2024 AfDB Annual Meeting Calls for Reform of Global Financial Architecture
The African Development Bank (AfDB) held its 2024 Annual Meeting at the Kenyatta International Conference Center (KICC) in Nairobi from
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Finance
Zambia Reaches New EuroBond Restructuring Deal
On 25 March 2024, Zambian President Hakainde Hichilema announced that his government has reached a new restructuring deal with a
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Africa Remains Attractive Investment Destination Amidst Global Challenges
From 28 to 29 February 2024, Mauritius hosted the 7th Pension Funds and Alternative Investments Africa Conference (#PIAFRICA2024) at the
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37th AU Summit Pushes for Overhaul of Global Financial Architecture
On Saturday 17 February 2024, during the 37th AU Summit (#AUS2024), a Presidential Dialogue was held to discuss the way
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Ghana Seeking Relief from EuroBond Creditors
Ghana defaulted on its #EuroBond payments in December 2022 as inflation soared due to the double crisis of the COVID
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Mauritius and Sri Lanka Link Up with Unified Payments Interface
On Monday 12 February 2024 during a virtual launch ceremony in the presence of Indian PM Narendra Modi, Mauritius and
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G77 Pushes for Reform of Global Financial System
The 3rd Global South Summit took place at the Munyoyo Commonwealth Resort in Uganda from 21 to 22 January 2024
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Turk Eximbank Becomes First Non-African Shareholder of African Finance Corporation
On 29 December 2023, the African Finance Corporation (AFC) announced that Turk Eximbank invested to become the first non-African sovereign
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Ethiopia Defaults on Sovereign Bond
Ethiopia failed to effect a payment on its sovereign bond. On 26 December 2023, a USD33 million payout became due,
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COP28 Ends with World Realigned on Path to Scientific and Just Transition
The curtain over the 28th Annual United Nations Climate Change Conference (#COP28) finally closed in UAE on 13 December 2023,
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