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IMF

IMF disburses $245m loan tranche to Tunisia

October 1, 2018 Khalid Al Mouahidi 0

The International Monetary Fund last weekend approved the payment of a $245 million loan tranche to Tunisia as the North African nation is making urgent […]

Tunisia needs $2.53 bln in external financing next year

September 14, 2018 Khalid Al Mouahidi 0

Tunisian government needs around $2.53 billion in external financing in 2019 and plans to issue $1 billion in bonds next month to help cover 2018’s […]

Tunisia raises fuel prices, 4th hike this year

September 3, 2018 Geraldine Boechat 0

Tunisia has raised fuel prices over the weekend by 4 percent, the fourth hike this year, as the government seeks to cut budget deficit, a […]

Congo seeks Beijing’s help on IMF bailout accord

August 29, 2018 Geraldine Boechat 0

President of the Republic of Congo Denis Sassou Nguesso will seek Chinese support for its negotiations with the International Monetary Fund about a bailout, a […]

Ethiopia inks $1 bln World Bank deal to support reforms

August 27, 2018 Geraldine Boechat 0

The new reformist Prime Minister of Ethiopia Ahmed Abiy has secured a $1 billion deal from the World Bank to continue the ongoing reforms in […]

Egypt increases gas prices by 75%, part of austerity measures

July 23, 2018 Khalid Al Mouahidi 0

The Egyptian government on Saturday raised gas prices for households and businesses by between 33.3 and 75 percent, the latest move in an IMF-backed austerity […]

Ghana is open for business – President Akufo-Addo tells South Africans

July 6, 2018 Khalid Al Mouahidi 0

Ghanaian President Nana Addo Dankwa Akufo-Addo on Thursday spoke at the Ghana-South Africa Business Forum, held in Pretoria, as part of his State Visit in […]

IMF to consider bailout for debt-crippled Congo Republic

June 28, 2018 Khalid Al Mouahidi 0

The Executive Board of the International Monetary Fund will examine Congo Republic’s request for a bailout on July 6, the international lender said on Wednesday. […]

Millions of Ghanaians not benefiting from booming economy—UN

June 25, 2018 Khalid Al Mouahidi 0

The UN Special Rapporteur on extreme poverty and human rights said millions of people in Ghana are not benefiting from the country’s booming economy, but […]

South African firms urged to invest in public projects in Zambia

June 22, 2018 Khalid Al Mouahidi 0

Zambia’s finance minister has urged South African firms to invest in roads and power plants in the Southern African nation after it suspended borrowing indefinitely. […]

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News

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  • AU Executive Council Concludes 48th Session with Renewed Push for Unity and Development
  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting
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