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IMF

Sao Tome and Principe: AU deploys 25 observers to oversee elections

July 9, 2016 Steven Addamah 0

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

June 21, 2016 Geraldine Boechat 0

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

June 16, 2016 Khalid Al Mouahidi 0

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 […]

IMF Praises Mali’s Handling of Economy, Disburses $26.9 mln

June 11, 2016 Geraldine Boechat 0

The International Monetary Fund on Friday said its board approved the disbursement of about $26.9 million to landlocked Mali. The international lender also extended the […]

IMF Paints Gloomy Picture For Algerian Economy

May 21, 2016 Khalid Al Mouahidi 0

The economic outlook in Algeria has deteriorated since 2014 due to the fall in oil prices, affecting fiscal and external balances, says the International monetary […]

Cheap Oil, Insecurity Slow CEMAC Economic Growth – IMF

May 16, 2016 Khalid Al Mouahidi 0

Countries of the Central African Economic and Monetary Community (CEMAC) are facing economic turbulence, the IMF said over the weekend following 2-week visit to Libreville […]

Uranium-Rich Niger’s Economy to Grow by 5.2%

May 11, 2016 Geraldine Boechat 0

Landlocked Niger’s economy is expected to grow by 5.2 percent this year, the International Monetary Fund said on Tuesday. “The economic perspectives in the medium-term […]

Angola Must Combat Money Laundering, CB Governor

May 4, 2016 Pawla Nibramich 0

Governor of Angola’s central bank, Valter Filipe da Silva, said Angola needs to fight money laundering and financing terrorism by focusing on ethics and morality […]

Kenya’s Economy Grew by 5.6% in 2015

May 3, 2016 Geraldine Boechat 0

Kenya’s economy grew by 5.6 percent in 2015 up from 5.3 recorded in 2014, the statistics office said on Tuesday. Agriculture, which contributes nearly a […]

Algeria GDP Growth Stood at 3.9% in 2015

April 26, 2016 Geraldine Boechat 0

Algeria’s economy grew by 3.9 percent in 2015, up from a 3.8 percent the previous year, the government said on Monday. In 2015, the North […]

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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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