Market

Will African Nations Get Debt Help from IMF and China?

Long-running tensions between the major international lenders and China were aired at a meeting in China’s Anhui province, where participants sought agreement on a way forward for some of the world’s most indebted countries, many of them in Africa.Repr…

US Pledging Tens of Billions of Dollars for Africa

The United States plans to commit $55 billion to Africa over the next three years, according to White House officials. The announcement comes as the administration of President Joe Biden hosts a two-day meeting with African leaders.The U.S. three-year …

African Women Entrepreneurs Call for Support of Africa Free Trade

African women entrepreneurs from 35 countries have called for more support from lenders and governments to help them benefit from the African Continental Free Trade Area. Meeting in Cameroon’s capital for the U.N.-sponsored African Women Entrepreneur F…

East Africa Regional Force to Counter M23 Rebels’ Advance

The East African Community’s armed force, led by Kenya, has vowed to protect the city of Goma in the eastern Democratic Republic of Congo as M23 rebels advance toward the city, which is home to one million people.Kenya sent hundreds of troops to Goma t…