The crisis in the Middle East is impacting global economies, with growth in African countries forecast to decline by up to ...

The conflict threatens to increase the cost of living and curtail growth on the continent, the African Union and the African Development Bank (AfDB) said in a report Saturday ...

Although advantageous, local currency financing for off-grid renewables projects and businesses in Africa is still limited, according to a new report released by the African Development Bank ...

JOHANNESBURG, Oct 28 - S&P Global Ratings said African regional development creditors are poised to expand lending to fill national financing gaps, as capital buffers strengthen and new frameworks ...

Africa holds abundant private savings, but much of it remains informal. As a result, its contribution to development financing is limited. Researcher Florian Léon is one of the authors of a recent ...

JOHANNESBURG, Nov 18 (Reuters) - African development banks should retain the same legal protections as global lenders like the International Monetary Fund when governments restructure debt, the head ...

A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development. Preferred creditor status is a ...