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

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 ...

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.

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 ...

Instead, the country’s budgetary resources have often been wasted on corruption. Mozambique ranks 146th out of 180 in the ...

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

Amílcar Cabral, who galvanized Guinea-Bissau and Cape Verde in their fight against Portuguese colonialism, was assassinated ...

Source: Affordable external funds key to NDS2 long-term projects | The Herald (Top Stories) Africa Moyo Deputy National ...

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

Nedbank plans to sell its 21.2% stake in Ecobank, citing regulatory uncertainty and lack of expected synergies.