Category : Search result: African debt crisis


Contractors Protest N760bn Debt, Disrupt Ministry

Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.

National Debt Rises to N152.4 Trillion

Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.

Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Africa's First Scholarly Referencing System Unveiled

Professor Peter Okebukola unveils ASRS, Africa's first homegrown citation framework. This breakthrough promotes intellectual sovereignty and global recognition for African scholarship. Join the movement!

Entertainment Week Africa 2025 Transforms Lagos

Lagos hosted Entertainment Week Africa 2025 from November 18-23, featuring fashion runways, film screenings, music performances and tech expos. Discover how Africa's creative economy is evolving.

Kenya: Economic Crisis & Political Unrest Deepen

Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?

Zamfara Settles N67m Debt for 436 Freed Inmates

Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.

TFAA 2025 Honours Young African Achievers

The Future Awards Africa 2025 celebrated young innovators and leaders shaping the continent's destiny. Discover the winners and their inspiring stories!

Africa's $163bn Debt Crisis Needs EU Action

African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.

Court Orders Police Out of Nestoil Premises

Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.

Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

African Leaders Push New Justice Vision in Accra

African leaders unite in Accra to launch bold Pan-African justice initiative. Over 200 delegates from 57 countries adopt Accra Declaration for economic and political redress. Join the movement for continental unity!

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