(Credit: IMF Photo/Valerie Plesch) June 12, 2025/IMFBlog By Yan Liu Public debt is projected to reach nearly 100 percent of global gross domestic product by the end of this decade, surpassing even pandemic-level highs. Governments, particularly those in emerging market and developing economies, face both mounting debt service costs and […]
Author: InvestAdvocate
AfDB to Provide $184.1 Million for Africa’s Largest Solar Energy and Battery Storage Project
Image Credit: AfDB Financing will be sourced from two specialized Bank Group funds and the Climate Investment Funds’ Clean Technology Fund June 12, 2025/AfDB The Board of Directors of the African Development Bank Group has approved a financing package of up to $184.1 million to support the development of the […]
Nigeria’s US$5 Billion Aramco Loan: High Stakes, Rising Risks
June 11, 2025/CSL Research Nigeria and Saudi Arabian oil company Aramco are reportedly facing difficulties finalising a record US$5 billion oil-backed loan – equivalent to around 3% of Nigeria’s GDP – which was first announced last November following a meeting between President Bola Tinubu and Saudi Crown Prince Mohammed bin […]
