Nigeria’s Debt-Service Burden Shows Why Africa’s Finance Reform Push Is Becoming Urgent
Nigeria’s projected debt-service burden is becoming a central example of how high financing costs can crowd out development spending across African economies.
Economic news and analysis from across Africa.
Nigeria’s projected debt-service burden is becoming a central example of how high financing costs can crowd out development spending across African economies.
African leaders are pushing for reforms to global credit-risk pricing, arguing that borrowing costs continue to restrict development finance and infrastructure investment.
Ghana’s final IMF programme review and request for a non-financing Policy Coordination Instrument signal a shift from crisis support to monitored economic discipline.
The Rockefeller Foundation launched its 2025 impact report, Big Bets, Real Results, detailing the Foundation’s 2025 work, including big bets on Universal Energy Abundance and Regenerative School Meals around the world, to accelerate the reach of frontier technology, community-driven models, and decisive data across its core focus areas.
South Africa has joined Afreximbank, unveiling a US$8bn Country Programme to drive industrial growth, boost intra-African trade, and strengthen economic integration.
JP Morgan has upgraded Afreximbank bonds after a sell-off triggered by Fitch’s junk rating, saying the bonds now offer value despite rating controversy.
African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone with its African Trade Centre (AATC) in Abuja receiving LEED Platinum certification, the highest level of recognition under the globally respected Leadership in Energy and Environmental Design (LEED) framework. The certification, granted by the United States Green Building Council (USGBC) and Green Business Certification Inc. (GBCI), was officially awarded on 26 November 2025, […]
Afreximbank has officially ended its credit rating relationship with Fitch Ratings, citing concerns that the process no longer reflects its mandate, legal framework, and mission as a pan-African development bank.
The Central Bank of Egypt and Afreximbank have signed an MoU to establish a pan-African Gold Bank aimed at formalising gold value chains, strengthening central bank reserves, and retaining gold value within Africa.
Ghana’s Ministry of Finance and Afreximbank announce the successful resolution of a US$750 million facility signed in 2022, clearing the way for continued development cooperation.