Zambia’s billion dollar bailout sparks econom...

For the longest time, Africa’s migration story has largely been one way: people leaving the continent in search of opportunity. But that story is beginning to shift. Africa’s young diaspora who were born and raised in Europe, the United States and Canada are increasingly choosing ...  Show more

Uganda’s new bill could jail citizens for up to 20 years for unauthorised foreign funding, citing concerns over foreign influence on national policy. This has raised questions about the future of civil society, independent organisations, and political freedoms in the country. We ...  Show more

Zambia’s up to its eyeballs in debt.Late last year, it became the first African country to default on its foreign debt since the Covid pandemic began.And people across the country have started feeling the pinch: many complain about rising prices and their sudden inability to pay ...  Show more

Burundi’s economy has been battered: first by years of conflict, then Covid-19. And so the World Bank has stepped in and provided $40 million in aid – with another $150 million still to come. Hundreds of thousands of the poorest households will receive cash – with some targeted a ...  Show more

The IMF’s board has finally backed a $3bn bailout for Sri Lanka to help relieve a ‘catastrophic’ economic and social crisis, shares in First Republic Bank tumbled 47 per cent on Monday despite a $30bn rescue deposit last week, and Credit Suisse bondholders were in uproar ...

Today on the show, the UN Security Council approves the Biden-backed ceasefire proposal for the Israel-Hamas war. Sanam Vakil, director of the Middle East and North Africa Programme at Chatham House, explains why Hamas isn’t accepting the plan.    Next, the Financial Times’ Gilli ...  Show more