Public Debt
President Ruto says Kenya will not default on its debt payment
Amidst fear of a potential default for sub-Saharan African countries, Kenya's president explains why his country will not default
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What Nigeria’s next President needs to do – Kingsley Moghalu
Nigeria's next President needs to restructure debt, remove fuel subsidies, tackle security challenges, and pursue other economic imperatives
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OFFICIAL: Nigeria has no plans to issue Eurobonds in 2023 – Zainab Ahmed
Nigeria's Minister of Finance, Zainab Ahmed, has confirmed that the government has no plans to issue Eurobonds in 2023.
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Eurobond addiction in West Africa has a heavy price
A funded rescue plan needs to be developed to avoid a systemic debt disaster
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Ghana reaches $3 billion bailout agreement with IMF
After months of sliding economic fortunes in Ghana, the country can now breathe a sigh of relief from an IMF...
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Nigeria Eurobonds rally in November as investors take advantage of higher yields
Back in October, Nigeria's Eurobond hit junk territory as fear mounted over its fiscal crisis.
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Nigerian banks invest additional N1.55 trillion in Treasury Bills in one year
The treasury bills rate has witnessed a significant increase in recent times on the back of multiple MPR upward adjustments...
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Ghana’s international bondholders could lose as much as 30% due to debt restructuring
The debt restructuring is intended to help Ghana meet sustainability requirements to qualify for the IMF bailout it has been...
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Ghana plans to buy oil with gold rather than dollar reserves
The decision is intended to address Ghana's declining foreign exchange reserves
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Economy Roundup: Inflation soars as 63% of Nigeria’s population becomes multidimensionally poor
This is a summary of the major economic news stories during the week that ended on November 19
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