Africa In The News

Nigeria’s main opposition says democracy under threat, alleges vote rigging

JOHANNESBURG, February 26 – Nigeria’s main opposition party the People’s Democratic Party (PDP) says democracy is under threat and is alleging vote rigging as President Muhammadu Buhari surges to an early electoral lead following Saturday’s presidential and legislative elections. The final tally is yet to be determined, but by late Monday Buhari had won seven […]

Africa Business In The News South Africa

China lending to sub-Saharan Africa can support growth, but brings risks – Moody’s

JOHANNESBURG, November 15 – China’s increased lending to governments in sub-Saharan Africa has the potential to support economic growth, but also amplifies credit risks for countries with high debt, ratings agency Moody’s has said. “Unless African investment financed by Chinese loans generates substantial economic gains that boost debt servicing capacity of sub-Saharan African governments, the credit […]