Tag: corporate debt
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Ethiopia Moves to Restructure SOE Debt, No Word Though On China Loans
The Ethiopian Ministry of Finance (MOF) is bundling together the debts of six of its largest state-owned enterprises and will transfer the liability for these debts from the firms to the MOF itself. No mention, though, was made at
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With Its Chinese Parent Company on the Verge of Bankruptcy, the Fate of Ghana’s Africa World Airlines Looks Grim
The future of Ghana's largest airline is up in the air now that its parent, Hainan-based HNA Group, has effectively buckled under the weight of almost $100 billion of debt and widespread reports of embezzlement.
Kenyan technician installs a Chinese-made solar panel in Nairobi that makes up some of the 80% of renewable energy generated in the East African country each year. LUIS TATO / AFP
A beauty salon in a small southern Kenyan town is dimly lit by a few lights. There’s no streetlighting here in Mtito Andei, so those lights are how customers make their way. The salon’s owner is Rehema Yusuf, a mother of three. A few years ...
Ethiopia Moves to Restructure SOE Debt, No Word Though On China Loans
The Ethiopian Ministry of Finance (MOF) is bundling together the debts of six of its largest state-owned enterprises and will transfer the liability for these debts from the firms to the MOF itself. No mention, though, was made at
With Its Chinese Parent Company on the Verge of Bankruptcy, the Fate of Ghana’s Africa World Airlines Looks Grim
The future of Ghana's largest airline is up in the air now that its parent, Hainan-based HNA Group, has effectively buckled under the weight of almost $100 billion of debt and widespread reports of embezzlement.