BEIJING (Reuters) - South African President Cyril Ramaphosa said on Thursday that he did not believe Chinese investments in Africa were pushing the continent into a "debt trap" but were instead part ...

Ghana has secured about US$380 million after the International Monetary Fund (IMF) approved the fifth review under its Extended Credit Facility (ECF) programme .

Ghana has secured about US$380 million after the International Monetary Fund (IMF) approved the fifth review under the ...

South Africa risks a debt trap after years of lax budget discipline, but following through with plans for a fiscal rule to control borrowing will put it back on track, the central bank said. The ...

Nine African countries tapped the bond market in 2024 and all were oversubscribed, demonstrating growing investor confidence ...

China debt-trap: China, which has the mastered the art of gaining a giant foothold in smaller, economically weaker countries by making large investments in its various sectors, has now set its sights ...

Accra, May 12, GNA – President John Dramani Mahama has given his fellow African leaders a reflection and lessons on Ghana’s journey in debt restructuring at the ongoing African Union Conference on ...

Chairperson of the African Union Commission (AUC) Moussa Faki Mahamat speaks at the opening ceremony of the Forum on China-Africa Cooperation (FOCAC) at the Great Hall of the People in Beijing, Sept.

IMF sees SA stability improving but warns debt risk remains severeGrowth stuck near 1% as labour, logistics and governance ...