Burdened by some of the highest borrowing costs worldwide, the African growth story often comes at a price. The irony is that to ignite development, foreign capital is both an avenue and a barrier, so ...

LONDON, June 7 (Reuters) - Africa needs quicker debt restructurings, more favourable lending terms and some $25 billion for the Africa Development Fund to avoid a lost decade, the head of its ...

Ghana and Zambia’s official creditors are pressing them to default on loans to two African multilateral financial institutions: the African Export-Import Bank (Afreximbank) and the Trade and ...

LONDON, May 26 (Reuters) - Five candidates are running to become President of the African Development Bank in an election on Thursday during the lender's annual meeting in Abidjan, Ivory Coast.