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African countries' public debt service forecasted to average 137.4% of their annual climate financing needs by 2030, says a report by the Institute for Economic Justice. Despite Africa’s overall ...

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 30 May 2025 - Traders and investors alike are unnerved by the recent turbulence in the bond markets. After Moody's—a ...

DODOMA: TANZANIA’S commitment to economic diplomacy is yielding significant gains, marked by remarkable growth in trade, ...

Developing countries owe billions to China, which threatens to undermine poverty reduction efforts and fuel instability, ...

The story quotes Reserve Bank of Malawi Governor Dr. Mafuta Mwale, who claims that Malawi is “still paying off loans acquired as far back as the 1970s,” which is “severely limiting public service ...

Kenya’s economic growth rate is expected to slow for the second straight year amid headwinds from tight public finances and high debt levels, the World Bank said. The Washington-based lender ...

NAIROBI, May 27, 2025—Kenya’s fiscal policy could be better used to create more and better jobs, strengthen the social contract with Kenyan citizens, provide better public services, and spur inclusive ...

NAIROBI, May 27 (Reuters) - The World Bank has cut Kenya's growth forecast for this year by half a point from its initial prediction to 4.5%, it said on Tuesday, citing high levels of debt ...

SYDNEY (Reuters) -The world's poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade earlier at the peak of Beijing's Belt and Road Initiative ...

Chinese developer Country Garden Holdings Co. ’s efforts to win backing for a $14.1 billion offshore restructuring are running into resistance as key bank creditors say failure to accept some of their ...