Investors holding Ethiopia's defaulted $1 billion bond have contested the International Monetary Fund's (IMF) evaluation of the country's debt relief needs. They argue that the IMF has underestimated ...

Addis Ababa, however, says it is taking bold steps to change the narrative portraying Africa as perpetually dependent on aid.

European Commission President Ursula von der Leyen announced that the first official foreign visit of the commission in her ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. GLOBAL MARKETS European futures hit ...

Kenya’s recent decision to double the price of Miraa (Khat) has sent shockwaves through Somalia’s already fragile economy.

Investors holding Ethiopia's defaulted bond said the latest International Monetary Fund report contains "significant flaws" ...

Emerging-market equities climbed to a three-month high as sentiment got a boost after Tencent Holdings decided to integrate ...

The salvo is the latest battle between the creditor committee, the IMF and Ethiopia over whether the country is facing a ...

Investors holding Ethiopia's defaulted bond said the latest International Monetary Fund report contains "significant flaws" ...

Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief the country needs, ...

Under the theme "Justice for Africans and People of African Descent Through Reparations", this year's 55-member gathering ...