Mail & Guardian
Mail & Guardian
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Namibia’s Finance Minister Erica Shafudah. (@MICTNamibia/X)

Namibia shifts borrowing strategy as eurobond matures

Finance Minister Erica Shafudah said the combined approach allows Namibia to settle the external bond without straining social spending or foreign-exchange reserves

Endowed with a third of the world’s supply of them, the continent must push for actions that have the most benefits for its people. (Per-Anders Pettersson/Getty Images)

China blamed for Zambia’s debt, but the West’s banks and agencies enabled it

The narratives about the African country’s debt crisis are being used as fodder in geopolitical battles

Ethiopia’s economic growth hovered between 8%-11% for over 10 years but its sovereign credit rating has not been upgraded.  (Eric Lafforgue/Art in All of Us/Corbis via Getty Images)

African countries aren’t borrowing too much: they’re paying too much for debt

African governments are issuing and listing their Eurobonds on established international debt markets – usually London and Irish Stock Exchanges

Africa’s ticking time bomb: $35-billion worth of Eurobond debt

At least a dozen sub-Saharan Africa countries have raised debt through sovereign bonds. The chickens are now coming home to roost.

More Nigerian lenders expected to tap debt markets

Citigroup expects more banks in Africa’s largest economy to go to market in order to take advantage of lending opportunities.

Diplomacy has been thrown aside as European leaders warn Greeks not to vote for radical parties that encourage leaving the eurozone.

Bully boys rally to keep euro intact

The European Union plays on fears to keep countries such as Greece from leaving the single currency, writes Seumas Milne.

Flames from a fire set alight in a container by activists of the Frankfurt Occupy movement are seen in front of the European Central Bank and a sculpture of the euro symbol in Frankfurt, Germany. AP

If eurobonds sound good, why is Merkel playing deaf?

Eurobonds are being touted as a possible solution for the euro crisis. The Guardian answers a few questions about them.

Eurozone crisis hangs on ECB cash injection

Positive sentiment is being driven by a new measure by the ECB to pump liquidity into the markets, analysts say.

The great divide as Europe tackles debt fears

Eurobonds ‘not universal cure’ for crisis

Germany’s Angela Merkel has said the eurozone should not rest on the idea of eurobonds as the miracle remedy for the continent’s debt crisis.