Africa continues to borrow to service debt in first half of 2026
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Africa continues to borrow to service debt in first half of 2026
African sovereigns raised more than $14 billion on international markets in the first half of 2026, but a large share of these loans went toward budget financing, debt repayments and liability management rather than productive investment, according to the 13th edition of the Africa Sovereign Credit»»»
Caretakers to take over in Aug, says PM
• Terms IMF deal signed by his predecessor ‘biggest obstacle’ to revival of economy • Says rulers ‘sacrificed’ political capital to avert default ISLAMABAD: With the clock ticking on the National Assembly’s term, Prime Minister Shehbaz Sharif on Thursday declared the coalition government will hand »»»
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