Business Africa
Six months of debt relief has been granted to 25 countries considered the poorest in the world by the International Monetary Fund.
The institution will then redirect these funds towards the fight against the coronavirus pandemic.
19 of the 25 are African countries chosen based on an extreme poverty and vulnerability ranking.
Oil prices, virus, instability put Algeria on edge
The Organization of Petroleum Exporting Countries (OPEC) has agreed to reduce production by 9.7 million barrels per day over the next two months.
This will strengthen oil prices after a historic fall caused by a drop in demand due to the coronavirus crisis.
A measure that will affect countries like Algeria, “on the brink of financial collapse”, and heavily reliant on the hydrocarbon market
00:41
UN: Linda Thomas-Greenfield puts Africa at the centre of discussions
00:54
Niger's opposition leader Mahamene Ousmane calls for release of political prisoners
11:00
Providing access to safe drinking water in Africa [Inspire Africa]
Go to video
Podcast | Why a group of men is fighting for women's empowerment Ep. 2
Go to video
African music streamers to soon access Spotify as it launches in 39 nations
01:26
Sudanese with Mixed Feelings About Currency Float