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South Africa may struggle to meet renewables targets

Location:

SOUTH AFRICA

South Africa generates around 80% of its electricity from coal and has suffered regular power shortages over recent years due to declining performance at its ageing coal-fired…

Mozambican debt fallout will persist over Kroll report

Location:

MOZAMBIQUE

Risk firm Kroll was looking into undisclosed state loans worth 2 billion dollars, but it said that the Mozambican government did not collaborate fully with the firm's…

Ethiopia faces tough monetary and fiscal rebalancing

Location:

ETHIOPIA

Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…

Ethiopia restructuring puts bondholders under pressure

Location:

ETHIOPIA

Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.

Ethiopia’s conflict clouds the economic outlook

Location:

ETHIOPIA

Both are desperately needed, as G20 debt service relief will soon expire, and as the conflict in northern Ethiopia increasingly strains the economy and the government’s finances.