Ethiopia’s financial recovery hinges on creditors accepting an 18% loss on defaulted Eurobonds. Bondholders are, however, ...

CBK Governor Kamau Thugge said that CBK's interventions in the foreign exchange market were aimed at smoothing out volatility, not manipulating the shilling's exchange rate for trade advantage.

The United States flagged rampant bribe requests and extortion of American investors by Kenyan government officials in a ...

Kenya recognized Kosovo, a region that broke away from Serbia. in doing so, Nairobi inserted itself in a complex geopolitical ...

Gabon became the first country in Africa to complete a debt-for-nature swap in 2023, when it bought back some of its dollar ...

Already, the country has opened talks with the IMF and World Bank for fresh loans, which will take new urgency.

Kenyans marked International Quds Day with rallies and tree-planting events in solidarity with Palestine despite state ...

An in-depth analysis of IMF's influence on Kenya's economy, exploring debt, policy sovereignty, and the human cost of foreign ...

Prime Minister Shehbaz Sharif has invited both local and foreign investors to capitalise on Pakistan's vast mineral resources, which are estimated to be worth trillions of dollars.Speaking at the ...

The IMF has already taken steps to boost its resources to help low-income countries, Abebe Aemro Selassie said.

Kenya’s central bank slashed the benchmark interest rate by more than expected amid heightened geopolitical risks from US ...