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South Africa’s Debt Crisis: Are We Heading for a Fiscal Cliff?
“Over 3 billion people live in countries spending more on debt than health, education, or infrastructure.”AfriCatalyst CEO Daouda Sembene breaks…
Biased credit ratings are costing Africa billions, and worsening its health crises
As Zambia mourned the death of its former President Edgar Lungu on June 5, a quieter crisis was unfolding in…
Debt over Development? New Report Reveals Debt Trap Draining Developing Nations of Vital Services
A sweeping new report has laid bare the growing cost of sovereign debt for developing countries, revealing a stark reality,…
The continent that pays more to borrow. Inside Africa’s fight against biased credit ratings.
Africa’s dialogue with key institutions at the apex of the global financial architecture is a vital step on a collaborative…
Day 3 Highlights: Regional Consultation on Strengthening Sovereign Credit Ratings in West Africa
We wrapped up the final day of the regional consultation by focusing on something just as powerful as numbers: narrative.…
Day 2 Highlights: Regional Consultation on Strengthening Sovereign Credit Ratings in West Africa
What does it really take to improve a country’s credit rating? On Day 2 of the consultation, we moved from…
Day 1 Highlights: Regional Consultation on Strengthening Sovereign Credit Ratings in West Africa
Last week, we co-hosted a transformative three day regional consultation in Abidjan, Côte d’Ivoire, alongside our partners: UNDP Africa, the…
The climate crisis isn’t gender-neutral. So why is climate finance?
Climate justice and the social impacts of climate change will be a key thematic concern at the upcoming COP30 this…
West African leaders seek to close credit rating divide amid push for financial equity
Abidjan, Côte d’Ivoire – As Africa faces rising debt burdens, fluctuating aid flows, and soaring borrowing costs, leaders from across…
Behind high borrowing costs: How credit rating agencies keep developing nations in the red
The global financial system is under mounting pressure to evolve. At the heart of this system lies the credit ratings…
As aid declines, the African Development Fund-17 secures $11 billion for Africa’s green transition
The African Development Fund (ADF) recently concluded its 17th replenishment meeting, marking a significant stride towards unlocking affordable, targeted and…
Global Leaders unite to advance the African Development Fund’s 17th Replenishment
Abidjan, Côte d’Ivoire – May 28, 2025 . On the sidelines of the African Development Bank Group’s 2025 Annual Meetings,…