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Sub-Saharan Africa risks rise in debt – IMF warns

IMF Sub-Saharan African governments are increasingly turning to local banks to fund their budgets, paying higher borrowing costs at home than abroad and putting new pressure on domestic lenders, the International Monetary Fund (IMF) warned on Thursday. In its latest Regional Economic Outlook released during the IMF and World Bank annual meetings in Washington, the […]
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Social media ban sparks protests in Nepal’s Kathmandu

Nepal Demonstrators waving national flags broke through barbed wire and surrounded Parliament, chanting “stop the ban on social media, stop corruption, not social media. ” Riot police used tear gas, water cannon and eventually live rounds as clashes escalated across the capital. Authorities said platforms such as Facebook, X and YouTube were blocked after failing […]