The rising number of maturities on bonds and deteriorating financial conditions will increase financing pressures on lower-rated African sovereigns as they seek to roll over debt in the coming decade, warns Moody’s Investors Service.
Capital importation into Nigeria dropped from $23.99bn in 2019 to $6.7bn in 2021 and continues to fall. What is behind the decline and what are the prospects for reversing it?
The coming debt crisis has been predictable, but not for the reasons that many assume. High-fertility countries will be worst hit, argues Renaissance Capital's global chief economist.
Ghana has launched its new development bank, which aims to provide long-term, competitively priced loans to SMEs who have long been deprived of adequate financial support
The COP26 climate change summit fell short of delivering fully on its promise to support for sustainable energy and other climate change measures in Africa. Can COP27 in Egypt make up for the shortcomings of Glasgow?
A new report by S&P Global Ratings says some countries will be severely hit by the impact of the global food crisis, with potential effects on their sovereign credit ratings.
Jersey is a true international financial centre. Our special report reveals how it offers a stable home for African wealth in a world that is becoming more uncertain by the day.
Critics are calling on CBN governor Godwin Emefiele to resign after his failed bid to compete in next year's elections, arguing that the bank's independence has been damaged.
