Two IMF adjustments that may channel billions to Africa
By ETSEHIWOT KEBRET* It is a truism that the countries and citizens that face the greatest challenges in tackling ...
Tag: International Monetary Fund (IMF)
IMF says Cameroon ‘remains resilient’ in face of external shocks
Cameroon has remained resilient in the face of successive external shocks, and its real GDP growth is expected to reach ...
IMF approves $938 million loan to Kenya
The International Monetary Fund (IMF) announced on Thursday that it had reached an agreement on a $938 million (€864 million) ...
Malawi’s President bans himself and cabinet from foreign travel
Malawi's President Lazarus Chakwera has suspended with immediate effect all international travel for himself and his government in a bid ...
Somalia, IMF reach preliminary deal on $100 mln in new funding
International Monetary Fund (IMF) staff on Wednesday reached a preliminary agreement with Somalia that will allow for the release of ...
Zimbabwe seeks new IMF staff-monitored programme by April
Zimbabwe hopes to agree a new staff-monitored programme with the International Monetary Fund (IMF) by April 2024, with an IMF ...
IMF lowers Sub-Saharan Africa growth forecasts
Sub-Saharan Africa's economic growth will shrink for a second year in a row in 2023 before rebounding in 2024, the ...
Ghana tops African countries with highest debt with IMF
Ghana has maintained its spot as Africa’s most indebted country to the International Monetary Fund (IMF). Ghana’s debt to the ...
Malawi slashes the value of its currency kwacha
The authorities in Malawi have announced a 25% devaluation of the local currency, the kwacha, starting on Friday. The announcement ...
Senegal distributes aid as global economic crisis hits
President Macky Sall has announced "emergency" cash transfers to more than half a million Senegalese households to help them cope ...
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