On4, Bangladesh’s Nobel Peace Prize winner, Muhammad Yunus, was sworn in as the interim chief adviser of the country. Here’s ...

After reaching as high as 18% on April 9, the bid yield on Mozambique’s US$900m 9% Eurobond due in September 2031 has come down to 13% with a bid price of 87.125 as of August 7, according to LSEG data ...

Mozambique’s government debt fell to 91% of GDP in 2024 from 97.7% in 2023, mostly reflecting the out-of-court settlements ...

According to Fitch Ratings, the suspension of USAID support to Mozambique, which represented the equivalent to 3% of ...

The rating agency Fitch recognises that the suspension of US aid to Mozambique by USAID also had an impact on the foreign currency shortage ...

The World Bank has advised Zimbabwe to seek the support from the Group of 20 wealthiest nations (G20) in order to resolve its ...

The Meltwater Entrepreneurial School of Technology (MEST Africa) launches the MEST Africa Challenge 2025 in partnership with ...

The protests erupted in response to austerity measures imposed by the long-ruling Popular Movement for the Liberation of ...

The International Monetary Fund (IMF) has upgraded its global growth forecasts for 2025, citing a weakened dollar, financial resilience in the face of economic headwinds, as well as the White ...

Economic Outlook IMF lifts U.S. growth outlook on lower tariffs and upbeat markets The global economy is expected to decelerate ...

By Portia Crowe and Libby George DAKAR/LONDON (Reuters) -Senegal is grappling with billions of dollars in debt that was hidden by the previous administration. Prime Minister Ousmane Sonko is expected ...

The International Monetary Fund plans a mission to Senegal in August to address hidden debt and start talks on the "contours" of a new loan programme, it said on Thursday.