Malawi’s President Returns Home after Month-Long Absence
Malawian President Peter Mutharika returned home on Sunday after an unexplained trip to the United States that lasted several weeks, sparking a lot of rumors […]
IMF
Tanzania Gets $259 mln Funding for Power Grid
The African Development Bank and the Japan International Cooperation Agency have granted $258.82 million to Tanzanian government for a high voltage electricity line to connect […]
Namibia’s Economic Growth Slowing – IMF
Slow budgetary consolidation efforts by authorities as well as a slowdown in the buildings and public works sector could put the brakes on Namibia’s economy, […]
Ethiopian to Head IMF’s Africa Department
The International Monetary Fund (IMF) on Thursday appointed Ethiopian Abebe Aemro Selassie as the new head for its African department. Selassie’s appointment was announced in […]
Mozambique: IMF Official Appointed Central Bank Governor
Rogerio Lucas Zandamela, a senior International Monetary Fund official has been appointed as governor of the central bank of Mozambique, the presidency said in a […]
Egypt requests $7bn assistance from IMF to ‘plug funding gaps’
Egypt has officially requested financial assistance from the International Monetary Fund (IMF) to help straighten its ailing economy, the Bretton Wood institution announced on Tuesday. […]
Equatorial Guinea’s Economic Outlook Remains Depressed – IMF
The International Monetary Fund (IMF) on Thursday warned that Equatorial Guinea’s short-term economic outlook remains depressed following a dip in global oil prices. The country […]
Sao Tome and Principe: AU deploys 25 observers to oversee elections
The African Union has deployed a Short-Term Election Observation (STO) Mission of 25 observers to oversee Sao Tome and Principe’s presidential election scheduled for July […]
IMF Extends Loan Program to Drought-Hit Malawi
The International Monetary Fund (IMF) on Monday said it would increase loans to Malawi by $76.8 million, as the southern African country declared a state […]
Nigeria: IMF Welcomes New Forex Policy
The International Monetary Fund on Thursday welcomed the decision by Nigeria government to abandon its currency peg and adopt a flexible exchange rate policy. The […]