Ghana to get a $3bn loan from the IMF

Electricity prices in the country have soared since the government cut energy subsidies to obtain a $3bn bailout from the International Monetary Fund leading to protests. We hear how this is impacting individuals and businesses. Also in the programme, we get the latest from Gabon ...  Afficher plus

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. 

From the BBC World Service: Sri Lanka has been battling economic breakdown for nearly a year. A foreign reserve crisis toppled the country’s president and led to shortages and soaring inflation. Now a $3 billion rescue package has been agreed upon with the International Monetary ...  Afficher plus

Africa is going through its first recession in more than a quarter of a century because of the global downturn caused by the Covid pandemic. The economic crisis is being keenly felt in Nigeria, the continent’s most populous country. Its 200 million people are struggling with long ...  Afficher plus

There’s a credit crunch facing dozens of the world's poorest countries: billions of dollars are now owed and some countries simply won't manage the repayments. So who should foot the bill? We speak with Sri Lankan businessman, Indika Merenchige, who imports vehicles in to Sri Lan ...  Afficher plus

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 ...  Afficher plus