Breaking Chains: Somalia’s Path to Recovery Through Debt Cancellation
The Paris Club's choice to forgive 99% of Somalia's $2 billion debt marks a massive step in global debt relief.
March 15, 2024Northern Africa – Egypt, Morocco, Algeria, Tunisia and Libya – sits at the crossroads of the Mediterranean, the Sahel and the Gulf, and is central to Europe’s energy and migration calculus. The Rio Times tracks the region’s economies, energy and gas deals, Suez and trade flows, currency and reform moves, and the great-power competition shaping the Maghreb. This hub collects our daily Northern Africa coverage for investors and globally minded readers.
The Paris Club's choice to forgive 99% of Somalia's $2 billion debt marks a massive step in global debt relief.
March 15, 2024
In Chad's capital, N'Djamena, the sound of gunfire echoed a day after announcing presidential elections for May 6
February 29, 2024
In a significant development, the African Union aims for 60% local vaccine production by 2040, steering towards health independence.
February 19, 2024
The African Forum and Network on Debt and Development is partnering with the Southern African Development Community.
February 15, 2024
The restoration of Egypt's Menkaure Pyramid has ignited a significant debate
February 1, 2024
Africa's economic development potential is closely linked to infrastructure modernization in its changing landscape.
January 17, 2024
Today, deadly skirmishes erupted in Northern Chad, involving the Chadian Army and FACT rebels, resulting in the tragic loss of...
January 10, 2024
In 2023 and 2024, Sub-Saharan Africa is poised for a diverse economic trajectory, showing signs of growth amidst global economic...
January 10, 2024
Pope Francis' decision to authorize blessings for same-sex couples has stirred a global debate within the Catholic Church.
January 8, 2024