IMF cuts South Africa’s growth as Lagarde meets Ramaphosa
IMF chief Christine Lagarde has met South African Deputy President Cyril Ramaphosa in Davos on Wednesday on the sidelines of the World Economic Forum. The […]
IMF
Côte d’Ivoire: Gunfire at military camps in Bouake
Heavy gunfire erupted at two military barracks in Côte d’Ivoire’s second largest city, Bouake, local media reported late on Tuesday. Early last year, Côte d’Ivoire […]
Oil-dependent Gabon economy grew 0.8% in 2017 – IMF
The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]
IMF says more work needed before Congo’s debt-plagued economy bailout
The International Monetary Fund (IMF) has concluded its negotiation mission in Congo without reaching an agreement on an assistance package, the Washington-based international lender said […]
Senegal: IMF forecasts stronger growth for third year in a row
Senegal’s GDP growth is expected to exceed 6 percent in 2017, mainly driven by services, tourism and agriculture, the International Monetary Fund said in a […]
Tanzania: Lack of public spending curtailing economic growth – IMF
The International Monetary Fund (IMF) on Wednesday called on Tanzanian authorities to speed up reforms to prevent a slowdown of the economy of the East […]
IMF Greenlights Disbursment of $2 Bln to Egypt
After a review of Egypt’s economic reforms, the IMF said it has agreed to the disbursement of a $2bn loan –part of the $12bn extended […]
Ethiopia devalues Birr to cope with foreign currency crunch
The National Bank of Ethiopia (NBE) on Tuesday announced a devaluation of the country’s currency, the birr by 15% in a bid to cope with […]
Ghana extends IMF credit Facility program to 2019
The Government of Ghana, on Wednesday, extended the credit facility program with the International Monetary Fund (IMF) by a year following a conclusion of an […]
Congo: Prime Minister, Cabinet Resign amid Economic Turmoil
Congo’s Prime Minister Clement Mouamba on Thursday resigned along with the rest of his cabinet, days after veteran President Denis Sassou Nguesso called for new […]