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- Indexed articles, last 90 days
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- Oct 1, 2026
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AfDB to launch effort to help African countries manage credit ratings, president says | CNBC Africa (opens the original)
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LONDON, Oct 1 (Reuters) – The African Development Bank will launch an initiative to help countries on the continent better prepare for credit ratings, President Sidi Ould Tah said on Thursday. “What is missed in Africa is the data and the infrastructure…the opacity in some markets creates this notion of high risk, which leads to high cost of borrowing,” Tah said at the S&P emerging markets conference in London. African leaders have long said that funding costs on the continent are unfairly high.
Senegal’s $44 billion debt dilemma: To whom does it owe money and why it matters | CNBC Africa (opens the original)
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LONDON, Sept 29 (Reuters) – Senegal must persuade the International Monetary Fund that its groaning debt pile is on a sustainable path before it can unlock much-needed Fund financing. But proving this is much more complex than simply spending less or earning more. The IMF weighs debt-servicing costs, revenues, borrowing needs and debt versus the size of the economy. Below are key charts illustrating the challenges facing Senegal. Senegal’s troubles began in 2024, when leaders revealed misreporte
Senegal's $44 billion debt dilemma: To whom does it owe money and why it matters - AOL (opens the original)
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LONDON, Sept 29 (Reuters) - Senegal must persuade the International Monetary Fund that its groaning debt pile is on a sustainable path before it can unlock much-needed Fund financing. But proving this is much more complex than simply spending less or earning more. The IMF weighs debt-servicing costs, revenues, borrowing needs and debt versus the size of the economy. Below are key charts illustrating the challenges facing Senegal. Senegal's troubles began in 2024, when leaders revealed misreporte
Private credit cash for emerging markets surges, but deals slow | CNBC Africa (opens the original)
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LONDON, Sept 10 (Reuters) – Fundraising for private credit funds focused on developing economies more than doubled in the first half of 2026, industry data showed, although economic and geopolitical uncertainty slowed dealmaking. Data from the Global Private Capital Association showed fundraising for emerging market private credit reached $8.7 billion in the first half compared with $3.6 billion a year earlier, and close to the $11 billion raised in all of 2025. Jeff Schlapinski, GPCA’s managing
AI offers 'lifeline' for emerging economies, World Bank says (opens the original)
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LONDON, Aug 4 (Reuters) - Artificial intelligence could enable developing countries to gain a century's worth of development in a decade if they act quickly on power, connectivity and skills gaps, the World Bank said in a report on Tuesday. Widespread job losses due to AI are also less of a threat to emerging economies, the report found, adding that developing economies have more to gain and less to fear than richer nations.
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