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The Paris Club this week shared a technical note with other bilateral creditors and multilateral lenders on Ghana, one of the sources said, adding that the group of rich nations is proposing December 2022 as the cut-off date, one source with direct knowledge said.

A sober assessment is needed in a bleak time.

Ghana's official creditors are set to meet on Monday, January 8, to discuss the restructuring of approximately $5.4 billion in loans, according to Reuters.

Persistent conflict in Africa, the Middle East, and Ukraine, the consequences of climate change, and emerging technologies may pose heightened risks this year.

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Ghanas official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, three sources told Reuters, a key step needed to secure its next tranche...

The session on debt financing and development in Africa was organized by the African Union Commission and the consultancy International Development Reimagined.

Ethiopia became Africa's third default in as many years on Tuesday after it failed to make a $33m (R609.39m) "coupon" payment on its only international government bond.

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

Lessons from about a century ago should guide relief efforts so that indebted nations can do better than just staying solvent. China had better pay attention.