EU to provide €100 million to Somalia
The EU and Somalia signed Sunday (Oct. 14) an agreement to provide €100 million to the Somali budget over the next two and a half […]
IMF
IMF cuts Ghana’s 2018 GDP growth to 6.3%
The International Monetary Fund (IMF) has revised downwards its earlier 6.8 per cent Gross Domestic Product (GDP) projection for Ghana economy 2018 to 6.3 per […]
Nigeria: Buhari asks lawmakers to approve $2.79 bln Eurobond
Nigerian President Muhammadu Buhari on Tuesday asked lawmakers to approve the issuance of a $2.79 billion Eurobond. According to Buhari, the Eurobond will help Africa’s […]
IMF disburses $245m loan tranche to Tunisia
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
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
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
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
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
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
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 […]