Tag: IMF

Africa to get 'stronger voice' at IMF: Georgieva

The World Bank has also announced that it will create a third seat for Africa...

IMF warns South Africa economy risks stagnation

The near-term growth outlook for Africa's most industrialised economy has det...

Cash-strapped Egypt sells state assets to Gulf nations

Experts said the deals could be a win-win for all sides, but unlike old Gulf ...

Tunisia transport workers strike amid economic woes

The strike is the latest in a string of similar actions as Tunisia grapples w...

Ghana suspends part of foreign debt payments

The government said the foreign debt payment suspension was an interim emerge...

Ghana reaches $3 bn deal with IMF

The West Africa state is facing more than 40% inflation, growing debt and a s...

Mozambique court starts ruling on 'hidden debt' graf...

The scandal arose after state-owned companies in the impoverished country ill...

Zimbabwe growth to drop by half in 2022: IMF

Zimbabwe's economy has been on a downturn for nearly two decades.

IMF urges policy caution for vulnerable Africa

In a new report, the International Monetary Fund (IMF) said African governmen...

African leaders slam Western absence from climate su...

Senegalese President and African Union chief Macky Sall, and Congolese Presid...

Debt-ridden Zambia secures $1.3 billion in IMF bailout

In 2020, as the Covid-19 pandemic battered Africa, Zambia became the first co...

World Bank signs off $300m grant to Mozambique after...

Mozambique's Finance Minister Max Tonela said the money will be used to finan...

IMF greenlights $1 bn loan to Tanzania

Tanzania is to immediately receive the equivalent of $151.7 million. It had a...

Ghana president defends IMF aid decision

The decision has stoked fierce debate in Ghana, where Akufo-Addo has come und...