African nations are grappling with a staggering 500 per cent increase in debt servicing costs when borrowing from global ...

Nigeria’s indebtedness to the International Development Association (IDA), a member of the World Bank Group (WBG) grew by ...

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

Kenya has secured a $200 million loan from the African Development Bank and is in talks with the World Bank for a new $750 ...

A spike in the already-increasing debt servicing burden is imminent as the country’s debt to gross domestic product (GDP) ...

The World Bank Annual Report 2024 outlines transformative strategies to combat global challenges like poverty, climate change ...

Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and ...

The World Bank’s Djibouti Economic Monitor, Fall 2024 report offers a comprehensive look at Djibouti’s economic progress, ...

Surging government debts threaten to hammer the British economy and drive up borrowing costs for households, businesses and ...

Governments around the world have the same problem. They spend too much money. The European Central Bank warns the eurozone ...

Key drivers of global liquidity include Federal Reserve policies, People's Bank of China actions ... "China has a lot of debt ...