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According to Kristalina Georgieva (shown here at the Spring Meetings, April 2023), head of the IMF, 15% of low-income countries are already in a debt crisis and 40% are getting closer to it. MANDEL NGAN/AFP.

high risk

Premium badgeExplainer: How (un)sustainable Africa’s sovereign debt is

Sovereign debt can be a powerful lever for economic development, provided it is used wisely. How do African countries manage to convince creditors?

Felix DRC President Félix Tshisekedi is running for a second term in the presidential election on 20 December 2023. He is pictured during an interview in Kinshasa, 13 December 2019 ©Robert Carruba for Jeune Afrique

still in prison

Tshisekedi answers questions on jailed journalist Stanis Tshiamala The Congolese head of state met with the press during a lunch on the sidelines of the United Nations General Assembly in New York. Discussions focused...
© Angola President João Lourenço vs UNITA party opposition leader Adalberto Costa Júnior

MATCH OF THE WEEK

Premium badgeAngola’s Adalberto Costa Júnior keeps pressure on João Lourenço Calling for the impeachment of Angolan President Lourenço is part of the opposition’s plan while jostling for power.
© FILE PHOTO: Trucks carrying food, humanitarian aid, and industrial equipment wait due to sanctions imposed by Niger’s regional and international allies, in the border town of Malanville, Benin August 18, 2023. REUTERS/Coffi Seraphin Zounyekpe

food insecurity

After Niger coup, sanctions pain strikes at shutdown Benin border The trucks blocked at Benin’s border are the most striking symbol of the fallout Niger’s neighbours are suffering from sanctions imposed on Niamey ove...

More Africa News top stories

According to Kristalina Georgieva (shown here at the Spring Meetings, April 2023), head of the IMF, 15% of low-income countries are already in a debt crisis and 40% are getting closer to it. MANDEL NGAN/AFP.

high risk

Premium badgeExplainer: How (un)sustainable Africa’s sovereign debt is Sovereign debt can be a powerful lever for economic development, provided it is used wisely. How do African countries manage to convince creditors?
© Angola President João Lourenço vs UNITA party opposition leader Adalberto Costa Júnior

MATCH OF THE WEEK

Premium badgeAngola’s Adalberto Costa Júnior keeps pressure on João Lourenço Calling for the impeachment of Angolan President Lourenço is part of the opposition’s plan while jostling for power.
© The Congo Basin rainforest absorbs the equivalent of all of Africa’s carbon emissions. (Jens Grossmann/LAIF-REA)

Fair pay

Premium badgeUN joins Congo basin presidents in call for higher carbon-credit prices in Africa Developing African countries are asking for larger pollution offsets in order to preserve their environments.

More Africa News top stories

According to Kristalina Georgieva (shown here at the Spring Meetings, April 2023), head of the IMF, 15% of low-income countries are already in a debt crisis and 40% are getting closer to it. MANDEL NGAN/AFP.

high risk

Premium badgeExplainer: How (un)sustainable Africa’s sovereign debt is Sovereign debt can be a powerful lever for economic development, provided it is used wisely. How do African countries manage to convince creditors?
© Angola President João Lourenço vs UNITA party opposition leader Adalberto Costa Júnior

MATCH OF THE WEEK

Premium badgeAngola’s Adalberto Costa Júnior keeps pressure on João Lourenço Calling for the impeachment of Angolan President Lourenço is part of the opposition’s plan while jostling for power.
© The Congo Basin rainforest absorbs the equivalent of all of Africa’s carbon emissions. (Jens Grossmann/LAIF-REA)

Fair pay

Premium badgeUN joins Congo basin presidents in call for higher carbon-credit prices in Africa Developing African countries are asking for larger pollution offsets in order to preserve their environments.

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© The Congo Basin rainforest absorbs the equivalent of all of Africa’s carbon emissions. (Jens Grossmann/LAIF-REA)

Fair pay

Premium badgeUN joins Congo basin presidents in call for higher carbon-credit prices in Africa Developing African countries are asking for larger pollution offsets in order to preserve their environments.
Ryad Mezzour, Moroccan Minister for Industry and Trade. DR

well-rounded

Premium badgeRyad Mezzour: Morocco is establishing genuine industrial sovereignty Decarbonisation, electric battery factories, renewable energies and more: the Moroccan Minister of Industry and Trade details his country’s strategy f...
The Husab uranium mine in western Namibia. 11 May 2018. Wu Changwei/Xinhua/REA

multiple agreements

From DRC to Madagascar, Japan weaves its web with critical metals From exploration to exploitation, Japan has signed a series of contracts with three African countries to secure its supplies of critical minerals.
French President Emmanuel Macron and Kenyan President William Ruto shake hands as they take part in a round table to discuss global economy during the New Global Financial Pact Summit at the Palais Brongniart in Paris, France on June 22, 2023. Dozens of global leaders are gathering in Paris on June 22 for a summit to tease out a new consensus on international economic reforms to help debt-burdened developing countries face a growing onslaught of challenges, particularly climate change. LUDOVIC MARIN/Pool via REUTERS

More inclusive

Institutional investors key to unlocking economic development If Africa is to become better insulated from global economic upheaval, it will need to tap into a local investor base.
© Fatih Birol, Executive Director of the International Energy Agency (IEA) (Photo by SIMON MAINA / AFP)

predicted decline

IEA-OPEC clash ‘beginning of the end’ of fossil fuels? According to the International Energy Agency the decline of oil, gas, and coal is imminent. Producer cartel OPEC has hit back, calling the forecasts ‘...

rwanda redux

Premium badgePaul Kagame: ‘The problem is not between me and Tshisekedi’ The Rwandan president answers questions on the tensions with DRC, his probable fourth term, the recent spate of coups, and his dissatisfaction with th...