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All Sources The Standard The Point Foroyaa Fatu Network Freedom Gambia Journal Kerr Fatou Askanwi
2025-02-17
ActionAid International's report reveals Africa is owed $36 trillion in climate reparations, far surpassing its foreign debt. Rich nations evade responsibility, exacerbating African debt crisis. Urges African leaders to demand debt cancellation and overhaul global financial system for development and climate justice.
ActionAid International's report reveals Africa is owed $36 trillion in climate reparations, far surpassing its foreign debt. Rich nations evade responsibility as African countries struggle to repay debts, hindering development. ActionAid urges African leaders to push for debt cancellation and a new global financial framework.
2025-02-13
Senegal's Court of Auditors' financial review revealed misreported economic data by the previous government, leading to a drop in sovereign Eurobonds. The audit uncovered high debt levels and irregularities, prompting Senegal to address fiscal concerns and enhance financial controls.
2025-02-04
The Gambia's Ministry of Finance and Economic Affairs (MoFEA) has concluded an eight-day Debt Sustainability Analysis (DSA) training to enhance the country's debt management capabilities. The training, conducted in partnership with the West Africa Institute for Financial and Economic Management (WAIFEM) and funded by the Africa Legal Support Facility (ALSF), involved officials from various Gambian financial institutions. The initiative aims to address institutional capacity challenges and foster inter-agency coordination for effective and sustainable debt management.