Tag: International Monetary Fund

Africa to get 'stronger voice' at IMF: Georgieva

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

IMF warns South Africa economy risks stagnation

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

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 lar...

Tunisia transport workers strike amid economic woes

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

Ghana suspends part of foreign debt payments

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

Ghana reaches $3 bn deal with IMF

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

Mozambique court starts ruling on 'hidden debt' graft s...

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

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 governments ...

African leaders slam Western absence from climate summit

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

Debt-ridden Zambia secures $1.3 billion in IMF bailout

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

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

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

IMF greenlights $1 bn loan to Tanzania

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

Ghana president defends IMF aid decision

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

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