IMF predicts lower growth, bigger current account deficit for debt laden Senegal
LONDON, April 14 (Reuters) – The International Monetary Fund on Tuesday slashed Senegal’s economic growth forecast for this…
Kenya converts $3.5 billion loans from China into yuan to cut interest
NAIROBI, Oct 7 (Reuters) – Kenya has completed converting three railway construction dollar-denominated loans from China into yuan…
Exclusive: Ghana deal with Afreximbank gets official creditor backing, source says
Resolution paves Ghana’s path out of debt defaultRestructuring loan could impact Afreximbank’s credit ratingsAfreximbank has said its preferred…
Risk-on investors turn to Uganda to ‘squeeze the last drop’ out of frontier markets
Uganda attracts record offshore investment into domestic debtDiverse investor base looks to frontiers for yieldHot money raises risk…
Ethiopia strikes draft restructuring deal on $1 billion bond with bondholder group
ADDIS ABABA/LONDON, Jan 3 (Reuters) – Ethiopia has struck a preliminary agreement with a group of investors holding…