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German Foreign Minister Robert Habeck opened the two-day German-Africa business summit in Johannesburg with positive words. “The government will provide additional incentives for investment in regions like southern Africa where …

Experts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy. The …

Developing nations may need to find as much as $2.5 trillion over five years to meet external debt-service costs as interest rates rise and poorer countries struggle to refinance borrowings, …

The world’s 69 poorest countries need an extra $436 billion over five years to address the aftermath of Covid-19, rebuild external buffers and grow incomes, the International Monetary Fund said. …