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African GDP growth to edge up in 2023 despite South Africa slide — AfDB

Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global monetary policy and the fallout from Russia's invasion of Ukraine, but South Africa's will plummet, the African Development Bank (AfDB) said. ....

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AfDB upgrades Kenya's growth prospect to 5.6%

The lender attributes the projection to fairly diversified production structures and a decline in commodity prices. ....

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Buhari's huge parting debt profile – Part 2 — — Opinion — The Guardian Nigeria News – Nigeria and World News

The DMO said additional promissory notes would be issued in the course of the year, along with new borrowings by state governments, which would further increase the public debt stock. ....

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Nigeria absent as African leaders fault global debt financing models

African leaders, yesterday, faulted the global financing architecture that is plunging several African countries into debt trap amid biting socioeconomic realities. ....

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Mnangagwa leaves for AfDB forum in Egypt

President Mnangagwa is expected here today to join over 3 000 delegates who include Heads of State and Government, central bank governors and members of the dev. ....

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