economic growth Africa

AfDB: Africa will reach 3.4% economic growth in 2021

Despite the challenge of a global pandemic and external economic shocks the African Development Bank expects Africa to recover from its worst recession in 50 years and reach 3.4% economic growth in 2021.

African Economic Outlook: from debt resolution to growth

In a conversation preceding the launch of the Bank's latest report Nobel laureate Joseph Stiglitz and AfDB President Dr Akinwumi Adesina spoke about the continent’s rising debt levels.

SA muni faces bulk supply interruptions due to heavy debt

South African state-owned power utility Eskom has intensified the interruption of bulk electricity supply to Phokwane Local Municipality.  Interruptions to Phokwane were implemented on...
commercial financing

S.Africa: Eskom issues notice on scheduled interruptions

South African state-owned power utility, Eskom, on Thursday said that non-payment of debt for the bulk supply of electricity has resulted in scheduled supply...

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