraw Services Over Huge Debt

By AllAfrica News: Economy, Business and Finance

[Premium Times] “The money being owed members, puts over 1000 direct and indirect jobs on the line should they close shops due to lack of funds to continue operations.”