
China has waived the debt of some African countries. But it’s not about refinancing
In mid-August, China’s Ministry of Foreign Affairs surprised the world with a series of announcements. Wang Yi, Beijing’s most senior diplomat,
In mid-August, China’s Ministry of Foreign Affairs surprised the world with a series of announcements. Wang Yi, Beijing’s most senior diplomat,
The operational licences handed to Space Exploration Technologies Corp (SpaceX), owned by world’s richest man, Elon Musk, to operate in
It is not clear what we should make of the well-established fact that interest payments on debt are perennially consuming
In a move to counter China’s vast Belt and Road Initiative (BRI), European Union (EU) and India are advancing talks
“Nigeria’s $1.5 billon World Bank loan is a modified Fulani marriage; it has gotten a skinny plain bride for a
Thousands of government workers in Kenya are on the brink of losing their jobs in a civil service restructuring involving
There are growing concerns about Nigeria’s fiscal situation. Key sources of concern are the country’s dwindling revenues, soaring deficits, growing
“The prevalent objective view at the AfDB is that every President brings in his own people; Dr. Adesina has
The railways that Nigeria has funded with Chinese loans are not making even enough money to fund their maintenance.
“As much as 96% of Nigeria’s revenue is set to be consumed by debt repayments if Africa’s leading oil exporter
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