Mauritania is accelerating its shift toward a fully privatized power generation model, with bids due in the next two to three weeks for a new independent power plant tied to the Greater Tortue Ahmeyim (GTA) gas project. The country’s Minister of Petroleum and Energy, Mohamed Ould Khaled, made the announcement at the Invest in African …
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Over 500 delegates, including Heads of State, Ministers of Finance, Central Bank Governors, development partners, and civil society organizations gathered in Lomé, Togo for the inaugural African Union Debt Conference. The conference is being held under the theme “Africa’s Public Debt Management Agenda: Restoring and Safeguarding Debt Sustainability.” The three-day conference was convened by the …
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Invest Africa, the platform for promoting trade and investment across the African continent, establishes a strategic partnership with the UK Government for the 11th edition of The Africa Debate, taking place on Wednesday, 2 July 2025 in London. As the UK’s leading forum for high-level dialogue on Africa’s economic trajectory, The Africa Debate 2025 will …
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African Export-Import Bank (Afreximbank) recently hosted a two-day meeting of the Steering Committee of the Partenariat pour le Cotton (PPC), a global platform established to support transformation and value addition in the cotton-textile-garment (CTG) sector in developing countries. With an initial focus on the C4+ countries (Benin, Burkina Faso, Chad, Mali, and Côte d’Ivoire), PPC …
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The Botswanan town of Lobatse, some 70 km south of Gaborone, has been transformed into a vibrant manufacturing center. Across sprawling factory floors, hundreds of skilled hands meticulously assemble intricate wiring harnesses – components that will eventually power Volkswagen and Nissan vehicles across Africa and beyond. In the automotive industry, wire harnesses are an intricate …
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External debt (money owed to foreign creditors) has been on the rise globally over the past years. Sovereign and corporate bond borrowing in 2024 has reached 25 trillion nearly three times the 2007 level, according to Global Debt Report 2025 released recently by the Organization for Economic Co-operation and Development (OECD). Though the world’s richest …
Reflection on Ethiopia’s external debt with figures – etbaba.com Read More »
BY YANET FANTAYE WOGAYEHU – Sub Saharan Africa’s economic growth is set to slow in 2025 and next year mainly due to the surge of global policy uncertainty, says the International Monetary Fund (IMF). “Just when policy efforts began to bear fruit, with regional growth exceeding expectations in 2024, the region’s hard-won recovery has been …
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In their joint brief paper, Era Dabla-Norris, Vitor Gaspar, and Marcos Poplawski-Ribeiro stated that major policy shifts underway have heightened global uncertainty and indicated that global public debt is likely to continue posing major challenge to countries. Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new spending …
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Future Investment Initiative (FII) is set to organize an Europe focused investment summit next month in Tirana, Albania, from 16–17 May 2025. Themed, “Invest in a Connected Europe”, this special edition summit will connect Europe’s leaders and innovators with the world’s foremost investors, sovereign wealth funds, and policymakers, the organizers said. “It will be an …
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Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, reinforces Nigeria’s commitment to fostering trade and investment partnerships with the United Kingdom (UK). He made the remark after concluding a series of high-level engagements in London during his recent visit. The visit, anchored around the Commonwealth Trade and Investment Summit held on 7-8 April, …
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