IMF Clears $2.27bn for Egypt After Latest Program Reviews
The International Monetary Fund (IMF) has completed the combined fifth and sixth reviews of Egypt’s economic reform programme, unlocking approximately 2.27 billion U.S. dollars in […]
Finance
Angola Approves Presidential Authority to Introduce Special Tourism Levy for International Visitors
In a decisive move to bolster Angola’s tourism financing structure, the National Assembly unanimously endorsed on Thursday a legislative authorisation empowering the President of the […]
South Africa Eyes Gradual Economic Recovery as 2026 Growth Forecast Rises to 1.6%
South Africa’s economy is projected to expand by 1.6 per cent in 2026, up from an estimated 1.4 per cent in 2025, according to Finance […]
Benin Targets Fiscal Stability with 3% Deficit Ceiling, Emphasises Debt Vigilance
Benin’s 2026 budget aims to keep the fiscal deficit within the West African Economic and Monetary Union (WAEMU) ceiling of 3 percent of GDP, according […]
Angola’s Finance Minister Reaffirms Government’s Commitment to Improving Business Environment
Angola’s Vera Daves on Tuesday reaffirmed the executive’s ongoing commitment to strengthening the country’s business environment, underscoring continued efforts to create a more conducive climate […]
IMF Approves $124.3 Million Resilience Facility and Completes Fourth Review of Extended Credit for Burkina Faso
The International Monetary Fund (IMF) Executive Board on February 18, 2026, completed the fourth review of Burkina Faso’s 48-month Extended Credit Facility (ECF) arrangement, unlocking […]
Mozambique Welcomes China’s Tariff Exemption, Sees New Export Opportunities
The Mozambican Government has welcomed China’s decision to grant full tariff exemptions on products imported from 53 African countries with diplomatic ties to Beijing, highlighting […]
DRC: Payroll Surge Deepens Fiscal Strain as IMF Flags 2026 Deficit Risk
The State payroll in DR Congo has risen by a further 11 per cent this year, intensifying pressure on public finances, according to Valery Madianga, […]
Africa Urged to Unlock Domestic Capital and Reform Extractive Models to Bridge Financing Gap
Africa continues to grapple with a widening infrastructure financing gap and loses billions of dollars annually to financial fraud, even as the continent holds more […]
Mozambique and BADEA Launch New Phase of Climate and Social Development Financing
President Daniel Chapo of Mozambique met in Addis Ababa over the week-end with Abdullah Almusaibeeh, President of the Arab Bank for Economic Development in Africa […]