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Sweden has written off Togo’s overall debt equivalent to 34 billion CFA francs, an official source told APA on Sunday.
Italy has written off the remaining debt owed by the Democratic Republic of Congo, equivalent to 553 million Euros (about $740 million) courtesy of a bilateral agreement signed this week in Kinshasa.
A Mozambican delegation led by Finance Minister Manuel Chang, will travel to Angola to negotiate the method of a debt payment amounting to $30.75 million dollars that Mozambique owes the southwest African nation.
A University of Missouri researcher says people who overuse credit have very different beliefs about products than people who spend within their means. Following a new study, Marsha Richins, Myron Watkins Distinguished Professor of Marketing in the Trulaske...
The government of the Federal Republic of Germany has canceled Liberia’s debt in the tune of $90 million, being the final portion of the more than $300 million Liberia has owed Germany over the years.
A signing ceremony to mark the final cancellation of the $70 million debt Liberia owed the Norwegian Government took place on Tuesday at the Finance Ministry in Monrovia.
The future of the face-to-face debt advice program has been secured with £27 million of funding for the next year, the Government has announced.
The Government wants to ensure that individuals facing financial difficulty can get valuable impartial advice...
Zimbabwe owes $6.9 billion to external lenders and has built up arrears amounting to $4.8 billion on its foreign debt, the central bank said here Sunday.
The Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono said the southern African country’s total...
Trade and Industry Minister Rob Davies has announced the cancellation of a R1 billion debt owed by Cuba to South Africa, as part of a new trade agreement signed between the two countries on Tuesday.