Loans

Angola’s Evolving Debt Dynamics: A Sustainable Financial Future As Angola gears up for the close of the financial year, there’s a palpable sense of cautious optimism within its fiscal corridors. The country’s oil-backed debt to China is projected to decrease to a more manageable range of $7.5 billion to $8.0 billion. This insight comes directly from Dorivaldo Teixeira, the Director of the Debt Management Unit at the Finance Ministry, who stands at the forefront of this fiscal undertaking.…

Imagine this: you are an aspiring entrepreneur in South Africa, armed with a groundbreaking idea but lacking the necessary funds to lift your dream off the ground. The quest to secure financing brings you face-to-face with a longstanding barrier—conventional banks. According to McKinsey, some banks hold onto antiquated requirements. They insist that SMEs must have an existing relationship, either through lending or transactional banking, to even think about funding. Inevitably, this leaves newly minted businesses out in…

Financial Independence in Africa: The Unique Journey of Three Nations Edited By Ali Musa Axadle Times International – Monitoring In a world where financial entanglements are often seen as inevitable, three African nations — Botswana, Libya, and Eritrea — have charted a distinct and arguably enviable path. According to data primarily sourced from the IMF's Financial Data and the ONE Campaign, these countries have never succumbed to…