Nairobi, Kenya – 28 May 2026 – African countries are expected to spend more than $90 billion on debt servicing in 2026, highlighting the growing financial pressures confronting governments across the continent and raising concerns about the impact on essential public services. The mounting debt burden has renewed debate over the sustainability of Africa’s borrowing patterns, with critics arguing…
In a recent development highlighting deepening economic ties, Sierra Leone President Julius Maada Bio has expressed strong support for China’s zero-tariff policy aimed at African nations. The policy, which came into effect on May 1, 2026, provides duty-free access to the Chinese market for products from all 53 African countries that have diplomatic relations with China.President Bio, in an…
Hilton has unveiled one of its most ambitious growth strategies in recent years, announcing plans to open more than 100 hotels across Africa, with over half of the new properties projected for Sub-Saharan Africa. The move, revealed during the Future Hospitality Summit Africa in Nairobi, follows a record 29 hotel deals signed in 2025 across 15 countries, marking a…
