debt

Soaring Household Debt Is a Warning to the US Economy: SocGen

America's swelling debt pile bodes ill for the the US economy, Société Générale said.In a recent note to clients, the…

1 month ago

New report flags debt, food and security risks as Kenya enters election period

A new global peace report warns rising geopolitical tensions, regional conflicts and economic shocks could complicate Kenya’s economic outlook as…

1 month ago

Africa faces $59bn debt strain, World Bank warns

Sub-Saharan Africa’s economic recovery is holding steady, but rising debt-servicing pressures, geopolitical shocks, and structural weaknesses are increasingly clouding the…

1 month ago

KQ defaults on Sh8.5bn interest as State debt rises

Kenya Airways defaulted on Sh8.5 billion interest on funds borrowed from the government last year, underlining the rising burden of…

2 months ago

Climate Change: Africa Needs $2.8trn As Debt Profile Worsens – Independent Newspaper Nigeria

0 AKURE – For Africa to tackle chal­lenges posed by climate change, it has been pro­jected that the continent would…

2 months ago

Nigeria’s World Bank Debt Climbs to $2.08 Billion

Nigerian Startups Shine at IHS Nigeria's Inaugural Demo Day, Showcasing Innovation and Investment Potential Ilorin, Kwara State – Nineteen high-growth…

3 months ago

Kenya Faces Rising Maternal Debt Crisis

For Laurence Omondi, receiving distressing calls about mothers detained in hospitals is a familiar and deeply personal experience. One recent…

6 months ago

G20 Faces Criticism Over Climate Debt and Inequality

The Group of Twenty (G20) emerged following the financial turmoil that resulted from the collapse of the Thai currency in…

6 months ago