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Tag:Debt crisis

Developing countries face ‘vicious circle’ of climate change, debt – Report

A new report commissioned by the governments of Colombia, Kenya, France and Germany lays bare the devastating effect of debt burdens for many vulnerable...

Africa’s mounting debt crisis and need for reform in global financial architecture

Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed...

UN SIDS4 delivers new era of resilience amidst small islands’ crippling debt crisis

The Fourth United Nations Conference on Small Island Developing States (SIDS4) wrapped up on Thursday, May 30, 2024, in Antigua and Barbuda with unanimous...

Nigeria’s looming debt crises and climate change: Painful inheritance for future generations

As nations in the global south grapple with the mounting challenges of climate change and economic repression, it becomes imperative to examine the role...

Latest news

Shell, NOSDRA urged to address borehole facility oil spill in Bayelsa community

The Environmental Defenders Network (EDEN), a non-governmental organisation (NGO), has called on Shell Petroleum Development Company (SPDC), the National...
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Chinese firm expresses support for $20b Ogidigben gas project

China National Chemical Engineering International Corporation Ltd (CNCEC) has expressed its readiness to support the development of the Federal...

Soldiers dismantle 23 illegal refineries in major raids in Bayelsa, Delta, Rivers

Troops of the Nigerian Army have destroyed 23 illegal artisanal refineries and apprehended 25 suspected operators during an anti-bunkering...

Must read

Shell, NOSDRA urged to address borehole facility oil spill in Bayelsa community

The Environmental Defenders Network (EDEN), a non-governmental organisation (NGO),...

Chinese firm expresses support for $20b Ogidigben gas project

China National Chemical Engineering International Corporation Ltd (CNCEC) has...
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