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1 – 10 of 10Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…
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DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
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Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.
This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…
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DOI: 10.1108/OXAN-DB283748
ISSN: 2633-304X
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This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…
Since then, Somalia has launched important economic reforms in a difficult environment characterised by drought and the side-effects of the war in Ukraine. As a new draft budget…
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DOI: 10.1108/OXAN-DB274620
ISSN: 2633-304X
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Outgoing President Uhuru Kenyatta maintained a highly visible presence in regional and international affairs. It remains an open question whether new President William Ruto will…
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DOI: 10.1108/OXAN-DB273947
ISSN: 2633-304X
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The government hopes this plan will above all inject fresh foreign currency into the cash-starved economy. Recently, it has had to manage its dwindling foreign exchange (forex…
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DOI: 10.1108/OXAN-DB273525
ISSN: 2633-304X
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Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…
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DOI: 10.1108/OXAN-DB257977
ISSN: 2633-304X
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However, despite some progress, these ambitions face serious obstacles.
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DOI: 10.1108/OXAN-DB261136
ISSN: 2633-304X
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West Africa cocoa outlook.